Sekerbank
Sekerbank T.A.S., commonly known as Sekerbank, is a prominent financial institution headquartered in Turkey. Established in 1953, the bank has played a significant role in the agricultural and rural development sectors, primarily serving the needs of farmers and small to medium-sized enterprises (SMEs). With a strong presence across various regions in Turkey, Sekerbank focuses on providing tailored financial solutions that include retail banking, corporate banking, and agricultural financing. Sekerbank distinguishes itself through its commitment to sustainable banking practices and innovative products designed to support local economies. The bank has achieved notable milestones, including recognition for its contributions to the agricultural sector and its efforts in promoting financial inclusion. As a key player in the Turkish banking industry, Sekerbank continues to enhance its market position by prioritising customer-centric services and community development initiatives.
DitchCarbon Score
How does Sekerbank'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
Sekerbank's score of 9 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sekerbank's reported carbon emissions
In 2020, Şekerbank T.A.Ş. reported total carbon emissions of approximately 2,368,000 kg CO2e for Scope 1, 6,728,000 kg CO2e for Scope 2, and 418,000 kg CO2e for Scope 3. This reflects a notable reduction in emissions compared to previous years, with Scope 1 emissions decreasing from about 3,292,000 kg CO2e in 2019 and Scope 2 emissions down from approximately 11,329,000 kg CO2e in 2018. Şekerbank has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C by 2028. Their portfolio targets cover 16% of total investments and lending, with required activities constituting 14% of total assets as of 2021. While the bank has committed to these targets, it has not yet pledged to achieve net-zero emissions. Overall, Şekerbank's commitment to reducing its carbon footprint demonstrates a proactive approach to climate change, focusing on significant reductions in operational emissions while engaging in sustainable financial practices.
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Add to project| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 3,246,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,329,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 1,212,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
Sekerbank is committed to some reduction initiatives 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.
