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Public Profile
Financial Intermediation
TR
updated 13 days ago

QNB Finansbank

Company website

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.

37

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.

29

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.

58%

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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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. QNB Finansbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for QNB Finansbank is in TR, which has a very low grid carbon intensity relative to other regions.

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.

QNB Finansbank is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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