Halkbank Turkiye Halk Bankasi
Halkbank, officially known as Türkiye Halk Bankası A.Ş., is a prominent financial institution headquartered in Turkey. Established in 1933, the bank has played a pivotal role in the Turkish banking sector, focusing on retail, corporate, and investment banking services. With a strong presence across major operational regions in Turkey, Halkbank has built a reputation for supporting small and medium-sized enterprises (SMEs) and fostering economic growth. The bank offers a diverse range of products, including personal loans, business financing, and various investment services, distinguished by competitive interest rates and tailored solutions. Halkbank's commitment to customer satisfaction and financial inclusion has solidified its position as a leading player in the Turkish banking industry, marked by significant milestones in digital banking and sustainable finance initiatives.
DitchCarbon Score
How does Halkbank Turkiye Halk Bankasi'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
Halkbank Turkiye Halk Bankasi's score of 48 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Halkbank Turkiye Halk Bankasi's reported carbon emissions
In 2023, Türkiye Halk Bankası (Halkbank) reported total carbon emissions of approximately 63,974,850 kg CO2e. This figure includes 16,690,200 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 32,683,340 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the bank's Scope 3 emissions, which encompass all other indirect emissions, amounted to 14,601,300 kg CO2e. Comparatively, in 2022, Halkbank's total emissions were about 68,604,190 kg CO2e, indicating a reduction of approximately 4,629,340 kg CO2e year-on-year. This trend of decreasing emissions is part of Halkbank's commitment to sustainability and climate action. Halkbank has set long-term net-zero targets, aiming for significant reductions across all scopes of emissions by 2050. The bank's portfolio targets cover 13% of its total investment and lending, with required activities making up 16% of its total balance sheet assets as of 2021. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global goal of limiting temperature rise to 1.5°C. Overall, Türkiye Halk Bankası is actively working towards reducing its carbon footprint and enhancing its sustainability practices, reflecting a growing commitment to environmental responsibility within the financial sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,247,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 29,812,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 24,678,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Halkbank Turkiye Halk Bankasi 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.
