Borsa Istanbul A.S., commonly referred to as Borsa Istanbul, is Turkey's primary stock exchange, headquartered in Istanbul. Established in 1985, it has evolved into a pivotal player in the financial markets, facilitating trading in equities, derivatives, and fixed income securities. The exchange serves as a vital hub for investors, offering a diverse range of products and services that cater to both domestic and international markets. Borsa Istanbul stands out for its commitment to transparency and innovation, having implemented advanced trading technologies and regulatory frameworks. Over the years, it has achieved significant milestones, including the introduction of the Istanbul Stock Exchange Index (BIST) and various market indices that enhance investment opportunities. As a key player in the region, Borsa Istanbul continues to strengthen its market position, contributing to Turkey's economic growth and attracting global investors.
How does Borsa Istanbul A.S.'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.
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.
Borsa Istanbul A.S.'s score of 27 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Borsa Istanbul A.S. reported total carbon emissions of approximately 8,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,343,100 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 7,211,800 kg CO2e, all from purchased electricity. Additionally, the company recorded Scope 3 emissions of around 218,900 kg CO2e, which included business travel emissions of about 28,900 kg CO2e and employee commute emissions of approximately 190,000 kg CO2e. Comparatively, in 2021, Borsa Istanbul's total emissions were about 8,000,000 kg CO2e, with Scope 1 emissions at approximately 1,522,100 kg CO2e, Scope 2 emissions at around 6,444,600 kg CO2e, and Scope 3 emissions at about 182,500 kg CO2e. In 2020, the total emissions were similar, with approximately 8,000,000 kg CO2e, indicating a relatively stable emissions profile over these years. Despite these figures, Borsa Istanbul A.S. has not publicly committed to specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not yet have formalised a comprehensive strategy for emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 1,530,900 | 0,000,000 | 0,000,000 |
Scope 2 | 6,584,500 | 0,000,000 | 0,000,000 |
Scope 3 | 203,900 | 000,000 | 000,000 |
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.
Borsa Istanbul A.S. 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.