Akbank
Akbank T.A.Ş., commonly known as Akbank, is a leading financial institution headquartered in Istanbul, Turkey. Established in 1948, the bank has grown to become a prominent player in the Turkish banking sector, with a strong presence across major operational regions in Turkey and international markets. Specialising in retail, corporate, and investment banking, Akbank offers a diverse range of products and services, including loans, credit cards, and digital banking solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive landscape. Recognised for its robust financial performance, Akbank has achieved significant milestones, including numerous awards for excellence in banking services. With a strong market position, it continues to play a vital role in Turkey's economic development and financial stability.
DitchCarbon Score
How does Akbank'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 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
Akbank's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Akbank's reported carbon emissions
In 2023, Akbank reported total carbon emissions of approximately 11,994,000 kg CO2e, comprising 11,932,000 kg CO2e from Scope 1 and 11,794,000 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were recorded at about 21,794,000 kg CO2e, with significant contributions from purchased goods and services. Over the years, Akbank has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were approximately 528,191,510 kg CO2e, with Scope 1 and 2 emissions at 66,946,000 kg CO2e each. This indicates a notable reduction in emissions from 2022 to 2023, particularly in Scope 1 and 2 categories. Despite these reductions, Akbank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's ongoing efforts to manage and mitigate its carbon emissions reflect a growing awareness of climate impact within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 58,069,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 58,069,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Akbank 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.
