Tekfen Holding
Tekfen Holding A.Ş., a prominent Turkish conglomerate, is headquartered in Istanbul and operates extensively across the Middle East, North Africa, and Europe. Founded in 1956, the company has established itself as a leader in the construction, agriculture, and industrial sectors, with significant milestones that underscore its growth and innovation. The firm is renowned for its diverse portfolio, which includes construction services, agricultural products, and engineering solutions. Tekfen's commitment to quality and sustainability sets it apart in the competitive landscape. With a strong market position, the company has achieved notable accolades, reflecting its dedication to excellence and its role as a key player in Turkey's economic development.
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 41 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tekfen Holding's reported carbon emissions
In 2023, Tekfen Holding reported approximately 800,229 tonnes CO2e in Scope 1 emissions, 25,509 tonnes CO2e in Scope 2 emissions, and a significant 4,057,451 tonnes CO2e in Scope 3 emissions. This reflects their ongoing commitment to monitoring and managing carbon emissions across their operations. Over the years, Tekfen has demonstrated a trend of fluctuating emissions. For instance, in 2021, their Scope 1 emissions were about 1,112,048 tonnes CO2e, while Scope 2 emissions were approximately 33,133 tonnes CO2e. The Scope 3 emissions for the same year reached around 4,656,128 tonnes CO2e, indicating a substantial portion of their carbon footprint originates from this category. Tekfen Holding has engaged in various climate initiatives, including participation in the UN Global Compact and the Climate Ambition Accelerator. However, specific reduction targets have not been disclosed. Their commitment to sustainability is further evidenced by their participation in the CDP (Carbon Disclosure Project), where they have received scores ranging from B to A- in recent years, reflecting their efforts in climate action and transparency. Overall, Tekfen Holding is actively working towards understanding and reducing its carbon emissions, although detailed reduction targets remain unspecified.
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Add to project2016 | 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 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.
