OYAK
OYAK, officially known as the OYAK Group, is a prominent Turkish conglomerate headquartered in Ankara, Turkey. Established in 1961, OYAK has evolved into a key player across various sectors, including automotive, cement, finance, and logistics. With a strong operational presence in Europe, Asia, and the Middle East, the company has consistently demonstrated its commitment to innovation and quality. The OYAK Group is renowned for its diverse portfolio, which includes leading automotive brands and high-quality cement production. Its unique approach to integrating sustainability within its operations has positioned OYAK as a market leader in Turkey. Notable achievements include significant contributions to the Turkish economy and a reputation for excellence in customer service. As a trusted name in multiple industries, OYAK continues to drive growth and development in the regions it serves.
DitchCarbon Score
How does OYAK'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 Other 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
OYAK's score of 19 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OYAK's reported carbon emissions
In 2023, OYAK reported total greenhouse gas emissions of approximately 9,481,007,000 kg CO2e, which includes 9,025,428,000 kg CO2e from Scope 1 and 16,410,209,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions reflect direct emissions from owned or controlled sources, while Scope 3 emissions encompass indirect emissions, including those from purchased goods and services. In 2022, OYAK's total emissions were about 9,950,717,000 kg CO2e, with Scope 1 emissions at 9,492,256,000 kg CO2e and Scope 3 emissions at 17,430,460,000 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. The company has not disclosed specific reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi) or any formal climate pledges. However, OYAK continues to monitor and report its emissions, demonstrating a commitment to transparency in its climate impact. The emissions data reflects OYAK's ongoing efforts to address its carbon footprint within the steel industry, where the average greenhouse gas emissions for Scope 1 and 2 are reported at approximately 2,460 kg CO2e per tonne of crude steel produced in 2023.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 9,492,256,000 | 0,000,000,000 |
| Scope 2 | 5,204,000 | - |
| Scope 3 | 17,430,460,000 | 00,000,000,000 |
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.
OYAK is not committed to any 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.
