Yıldız Holding Sustainability Profile
Yıldız Holding, a prominent Turkish multinational corporation, is headquartered in Istanbul, Turkey. Established in 1944, the company has evolved into a leading player in the food and beverage industry, with significant operations across Europe, the Middle East, and Africa. Yıldız Holding is renowned for its diverse portfolio, which includes well-known brands in confectionery, biscuits, and snacks, such as Ülker and Godiva. With a commitment to quality and innovation, Yıldız Holding has achieved remarkable milestones, including strategic acquisitions that have bolstered its market position. The company is recognised for its unique product offerings that blend traditional flavours with modern tastes, catering to a wide range of consumer preferences. As a key player in the global market, Yıldız Holding continues to set industry standards while expanding its reach and influence.
DitchCarbon Score
How does Yıldız Holding'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 Food Product Manufacturing 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
Yıldız Holding's score of 21 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yıldız Holding's reported carbon emissions
In 2023, Yıldız Holding reported total carbon emissions of approximately 756,000 kg CO2e, comprising 343,000 kg CO2e from Scope 1 and 413,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2022, when the total emissions were about 411,000 kg CO2e, with Scope 1 emissions at 118,000 kg CO2e and Scope 2 emissions at 293,000 kg CO2e. The data indicates a notable rise in emissions over the past few years, with 2021 emissions recorded at 275,000 kg CO2e and 2020 at 295,000 kg CO2e. Yıldız Holding has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions, which places them in a challenging position within the industry context of increasing climate accountability. Overall, while Yıldız Holding has made strides in transparency regarding their emissions, the lack of reduction targets and the upward trend in emissions highlight the need for more robust climate action strategies.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 10,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 285,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Yıldız Holding's Industry?
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Yıldız Holding's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Yıldız Holding has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
