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Public Profile
Financial Intermediation
TR
updated 10 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.

34

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.

27

Industry Benchmark

QNB Finansbank's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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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. The emissions breakdown includes 14,786,000 kg CO2e from Scope 1, while Scope 2 emissions were reported at 23,285,000 kg CO2e (location-based). Scope 3 emissions totalled about 14,786,000 kg CO2e, with significant contributions from purchased goods and services (327,670 kg CO2e) and the use of sold products (77,640 kg CO2e). Comparatively, in 2021, the bank's total emissions were significantly higher at approximately 62,487,000 kg CO2e, with Scope 1 emissions at 14,950,000 kg CO2e, Scope 2 emissions at 22,537,000 kg CO2e, and Scope 3 emissions reaching about 25,000,000 kg CO2e. This indicates a substantial reduction in total emissions from 2021 to 2022. QNB Finansbank's emissions data is cascaded from its parent company, QNB Bank A.S., and is part of a broader commitment to sustainability within the QNB Group. However, there are currently no specific reduction targets or climate pledges disclosed by QNB Finansbank. The bank's emissions reporting reflects its ongoing efforts to monitor and manage its carbon footprint, aligning with industry standards for transparency and accountability in climate action.

Unlock detailed emissions data

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20212022
Scope 1
14,950,000
00,000,000
Scope 2
-
-
Scope 3
25,000,000
00,000,000

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 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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