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Albaraka Türk

Sustainability Report and Carbon Intensity Rankings

Is Albaraka Türk doing their part?

Their DitchCarbon score is 30

Albaraka Türk has a DitchCarbon Score of 30 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the company has a relatively high carbon intensity compared to more sustainable peers. To improve its ranking, Albaraka Türk may need to implement more effective strategies to reduce its carbon footprint and enhance its environmental impact.

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

Albaraka Türk is a company in the finance sector, which has a very low carbon intensity ranking. 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

Albaraka Türk operates in Turkey, a region with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
20.83%

...this company is doing 20.83% worse in emissions than the industry average.

Albaraka Türk, founded in 1984 and headquartered in Ümraniye, operates within the finance sector in Turkey. As a pioneer of interest-free financial services, the company offers a profit and loss sharing system as an alternative to conventional banking since 1985. With a global network of correspondent banks, Albaraka Türk serves clients worldwide, enhancing foreign trade with speed, quality, and security.

Bad news, Albaraka Türk hasn't committed to SBTi goals yet

Albaraka Türk has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based targets to reduce greenhouse gas emissions and align with global climate action.

There’s always room for improvement,

DitchCarbon recommends...

Repak should consider implementing fuel switching strategies in their transportation and operations to capitalize on the potential 15% reduction in Scope 1 emissions.
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✓ Company emission source URLs

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Our methodology

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