Yapi Kredi
Yapı Kredi, officially known as Yapı ve Kredi Bankası A.Ş., is a prominent financial institution headquartered in Istanbul, Turkey. Established in 1944, it has grown to become a key player in the Turkish banking sector, offering a wide range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major operational regions in Turkey, Yapı Kredi is recognised for its innovative digital banking services and customer-centric approach. The bank's core products, such as personal loans, credit cards, and investment services, are designed to meet diverse customer needs, setting it apart in a competitive market. Yapı Kredi has achieved notable milestones, including being one of the first banks in Turkey to introduce internet banking, solidifying its position as a leader in financial technology. Its commitment to excellence has earned it numerous awards, reflecting its status as a trusted financial partner in the region.
DitchCarbon Score
How does Yapi Kredi'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
Yapi Kredi's score of 40 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yapi Kredi's reported carbon emissions
In 2023, Yapi Kredi reported total carbon emissions of approximately 61,000,000 kg CO2e, comprising 18,415,000 kg CO2e from Scope 1, 35,598,000 kg CO2e from Scope 2, and 12,560,000 kg CO2e from Scope 3 emissions, which include business travel, employee commuting, purchased goods and services, and waste generated in operations. Comparatively, in 2022, the bank's emissions were about 54,000,000 kg CO2e, with Scope 1 emissions at 14,555,000 kg CO2e, Scope 2 at 35,862,000 kg CO2e, and Scope 3 at 4,000,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Yapi Kredi has committed to near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. Their targets cover approximately 29% of total investment and lending by total assets as of 2021. However, the bank has not yet committed to a net-zero target. Overall, Yapi Kredi's emissions data reflects their ongoing efforts to monitor and manage their carbon footprint while setting ambitious targets for future reductions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 14,665,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 46,218,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 13,666,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
Yapi Kredi is participating in some 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.
