Tksb
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.
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
Tksb's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tksb's reported carbon emissions
In 2022, TSKB reported total carbon emissions of approximately 2,633,830,000 kg CO2e. This figure includes Scope 1 emissions of about 2,748,000 kg CO2e, Scope 2 emissions of approximately 624,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 2,633,419,000 kg CO2e. Comparatively, in 2021, TSKB's total emissions were about 2,748,895,000 kg CO2e, with Scope 1 emissions at approximately 3,410,000 kg CO2e, Scope 2 emissions at around 494,000 kg CO2e, and Scope 3 emissions reaching about 2,748,390,000 kg CO2e. This indicates a reduction in total emissions from 2021 to 2022. TSKB has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway by 2035. These targets cover 53% of its total investment and lending portfolio as of 2021, with required activities constituting 63% of this portfolio. The bank is committed to reducing greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the necessary reductions to limit global warming to 1.5°C. Overall, TSKB's climate commitments reflect a proactive approach to managing its carbon footprint, with a focus on significant emissions reduction across its operations and investment activities.
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| 2011 | 2012 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 735,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 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.
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.
