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 51 is higher than 72% 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 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, indicating a positive trend in their emissions management. TSKB has set ambitious reduction targets, aiming for a 42% reduction in Scope 1 emissions by 2030, using 2020 as the baseline year. Additionally, they have committed to a long-term goal of reducing these emissions by 63% by 2035. Their climate strategy is aligned with the Science Based Targets initiative (SBTi), which confirms that their targets are consistent with limiting global warming to 1.5°C. The bank's emissions data and reduction initiatives are inherited from its parent company, Türkiye Sinai Kalkinma Bankasi A.S., ensuring a cohesive approach to sustainability across its operations. TSKB's commitment to reducing its carbon footprint is further supported by initiatives encouraging the use of electric vehicles and shuttle services to minimise transportation emissions. Overall, TSKB is actively working towards significant emissions reductions while maintaining transparency in its reporting and commitment to climate action.
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| 2011 | 2012 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 735,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000 | 000,000,000 | 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.
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.
