Akbank TAS

Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
13,591
Ticker
AKBNK.E
Exchange
BORSA ISTANBUL
Description
Akbank T.A.Ş. is a prominent financial institution that serves as one of Turkey's leading banks. Established in 1948, Akbank T.A.Ş. is headquartered in Istanbul and has built a substantial presence in...

Akbank TAS's Climate Target Data Preview

As of 2024, Akbank TAS has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 5 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Akbank TAS ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Akbank TAS's Greenhouse Gas Emissions Pathways

As of 2024, Akbank TAS has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Akbank TAS have a target to reduce the emissions from its operations?

As of 2024, Akbank TAS has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Akbank TAS's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 66,955 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Akbank TAS is ahead of schedule on its operational emissions reduction target, having achieved 92.51% of the planned reduction.

Akbank TAS's Operational (Scope 1+2) Emissions Pathway

201920242030020 k40 k60 k80 kBaselineCurrent (-83%)

Does Akbank TAS have a target to reduce the emissions from its value chain?

As of 2024, Akbank TAS has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Akbank TAS's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2021.

Instead of reducing value chain emissions, Akbank TAS has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Akbank TAS's Value Chain (Scope 3) Emissions Pathway

20212023203000000Current (+-0%)Target 2030 (-60%)
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