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Akbank TAS

Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
13,146
Ticker
AKBNK.E
Exchange
Borsa İstanbul
Description
Akbank T.A.Ş. is a Turkey-based commercial bank that provides comprehensive financial services to retail, corporate, and institutional clients across Turkey and internationally. The bank operates thro...

Akbank TAS's GHG Emissions Data Preview

In 2024, Akbank TAS completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Akbank TAS has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
11,210a
11,932a
12,485a
Total Scope 2
Unspecified Calculation Method
0a
0a
15,415a
Total Scope 3
11,100a
9,971a
11,195a
Total Scope 1 Revenue Intensity (tCO2e/$M)
2.4739a
2.3436a
2.0898a
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Verified Sources Behind Akbank TAS’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Akbank TAS's ESG Data Spreadsheet 2024

Insights into Akbank TAS's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Akbank TAS amounted to 11,210 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Akbank TAS decreased by 6.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Akbank TAS's Scope 1 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e-23%+8%+12%-4%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Akbank TAS's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Akbank TAS were 11,210 metric tons of CO₂ equivalent (tCO₂e).a

Has Akbank TAS reduced its Scope 1 emissions over time?

Since 2019, Akbank TAS's Scope 1 emissions have decreased by 16.6%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Akbank TAS's Scope 1 emissions decreased by 6.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Akbank TAS's Scope 2 emissions?

In 2024, Akbank TAS reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method.a

Has Akbank TAS reduced its Scope 2 emissions over time?

Since 2019, Akbank TAS's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.a

What methodology does Akbank TAS use for Scope 2 reporting?

In 2024, Akbank TAS reported its Scope 2 emissions using an unspecified methodology.a

Akbank TAS's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Akbank TAS's Value Chain Emissions

In 2024, Akbank TAS reported 11,100 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Akbank TAS includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Akbank TAS's Scope 3 Emissions Over Time

20192020202120222023202403 k6 k9 k12 ktCO2eNaN%+Infinity%+10%-11%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Akbank TAS's Scope 3 emissions?

In 2024, Akbank TAS reported total Scope 3 emissions of 11,100 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Akbank TAS's Scope 3 emissions increased by 11.32%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into Akbank TAS’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Akbank TAS reported Scope 1 greenhouse gas (GHG) emissions of 11,210 tCO₂e and total revenues of USD 4,531 millions. This translates into an emissions intensity of 2.47 tCO₂e per millions USD.a

Akbank TAS's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1005002,00010,00020,000Revenues (Millions of USD)BNIYear: 2024Scope 1: 17,362 tCO2eRevenue: $M 3,657Scope 1 Intensity: 4.75 tCO2e/$MGrupo Financiero GaliciaYear: 2024Scope 1: 2,940 tCO2eRevenue: $M 7,300Scope 1 Intensity: 0.40 tCO2e/$MPiraeus Financial HoldingsYear: 2024Scope 1: 10,449 tCO2eRevenue: $M 2,868Scope 1 Intensity: 3.64 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MBangkok BankYear: 2024Scope 1: 12,008 tCO2eRevenue: $M 5,475Scope 1 Intensity: 2.19 tCO2e/$MSage GroupYear: 2024Scope 1: 1,399 tCO2eRevenue: $M 3,121Scope 1 Intensity: 0.45 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MChongqing Rural Commercial BankYear: 2024Scope 1: 791 tCO2eRevenue: $M 3,794Scope 1 Intensity: 0.21 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MIndustrial Bank of KoreaYear: 2023Scope 1: 6,242 tCO2eRevenue: $M 7,767Scope 1 Intensity: 0.80 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MAlbaraka Turk Katilim BankasiYear: 2023Scope 1: 4,147 tCO2eRevenue: $M 624Scope 1 Intensity: 6.65 tCO2e/$MTSKBYear: 2024Scope 1: 628 tCO2eRevenue: $M 482Scope 1 Intensity: 1.30 tCO2e/$MTurkiye Garanti BankasiYear: 2024Scope 1: 16,820 tCO2eRevenue: $M 8,120Scope 1 Intensity: 2.07 tCO2e/$MTurkiye Is BankasiYear: 2024Scope 1: 20,040 tCO2eRevenue: $M 7,936Scope 1 Intensity: 2.53 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MHaci Omer Sabanci HoldingYear: 2024Scope 1: 8,845,242 tCO2eRevenue: $M 11,720Scope 1 Intensity: 754.69 tCO2e/$MTurkiye Halk BankasiYear: 2024Scope 1: 19,878 tCO2eRevenue: $M 2,191Scope 1 Intensity: 9.07 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$MTurkiye Vakiflar BankasiYear: 2024Scope 1: 12,977 tCO2eRevenue: $M 4,501Scope 1 Intensity: 2.88 tCO2e/$MAkbank TASYear: 2024Scope 1: 11,210 tCO2eRevenue: $M 4,531Scope 1 Intensity: 2.47 tCO2e/$M

How does Akbank TAS's GHG emissions intensity compare to its peers?

In 2024, Akbank TAS reported a Scope 1 emissions intensity of 2.47 tCO₂e per millions USD. Compared to the peer group median of 1.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Akbank TAS rank on GHG emissions intensity within its industry?

In 2024, Akbank TAS ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Akbank TAS is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Akbank TAS's Total Carbon Footprint

In 2024, Akbank TAS reported a total carbon footprint of 22,310 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Akbank TAS's total carbon footprint was Scope 1 emissions, accounting for 50.25% of the company's total carbon footprint, followed by Scope 3 emissions at 49.75%.a

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