Koc Holding Sustainability Profile
Koç Holding, a leading Turkish conglomerate, is headquartered in Istanbul, Turkey (TR). Founded in 1926, the company has established a strong presence across various sectors, including automotive, consumer durables, energy, finance, and retail. With a commitment to innovation and sustainability, Koç Holding has achieved significant milestones, positioning itself as a key player in the Turkish economy. The company’s diverse portfolio includes renowned brands such as Ford Otosan, Arçelik, and Tüpraş, each known for their quality and technological advancements. Koç Holding's unique approach to business, emphasising corporate social responsibility and strategic partnerships, has earned it a prominent market position. As a testament to its success, the company consistently ranks among the top in Turkey and is recognised for its contributions to the global market.
DitchCarbon Score
How does Koc Holding'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 Business Services 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
Koc Holding's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Koc Holding's reported carbon emissions
In 2024, Koç Holding reported total greenhouse gas emissions of approximately 6,293,508,000 kg CO2e for Scope 1 and about 183,140,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of approximately 6,476,648,000 kg CO2e. In 2023, the company’s emissions were approximately 6,625,491,000 kg CO2e for Scope 1, 109,877,000 kg CO2e for Scope 2, and a significant 219,729,882,000 kg CO2e for Scope 3, indicating a comprehensive approach to emissions reporting across all scopes. Koç Holding has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 27% by 2030 and by 49% by 2040, using a 2017 baseline of 7.8 million tonnes CO2e. The ultimate goal is to achieve carbon neutrality by 2050. Additionally, the company has committed to the Science Based Targets Initiative (SBTi) to become a Net Zero Company by 2050, further solidifying its dedication to climate action. The emissions data reflects a proactive stance in addressing climate change, with a clear trajectory towards significant reductions in greenhouse gas emissions.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 7,572,664,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | - |
How Carbon Intensive is Koc Holding's Industry?
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Koc Holding's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Koc Holding has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
