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 94% 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 for Scope 1, 25,509,650 kg CO2e for Scope 2, and a significant 4,053,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions primarily stem from the use of sold products, which accounted for about 3,403,259,080 kg CO2e. The company has maintained consistent emissions levels over the years, with Scope 1 emissions at approximately 800,229,000 kg CO2e in 2022 and 1,112,048,000 kg CO2e in 2021. Scope 2 emissions have also shown stability, with figures of about 25,483,000 kg CO2e in 2022 and 33,133,000 kg CO2e in 2021. Despite the substantial emissions, Tekfen Holding has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. Overall, Tekfen Holding's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of their extensive Scope 3 emissions, which represent a significant portion of their total carbon output.
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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.
