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Financial Intermediation
TR
updated 13 days ago

Yapi Kredi

Company website

Yapı Kredi, officially known as Yapı ve Kredi Bankası A.Ş., is a prominent financial institution headquartered in Istanbul, Turkey. Established in 1944, it has grown to become a key player in the Turkish banking sector, offering a wide range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major operational regions in Turkey, Yapı Kredi is recognised for its innovative digital banking services and customer-centric approach. The bank's core products, such as personal loans, credit cards, and investment services, are designed to meet diverse customer needs, setting it apart in a competitive market. Yapı Kredi has achieved notable milestones, including being one of the first banks in Turkey to introduce internet banking, solidifying its position as a leader in financial technology. Its commitment to excellence has earned it numerous awards, reflecting its status as a trusted financial partner in the region.

DitchCarbon Score

How does Yapi Kredi'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.

44

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.

27

Industry Benchmark

Yapi Kredi's score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Yapi Kredi's reported carbon emissions

In 2024, Yapi Kredi reported total carbon emissions of approximately 51,123,000 kg CO2e, comprising 16,421,000 kg CO2e from Scope 1 and 34,903,000 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, amounting to about 17,490,398,000 kg CO2e, with major contributions from investments (approximately 17,490,398,000 kg CO2e) and capital goods (about 3,719,920 kg CO2e). In 2023, Yapi Kredi's emissions were slightly lower, totalling around 51,000,000 kg CO2e, with Scope 1 emissions at 18,415,000 kg CO2e and Scope 2 emissions at 35,598,000 kg CO2e. The Scope 3 emissions for that year were approximately 15,576,461,180 kg CO2e. Yapi Kredi has set near-term targets aligned with a 1.5°C pathway, covering 29% of its total investment and lending by total assets as of 2021. These targets are designed to address greenhouse gas emissions from the bank's operations (Scopes 1 and 2) and are consistent with the reductions required to limit global warming to 1.5°C. The bank is a member of the Science Based Targets initiative (SBTi) and has committed to these targets as of July 2021. Overall, Yapi Kredi is actively working towards reducing its carbon footprint while adhering to industry standards and climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
14,665,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
46,218,000
00,000,000
00,000,000
00,000,000
-
-
-
Scope 3
13,666,000
00,000,000
0,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Yapi Kredi'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. This request for Yapi Kredi is in TR, which has a very low grid carbon intensity relative to other regions.

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.

Yapi Kredi 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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