Sabanci Holding
Sabancı Holding, a prominent Turkish conglomerate, is headquartered in Istanbul, Turkey (TR). Founded in 1925, the company has established a strong presence across various sectors, including financial services, industrials, retail, and energy. With a commitment to innovation and sustainability, Sabancı Holding has achieved significant milestones, positioning itself as a leader in the Turkish market. The company’s diverse portfolio includes well-known brands and services, such as banking through Akbank, cement production via Sabancı Cement, and retail operations under the popular Bim chain. Sabancı Holding is recognised for its strategic investments and partnerships, which enhance its competitive edge and market share. With a focus on quality and customer satisfaction, Sabancı Holding continues to drive growth and contribute to the Turkish economy.
DitchCarbon Score
How does Sabanci 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 Services Auxiliary to 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
Sabanci Holding's score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sabanci Holding's reported carbon emissions
In 2023, Sabancı Holding reported total carbon emissions of approximately 2,995,000 kg CO2e, which includes 495,000 kg CO2e from Scope 1, 1,000,000 kg CO2e from Scope 2, and 1,500,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2022, where total emissions were about 21,300,000 kg CO2e, with Scope 1 emissions at 9,585,000 kg CO2e, Scope 2 at 852,000 kg CO2e, and Scope 3 at 10,863,000 kg CO2e. Sabancı Holding has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by at least 15% by 2025, compared to a 2021 baseline, without relying on carbon offsets. Additionally, the company has a long-term goal of achieving net-zero emissions across all operations by 2050. This commitment is part of a broader strategy to enhance sustainability and reduce environmental impact. The company is also targeting a 42% reduction in Scope 1 and 2 emissions by 2030, as proposed by the Science-Based Targets initiative (SBTi). These initiatives reflect Sabancı Holding's dedication to addressing climate change and promoting sustainable practices within its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,379,026,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 |
| Scope 2 | 825,188,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | 256,617,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000 |
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.
Sabanci Holding 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.
