Sabanci Holding

Sabanci Holding, a Turkish holding company in the "Funds, trusts, and financial vehicles" industry, reported approximately 10.1 billion kg CO2e in combined Scope 1 and Scope 2 market-based emissions in 2024. Its Scope 1 emissions were approximately 8.8 billion kg CO2e, and its Scope 2 market-based emissions were approximately 842.5 million kg CO2e. For Scope 3, reported emissions included 268,650 kg CO2e from business travel, 48,220 kg CO2e from employee commutes, 17,000 kg CO2e from purchased goods and services, and 346,000 kg CO2e from waste generated in operations.

The company has set a long-term goal to achieve Net-Zero Emissions across all scopes by 2050. Near-term reduction targets include a 15% reduction in Scope 1 and Scope 2 GHG emissions by 2025 against a 2021 baseline. Looking further ahead, Sabanci Holding aims for a 42% reduction in Scope 1 and Scope 2 GHG emissions by 2030, also against a 2021 baseline, without using carbon offsets. These targets are consistent with those proposed by the Science-Based Targets initiative (SBTi).

In 2023, Sabanci Holding's total emissions were approximately 18.3 billion kg CO2e. This included approximately 8.08 billion kg CO2e from Scope 1, approximately 864.0 million kg CO2e from Scope 2 market-based emissions, and approximately 9.37 billion kg CO2e from Scope 3. Notably, Scope 3 investments contributed significantly at approximately 9.37 billion kg CO2e.