Akbank

Sustainability Report and Carbon Intensity Rankings

Is Akbank doing their part?

Their DitchCarbon score is 61

Akbank has a DitchCarbon Score of 61 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Akbank operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Akbank is situated in Turkey, a region with a very low carbon intensity rating, indicating a smaller carbon footprint for energy use. This favorable environmental condition supports Akbank’s sustainability efforts by reducing the overall impact of its operations on climate change.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

10.17%

...this company is doing 10.17% better in emissions than the industry average.

Akbank, located in Turkey, is a prominent player in the finance sector, founded in 1948 in Adana. The company has evolved from funding local cotton producers to offering a diverse array of services including consumer, commercial, SME, corporate, and private banking, as well as foreign trade financing. With a significant presence both domestically and internationally, Akbank operates through subsidiaries in Germany, the Netherlands, Dubai, and a branch in Malta.

emission intelligence's platform recommendations for Akbank

Akbank should set clear, science-based targets for reducing their Scope 3 emissions, report on their progress transparently, and promote environmental sustainability throughout their supply chain, which could potentially lower their emissions by 35%.

Bad news, Akbank has not set SBTi commitments yet

Akbank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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