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Yapı Kredi, officially known as Yapı ve Kredi Bankası A.Ş., is a prominent player in the financial intermediation services sector, headquartered in Turkey. Established in 1944, the bank has grown to become a key provider of a wide range of financial services, including retail banking, corporate banking, and investment services, primarily serving clients across Turkey and Europe.
With a commitment to innovation, Yapı Kredi offers unique products such as digital banking solutions and tailored financial services that cater to diverse customer needs. The bank has achieved significant milestones, including being one of the first in Turkey to adopt advanced digital banking technologies. Recognised for its strong market position, Yapı Kredi continues to lead in customer satisfaction and service excellence within the competitive financial landscape.
45
DitchCarbon score
+8 vs industry average
Yapi Kredi’s score of 45 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Yapi Kredi's reported carbon emissions
Yapi Kredi, a financial intermediation services company based in Turkey, reported its total carbon emissions for 2024 as approximately 17.5 billion kg CO2e. This includes Scope 1 emissions of 16.4 million kg CO2e, Scope 2 emissions (location-based) of 34.9 million kg CO2e, and Scope 3 emissions of 17.5 billion kg CO2e. The largest contributor to Scope 3 emissions is investments, accounting for approximately 17.49 billion kg CO2e.
Looking back, Yapi Kredi's total emissions were approximately 15.6 billion kg CO2e in 2023 and 10.5 billion kg CO2e in 2022.
Yapi Kredi has set near-term Science Based Targets initiative (SBTi) targets, classifying them as consistent with a 1.5°C warming scenario. These targets, which cover greenhouse gas emissions from the company's operations (Scopes 1 and 2), were set in August 2024, with a near-term target year of 2030. Their portfolio targets encompass 29% of their total investment and lending by total assets as of 2021. Yapi Kredi is also a BA1.5 member, committed to the 1.5°C goal. The company is not currently committed to achieving net-zero emissions.
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Yapi Kredi’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Yapi Kredi30 days ago
45
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Frequently asked questions
Common questions about Yapi Kredi’s sustainability data and climate commitments
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