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 22 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Yapi Kredi's reported carbon emissions
In 2023, Yapi Kredi reported total carbon emissions of approximately 35,598,000 kg CO2e, comprising 18,415,000 kg CO2e from Scope 1, 35,598,000 kg CO2e from Scope 2, and 5,600,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, with total emissions decreasing from about 45,021,000 kg CO2e in 2021 and 55,389,000 kg CO2e in 2020. The bank has set near-term targets aligned with a 1.5°C pathway, aiming to cover 29% of its total investment and lending by total assets as of 2021. Yapi Kredi is committed to reducing its operational emissions (Scopes 1 and 2) in line with the necessary reductions to limit global warming to 1.5°C. However, the bank has not yet committed to a net-zero target. Yapi Kredi's emissions intensity for Scope 1 and 2 was reported at approximately 0.00114 kg CO2e per employee in 2023, reflecting ongoing efforts to improve efficiency and reduce carbon footprints across its operations. The bank continues to monitor and report its emissions, demonstrating a commitment to transparency and accountability in its climate initiatives.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 14,665,000 | 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 | 00,000,000 | 00,000,000 |
| Scope 3 | 13,666,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 committed to some reduction initiatives 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.
