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.
+8 vs industry average
Tekfen Holding’s score of 43 is higher than 60% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tekfen Holding's reported carbon emissions
In 2023, Tekfen Holding reported total carbon emissions of approximately 5.56 billion kg CO2e. This figure includes Scope 1 emissions of about 824.6 million kg CO2e, Scope 2 emissions of approximately 25.5 million kg CO2e, and significant Scope 3 emissions amounting to around 4.71 billion kg CO2e. The company has set ambitious climate commitments, targeting a 15% reduction in gross global Scope 1 and Scope 2 greenhouse gas emissions over six years, which equates to an average annual reduction of 2.5%. Furthermore, Tekfen aims for a total reduction of 40.2% in these emissions by 2037, building on their initial target to reduce emissions by 15% by 2025, followed by a further 25.2% reduction from 2019 levels. Tekfen Holding's emissions data is not cascaded from any parent organisation, ensuring that their reported figures and commitments are independently derived. The company is actively working towards these targets, aligning with industry standards for climate action.
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Tekfen Holding’s Climate Goals (2030 & 2050)
1 goal2037
15% reduction in all scopes
We target a reduction of 15% from our gross-global Scope1 and Scope 2 GHG emissions, over a period of 6 years, which translates to a 2.50% r…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Tekfen Holding
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