QNB Finansbank Sustainability Profile
QNB Finansbank, a prominent player in the Turkish banking sector, is headquartered in Turkey (TR) and operates extensively across the region. Founded in 1987, the bank has established itself as a key provider of financial services, catering to both individual and corporate clients. Specialising in retail banking, corporate banking, and treasury services, QNB Finansbank offers a diverse range of products, including loans, credit cards, and investment solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive market. With a strong market position, QNB Finansbank has achieved significant milestones, including recognition for its digital banking initiatives and sustainable finance efforts. The bank continues to enhance its reputation as a trusted financial partner in Turkey and beyond.
DitchCarbon Score
How does QNB Finansbank'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 Financial Intermediation 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
QNB Finansbank's score of 37 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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QNB Finansbank's reported carbon emissions
In 2022, QNB Finansbank reported total carbon emissions of approximately 14,786,000 kg CO2e. This figure includes 14,786,000 kg CO2e from Scope 1 emissions, while Scope 2 emissions were reported at about 23,285,000 kg CO2e (location-based). Additionally, Scope 3 emissions totalled approximately 14,786,000 kg CO2e, with significant contributions from categories such as purchased goods and services (about 327,670 kg CO2e) and the use of sold products (approximately 77,640 kg CO2e). For the year 2021, QNB Finansbank's emissions in Turkey included 14,950,000 kg CO2e from Scope 1 and 22,537,000 kg CO2e from Scope 2 (location-based). Scope 3 emissions for that year were detailed, with notable figures such as 7,642,000 kg CO2e from employee commuting and 2,425,000 kg CO2e from capital goods. Despite these emissions figures, QNB Finansbank has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, QNB Bank A.S., and is part of a broader corporate family relationship with Qatar National Bank (Q.P.S.C.), which influences their sustainability reporting and performance metrics. Overall, QNB Finansbank's emissions profile reflects a significant carbon footprint, with a need for clear reduction strategies to align with industry standards and climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 14,786,000 |
| Scope 2 | - |
| Scope 3 | 14,786,000 |
How Carbon Intensive is QNB Finansbank's Industry?
How Carbon Intensive is QNB Finansbank's Location?
QNB Finansbank's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 2% of Scope 3 emissions.
Top Scope 3 Categories
QNB Finansbank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
QNB Finansbank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
