Sabanci Holding Sustainability Profile
Sabancı Holding, a prominent Turkish conglomerate, is headquartered in Istanbul, Turkey (TR). Founded in 1925, the company has established a strong presence across various sectors, including financial services, industrials, retail, and energy. With a commitment to innovation and sustainability, Sabancı Holding has achieved significant milestones, positioning itself as a leader in the Turkish market. The company’s diverse portfolio includes well-known brands and services, such as banking through Akbank, cement production via Sabancı Cement, and retail operations under the popular Bim chain. Sabancı Holding is recognised for its strategic investments and partnerships, which enhance its competitive edge and market share. With a focus on quality and customer satisfaction, Sabancı Holding continues to drive growth and contribute to the Turkish economy.
DitchCarbon Score
How does Sabanci Holding'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 Services Auxiliary to 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
Sabanci Holding's score of 61 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sabanci Holding's reported carbon emissions
In 2023, Sabancı Holding reported total carbon emissions of approximately 865,959,000 kg CO2e. This figure includes Scope 1 emissions of about 495,000 kg CO2e, Scope 2 emissions of approximately 863,964,000 kg CO2e, and Scope 3 emissions of around 1,500,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 15% by 2025, with a longer-term goal of achieving net-zero emissions across all operations by 2050. Sabancı Holding's reduction initiatives include a commitment to eliminate operational emissions by 2025, specifically targeting both Scope 1 and Scope 2 emissions. Additionally, the company has proposed a 42% reduction in Scope 1 and 2 emissions by 2030, based on a 2021 baseline, without relying on carbon offsets. These targets reflect the company's dedication to sustainability and its alignment with global climate standards. The emissions data is not cascaded from any parent organization, indicating that Sabancı Holding independently reports its emissions and climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,379,026,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 |
| Scope 2 | 825,188,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 256,617,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000 |
How Carbon Intensive is Sabanci Holding's Industry?
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Sabanci Holding's Scope 3 Categories Breakdown
Sabanci Holding's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 99% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Investments" being the largest emissions source at 624613% of Scope 3 emissions.
Top Scope 3 Categories
Sabanci Holding'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.
Sabanci Holding 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.
