Türkiye Cumhuriyeti Ziraat Bankasi A.S.

Türkiye Cumhuriyeti Ziraat Bankasi A.S. (TR), a financial intermediation services provider, reported total carbon emissions of approximately 156.8 million kg CO2e in 2023. This includes Scope 1 emissions of around 44.7 million kg CO2e, primarily from mobile and stationary combustion, and Scope 2 emissions of approximately 60.9 million kg CO2e from purchased electricity. Scope 3 emissions totalled about 51.2 million kg CO2e.

Looking back, the bank's total emissions in 2022 were approximately 115.9 million kg CO2e, with Scope 1 at about 54.2 million kg CO2e, Scope 2 at around 27.7 million kg CO2e, and Scope 3 at about 34.0 million kg CO2e. In 2021, the reported Scope 1 emissions were approximately 85.4 million kg CO2e and Scope 3 emissions were about 12.6 million kg CO2e, which included business travel and purchased goods and services. For 2019, total emissions were about 81.5 million kg CO2e, comprising Scope 1 emissions of approximately 33.8 million kg CO2e and Scope 2 emissions of about 47.8 million kg CO2e. In 2018, total emissions stood at around 75.9 million kg CO2e, with Scope 1 at approximately 29.0 million kg CO2e and Scope 2 at about 46.8 million kg CO2e. The earliest available data from 2015 indicates total emissions of approximately 10.9 million kg CO2e, including Scope 1 emissions of about 3.8 million kg CO2e and Scope 2 emissions of approximately 7.1 million kg CO2e.

Türkiye Cumhuriyeti Ziraat Bankasi A.S. has set near-term net-zero targets for Scope 1 and Scope 2 emissions by the middle of the current decade (2023-2025). Furthermore, the bank aims to achieve a 50% reduction in its Scope 1 emissions from a 2020 baseline by 2030, and a 50% reduction in its Scope 2 emissions from a 2020 baseline by 2030. The bank is prioritising the climate crisis and implementing necessary regulations in line with environmental and social sustainability criteria. All reported emissions data and reduction initiatives are specific to Türkiye Cumhuriyeti Ziraat Bankasi A.S. and are not cascaded from any parent or related organisation.