Türkiye Cumhuriyeti Ziraat Bankasi A.S. Sustainability Profile
Türkiye Cumhuriyeti Ziraat Bankası A.Ş., commonly known as Ziraat Bank, is a prominent financial institution headquartered in Ankara, Turkey. Established in 1863, it has played a pivotal role in the Turkish banking sector, focusing on agricultural financing and rural development. Over the years, Ziraat Bank has expanded its operations across major regions in Turkey and internationally, offering a comprehensive range of banking services. The bank's core products include retail banking, corporate banking, and investment services, distinguished by their customer-centric approach and innovative solutions. Ziraat Bank is recognised for its significant contributions to the agricultural economy, making it a leader in this niche market. With a strong market position and a commitment to sustainable growth, Ziraat Bank continues to be a key player in Turkey's financial landscape.
DitchCarbon Score
How does Türkiye Cumhuriyeti Ziraat Bankasi A.S.'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
Türkiye Cumhuriyeti Ziraat Bankasi A.S.'s score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Türkiye Cumhuriyeti Ziraat Bankasi A.S.'s reported carbon emissions
In 2022, Türkiye Cumhuriyeti Ziraat Bankasi A.S. reported total carbon emissions of approximately 59,535,900 kg CO2e. This figure includes Scope 1 emissions of about 31,864,080 kg CO2e, Scope 2 emissions of approximately 27,671,900 kg CO2e, and Scope 3 emissions totalling around 30,469,420 kg CO2e. Notably, the Scope 3 emissions include significant contributions from fuel and energy-related activities, which account for about 19,360,090 kg CO2e. Ziraat Bank has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the bank plans to achieve a 50% reduction in both Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. These targets reflect the bank's prioritisation of the climate crisis and its commitment to environmental and social sustainability. The emissions data is not cascaded from any parent organisation, indicating that Ziraat Bank independently reports its carbon footprint and climate initiatives. The bank's proactive approach to addressing climate change positions it as a responsible entity within the financial sector in Turkey.
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| 2015 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,784,130 | 00,000,000 | 00,000,000 |
| Scope 2 | 7,112,320 | - | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Türkiye Cumhuriyeti Ziraat Bankasi A.S.'s Industry?
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Türkiye Cumhuriyeti Ziraat Bankasi A.S.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Türkiye Cumhuriyeti Ziraat Bankasi A.S. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
