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 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
Akbank's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Akbank's reported carbon emissions
In 2024, Akbank reported total carbon emissions of approximately 47,000,000 kg CO2e, with significant contributions from Scope 1 and Scope 3 emissions. Specifically, Scope 1 emissions were about 11,210,000 kg CO2e, while Scope 3 emissions totalled approximately 11,100,000 kg CO2e, including investments contributing 216,200 kg CO2e. Notably, there were no reported Scope 2 emissions for this year. For 2023, Akbank's emissions in Turkey included approximately 11,210,000 kg CO2e from Scope 1, 43,556,000 kg CO2e from Scope 2 (location-based), and a total of about 7,000,000 kg CO2e from various Scope 3 categories, such as business travel and employee commuting. Despite the substantial emissions figures, Akbank has not set specific reduction targets or initiatives as part of their climate commitments. The data is sourced directly from Akbank T.A.S. and does not cascade from any parent organisation. The bank's commitment to addressing climate change remains a focus, although specific reduction strategies have not been disclosed.
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| 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 10,298,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,770,000 | 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 not participating in any of the initiatives that 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.
