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OrganisationsSekerbank
Sekerbank logo

Sekerbank

Financial IntermediationTürkiyeIST: SKBNK.IS
Last verified 3 months agosekerbank.com.tr

Sekerbank, officially known as Sekerbank T.A.S., is a prominent financial institution headquartered in Turkey. Established in 1933, the bank has a long-standing history of providing comprehensive financial intermediation services, excluding insurance and pension funding. Its core operations focus on retail banking, corporate banking, and SME financing, with a strong presence across Turkey and select regional markets.

Renowned for its customer-centric approach and innovative banking solutions, Sekerbank has earned a notable position within Turkey’s financial sector. The bank’s commitment to supporting economic development and fostering financial inclusion distinguishes it within the industry. With a solid track record of growth and stability, Sekerbank continues to serve as a key player in Turkey’s financial intermediation landscape.

52
DitchCarbon score

+15 vs industry average

Sekerbank’s score of 52 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2027

00.0M0.0M0.0M0.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sekerbank's reported carbon emissions

Sekerbank, a financial intermediation services provider headquartered in Turkey, has disclosed its greenhouse gas emissions for the years 2018 to 2024. In 2024, Sekerbank reported a total of approximately 5.99 million kg CO2e. This figure comprises approximately 3.10 million kg CO2e from Scope 1, about 2.04 million kg CO2e from Scope 2, and approximately 842,400 kg CO2e from Scope 3 emissions.

The bank's Scope 3 emissions in 2024 include contributions from employee commute (approximately 619,820 kg CO2e), business travel (around 171,330 kg CO2e), purchased goods and services (about 42,730 kg CO2e), and waste generated in operations (approximately 8,530 kg CO2e).

Examining previous years, total emissions were approximately 7.43 million kg CO2e in 2023 and about 8.27 million kg CO2e in 2022. Scope 1 and 2 emissions have seen fluctuations over the years, while Scope 3 emissions have generally remained lower in comparison.

Sekerbank has made commitments to emissions reduction. Notably, the bank has set near-term targets classified as 1.5°C aligned, with a target year of 2028. These targets specifically cover greenhouse gas emissions from company operations (Scopes 1 and 2) and are consistent with reductions required to keep warming to 1.5°C. While specific reduction percentages are not detailed for these near-term goals, the classification indicates an alignment with ambitious climate pathways. The bank also has a long-term target status of "Targets Set," though further details on this long-term objective are not specified. Sekerbank is not currently committed to Net Zero by a specific year. The emissions data and reduction targets are self-reported by Sekerbank T.A.Ş. and are not cascaded from a parent organisation.

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Sekerbank’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

4 of 15 categories disclosed
Employee Commuting74%
Business Travel20%
Purchased Goods & Services5%
Waste Generated in Operations1%
Employee Commuting74%
Business Travel20%
Purchased Goods & Services5%
Waste Generated in Operations1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2028 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sekerbank logoSekerbank
TRFinancial Intermediation
3 months ago
52
Turkcell logoTurkcell
TRPost and Telecommunications Services
7 days ago
78
View
Anadolu Efes logoAnadolu Efes
TRBeverage Manufacturing
7 days ago
69
View
DenizBank Bahrain Branch logoDenizBank Bahrain Branch
BHFinancial Intermediation
7 days ago
47
View
Halkbank Turkiye Halk Bankasi logoHalkbank Turkiye Halk Bankasi
TRFinancial Intermediation
7 days ago
45
View
Vakifbank logoVakifbank
TRFinancial Intermediation
2 days ago
39
View
Isbank logoIsbank
TRFinancial Intermediation
16 days ago
33
View

Frequently asked questions

Common questions about Sekerbank’s sustainability data and climate commitments

In 2024, Sekerbank's total greenhouse gas emissions were approximately 6 million kg CO₂e. This figure includes roughly 3.1 million kg from Scope 1, about 2 million kg from Scope 2, and close to 840,000 kg from Scope 3 emissions. These numbers reflect a significant reduction compared to previous years, indicating ongoing efforts to lower its carbon footprint. The emissions data is self-reported and provides insight into the bank's environmental impact within Turkey's financial sector, aligning with its climate commitments for 2028.

Data year: 2024

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