Yapi Kredi
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.
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
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.
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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.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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
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.
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.
