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Public Profile
Financial Intermediation
TR
updated a month ago

Tksb

Company website

TKSb, officially known as Türkiye Sınai Kalkınma Bankası, is a prominent development and investment bank headquartered in Turkey (TR). Established in 1975, TKSb has played a pivotal role in financing projects that drive economic growth across various sectors, including infrastructure, energy, and manufacturing. With a strong presence in both domestic and international markets, TKSb is recognised for its commitment to sustainable development and innovation. The bank offers a range of financial services, including project finance, corporate banking, and advisory services, distinguished by its tailored solutions that meet the unique needs of its clients. Over the years, TKSb has achieved significant milestones, solidifying its position as a leader in the Turkish banking sector, and continues to contribute to the nation’s economic landscape through strategic investments and partnerships.

DitchCarbon Score

How does Tksb'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.

45

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.

30

Industry Benchmark

Tksb's score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Tksb's reported carbon emissions

In 2023, TSKB reported total carbon emissions of approximately 240,079,460 kg CO2e, with Scope 1 emissions at about 5,162,130 kg CO2e, Scope 2 emissions at approximately 3,860,210 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 231,057,110 kg CO2e. This represents a decrease from 2022, where total emissions were about 289,105,130 kg CO2e, with Scope 1 at 3,327,200 kg CO2e and Scope 2 at 2,908,110 kg CO2e. TSKB has set ambitious climate commitments, aiming to reduce its direct emissions (Scope 1) by 63% by 2035, with an interim target of a 42% reduction by 2030, using 2020 as the baseline year. Additionally, TSKB has committed to reducing average GHG emissions from 2012-2016 by 10% by the end of 2021. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. The organisation's emissions data is sourced from Türkiye Sinai Kalkinma Bankasi A.S., reflecting its corporate family relationship. TSKB's ongoing efforts to minimise emissions include promoting the use of electric vehicles and shuttle services to reduce transportation-related emissions.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2011201220192020202120222023
Scope 1
735,000
000,000
000,000
000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
-
-
-
0,000,000
0,000,000
0,000,000
Scope 3
-
-
000,000
000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tksb's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tksb is in TR, which has a very low grid carbon intensity relative to other regions.

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.

Tksb 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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