Akbank

Akbank's reported carbon emissions

Akbank, a financial intermediation services provider headquartered in TR, is committed to reducing its environmental impact. For 2024, the bank reported total emissions of approximately 470,000 kg CO2e. This figure comprises approximately 11,210,000 kg CO2e in Scope 1 emissions and approximately 11,100,000 kg CO2e in Scope 3 emissions, with Scope 2 emissions being negligible or zero for this reporting period. In 2022, Akbank's total emissions were approximately 52,819,151 kg CO2e, broken down into approximately 15,249,000 kg CO2e for Scope 1, approximately 15,415,880 kg CO2e for Scope 2, and approximately 31,195,000 kg CO2e for Scope 3. This demonstrates a notable increase in reported emissions compared to 2024, though the 2024 data includes a more comprehensive Scope 3 reporting. Further back, in 2021, Akbank reported Scope 1 emissions of approximately 18,187,000 kg CO2e and Scope 2 emissions of approximately 24,300,000 kg CO2e. Scope 3 emissions for 2021 were reported as approximately 10,169,000 kg CO2e. In 2020, Scope 1 emissions were approximately 10,298,000 kg CO2e and Scope 2 emissions were approximately 47,770,000 kg CO2e, with Scope 3 data not disclosed for that year. In 2019, total reported emissions were approximately 66,955,000 kg CO2e, consisting of approximately 13,449,000 kg CO2e for Scope 1 and approximately 53,505,000 kg CO2e for Scope 2. Akbank has set a significant climate commitment: by 2025, the bank aims to achieve zero operational emissions and become a Carbon Neutral Bank. This near-term target for all scopes underscores their dedication to environmental stewardship within the financial intermediation sector. The bank also tracks emission intensity per unit of revenue, which aids in understanding their carbon footprint relative to their business activities.