Tekfen Holding
Tekfen Holding A.Ş., headquartered in Turkey, is a prominent player in the construction, agriculture, and engineering sectors. Founded in 1956, the company has established a strong presence in various regions, including the Middle East, North Africa, and Europe. With a diverse portfolio, Tekfen excels in construction and project management, agricultural production, and industrial investments. Their commitment to innovation and sustainability sets them apart, particularly in large-scale infrastructure projects and modern agricultural practices. Recognised for its robust market position, Tekfen Holding has achieved numerous milestones, including significant contributions to Turkey's development and international projects. The company continues to uphold its reputation for quality and reliability, making it a leader in its industry.
DitchCarbon Score
How does Tekfen 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 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
Tekfen Holding's score of 46 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tekfen Holding's reported carbon emissions
In 2023, Tekfen Holding reported total carbon emissions of approximately 800,229,260 kg CO2e from Scope 1, 25,509,650 kg CO2e from Scope 2, and significant Scope 3 emissions amounting to approximately 4,000,000,000 kg CO2e. This reflects their ongoing commitment to transparency in emissions reporting across all three scopes. Over the years, Tekfen has demonstrated a fluctuating emissions profile. For instance, in 2022, their emissions were approximately 800,229,000 kg CO2e for Scope 1, 25,483,000 kg CO2e for Scope 2, and around 4,057,451,000 kg CO2e for Scope 3. In 2021, the figures were approximately 1,112,048,000 kg CO2e (Scope 1), 33,133,000 kg CO2e (Scope 2), and 4,656,128,000 kg CO2e (Scope 3). Despite these emissions, Tekfen has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. Their climate commitments remain vague, with no documented reduction targets or pledges available. This lack of defined goals may reflect the broader industry context, where many companies are still developing comprehensive strategies to address climate change. Overall, Tekfen Holding's emissions data highlights the importance of ongoing monitoring and the need for clear climate action commitments in the face of rising global concerns about carbon emissions and climate change.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,052,537,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 45,050,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 141,562,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Tekfen Holding is participating in some 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.
