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Limak Group of Companies, headquartered in Turkey, is a prominent player in the construction industry, specifically within the sector classified as construction work (45). Established in 1976, Limak has expanded its operations across various regions, including Europe, Africa, and the Middle East, solidifying its reputation as a global construction leader.
The company excels in diverse areas such as infrastructure development, energy projects, and real estate, offering unique solutions that combine innovation with sustainability. Limak's commitment to quality and efficiency has earned it numerous accolades, positioning it as a trusted partner in large-scale projects. With a focus on delivering exceptional results, Limak Group continues to shape the landscape of modern construction, reflecting its dedication to excellence and progress.
+12 vs industry average
Limak Group of Companies’s score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Limak Group of Companies, a construction work firm headquartered in Turkey, reported total carbon emissions of approximately 10.75 billion kg CO2e in 2024. This figure includes Scope 1 emissions of approximately 9.35 billion kg CO2e, market-based Scope 2 emissions of about 382.63 million kg CO2e, and Scope 3 emissions totalling around 1.02 billion kg CO2e.
Looking back, in 2023, the company's total emissions were approximately 10.80 billion kg CO2e, with Scope 1 at about 9.27 billion kg CO2e, market-based Scope 2 at roughly 384.49 million kg CO2e, and Scope 3 at about 1.15 billion kg CO2e. In 2022, total emissions stood at approximately 10.24 billion kg CO2e, comprising Scope 1 emissions of roughly 8.61 billion kg CO2e, market-based Scope 2 emissions of about 425.21 million kg CO2e, and Scope 3 emissions of around 1.21 billion kg CO2e.
Limak Group of Companies has established several climate commitments. Limak Cement aims to achieve net-zero Scope 1 and Scope 2 emissions by 2050. Near-term targets include a 24.3% reduction in Scope 1 emissions and a 5.8% reduction in Scope 2 emissions by 2026, relative to a 2020 baseline. Additionally, within the framework of their 2030 targets, Limak Cement aims to reduce Scope 1 and Scope 2 emissions by approximately 18% from a 2022 baseline, through measures such as producing cement products with lower clinker use and increasing renewable energy investments. They also aim to reduce clinker CO2 emissions by 77% by 2050 from a 2021 baseline. Furthermore, a 36% reduction in emission intensity per tonne of cement produced is targeted by 2030, also relative to a 2021 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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