Koc Holding
Koç Holding, a leading Turkish conglomerate, is headquartered in Istanbul, Turkey (TR). Founded in 1926, the company has established a strong presence across various sectors, including automotive, consumer durables, energy, finance, and retail. With a commitment to innovation and sustainability, Koç Holding has achieved significant milestones, positioning itself as a key player in the Turkish economy. The company’s diverse portfolio includes renowned brands such as Ford Otosan, Arçelik, and Tüpraş, each known for their quality and technological advancements. Koç Holding's unique approach to business, emphasising corporate social responsibility and strategic partnerships, has earned it a prominent market position. As a testament to its success, the company consistently ranks among the top in Turkey and is recognised for its contributions to the global market.
DitchCarbon Score
How does Koc Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Koc Holding's score of 43 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Koc Holding's reported carbon emissions
In 2023, Koc Holding reported total carbon emissions of approximately 6,625,491,000 kg CO2e, comprising 6,625,491,000 kg CO2e from Scope 1 and about 109,877,000 kg CO2e from Scope 2 emissions. The total emissions for Scope 1 and 2 combined reached approximately 6,735,368,000 kg CO2e. In previous years, Koc Holding's emissions were as follows: in 2022, they emitted about 6,864,059,000 kg CO2e (Scope 1) and 127,838,000 kg CO2e (Scope 2), totalling approximately 6,991,897,000 kg CO2e. In 2021, the figures were approximately 6,245,166,000 kg CO2e (Scope 1) and 127,516,000 kg CO2e (Scope 2), leading to a total of about 6,556,953,000 kg CO2e. Koc Holding has also disclosed significant Scope 3 emissions, with approximately 200,287,630,000 kg CO2e reported in 2022 and about 184,680,349,000 kg CO2e in 2021. However, there are currently no specific reduction targets or climate pledges outlined in their reports. Koc Holding's commitment to addressing climate change is evident through their emissions reporting, although further details on reduction initiatives or targets are not available. The company continues to monitor and disclose its emissions, aligning with industry standards for transparency in climate action.
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| 2017 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 7,572,664,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 129,471,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Koc Holding is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
