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 43 is higher than 68% 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 significant carbon emissions totalling approximately 800,229,260 kg CO2e for Scope 1 and about 825,738,910 kg CO2e for Scope 3. This reflects a continued commitment to transparency in their environmental impact, although no Scope 2 emissions data was disclosed for this year. In 2022, the company recorded emissions of around 800,229,000 kg CO2e for Scope 1, 25,483,000 kg CO2e for Scope 2, and a substantial 4,057,451,000 kg CO2e for Scope 3. The emissions from Scope 3 indicate a significant upstream impact, which is common in industries with extensive supply chains. Despite the high levels of emissions, Tekfen Holding has not publicly committed to specific reduction targets or initiatives as per the latest data. This lack of defined reduction strategies may reflect an industry context where many companies are still developing comprehensive climate action plans. Overall, Tekfen Holding's emissions data highlights the need for ongoing assessment and potential action towards reducing their carbon footprint, particularly in Scope 3 emissions, which represent a considerable portion of their total emissions.
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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 | - |
| 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 | 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.
