Albaraka Turk Katilim Bankasi AS

Common Name
Albaraka Turk Katilim Bankasi
Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
2,826
Ticker
ALBRK.E
Exchange
BORSA ISTANBUL
Description
Albaraka Turk Katilim Bankasi A.S. is a prominent financial institution in Turkey known for its participation banking model. As a participation bank, it operates in compliance with Islamic banking pri...

Albaraka Turk Katilim Bankasi's Climate Target Data Preview

As of 2024, Albaraka Turk Katilim Bankasi has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, 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 Albaraka Turk Katilim Bankasi ’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)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE)
Copy restricted. Please purchase to unlock this data.
2030

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 Albaraka Turk Katilim Bankasi's Greenhouse Gas Emissions Pathways

As of 2024, Albaraka Turk Katilim Bankasi has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Albaraka Turk Katilim Bankasi have a target to reduce the emissions from its operations?

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

Albaraka Turk Katilim Bankasi's most ambitious operational target is to reduce these emissions by 50.4% by 2030, compared to a baseline of 11,164.8 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Albaraka Turk Katilim Bankasi is lagging behind on its operational emissions reduction target, having achieved 19.88% of the planned reduction.

Albaraka Turk Katilim Bankasi's Operational (Scope 1+2) Emissions Pathway

20182023203003 k6 k9 k12 kCurrent (-10%)Target 2030 (-50%)
Want Full Access to Albaraka Turk Katilim Bankasi's Climate Targets Dataset?
Sign Up