Public Profile

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.

18

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.

13

Industry Benchmark

Tksb's score of 18 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

Tksb's reported carbon emissions

In 2022, TSKB reported total carbon emissions of approximately 2,633,830,000 kg CO2e, with Scope 1 emissions at about 2,748,000 kg CO2e and Scope 3 emissions significantly higher at approximately 2,633,419,000 kg CO2e. The company has shown a notable reduction in emissions from previous years, with total emissions decreasing from about 2,748,895,000 kg CO2e in 2021 and 5,790,000 kg CO2e in 2020. TSKB has set near-term targets aligned with a 1.5°C pathway, aiming to cover 53% of its total investment and lending portfolio by total assets as of 2021. This includes a commitment to reduce greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the necessary reductions to limit global warming. The company has not committed to net-zero emissions but has established significant reduction targets that reflect its commitment to climate action. Overall, TSKB's emissions data and climate commitments illustrate a proactive approach to managing its carbon footprint while contributing to broader sustainability goals within the financial sector.

Unlock detailed emissions data

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Add to project
20112012202020212022
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

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. Tksb is headquartered in TR, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers