Albaraka Turk Katilim Bankasi AS

Common Name
Albaraka Turk Katilim Bankasi
Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
2,827
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 GHG Emissions Data Preview

In 2023, Albaraka Turk Katilim Bankasi 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).

Albaraka Turk Katilim Bankasi has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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b
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Albaraka Turk Katilim Bankasi’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. Explore Albaraka Turk Katilim Bankasi’s data sources below and access millions more through our Disclosure Search.

a. Albaraka Turk Katilim Bankasi's Integrated Report 2023
a. Albaraka Turk Katilim Bankasi's Integrated Report 2023
b. Albaraka Turk Katilim Bankasi's CDP Climate sourced from company’s website 2023
b. Albaraka Turk Katilim Bankasi's CDP Climate sourced from company’s website 2023

Insights into Albaraka Turk Katilim Bankasi's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Albaraka Turk Katilim Bankasi amounted to 10,045.04 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 2022, the total operational greenhouse gas (GHG) emissions of Albaraka Turk Katilim Bankasi increased by 0.66%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Albaraka Turk Katilim Bankasi's Scope 1 Emissions Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktCO2e+8%-19%+21%+7%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Albaraka Turk Katilim Bankasi's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Albaraka Turk Katilim Bankasi were 4,146.56 metric tons of CO₂ equivalent (tCO₂e). a

Has Albaraka Turk Katilim Bankasi reduced its Scope 1 emissions over time?

Since 2018, Albaraka Turk Katilim Bankasi's Scope 1 emissions have increased by 16.91%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Albaraka Turk Katilim Bankasi's Scope 1 emissions increased by 2.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Albaraka Turk Katilim Bankasi's Scope 2 emissions?

In 2023, Albaraka Turk Katilim Bankasi reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 5,898.48 tCO₂e using the location-based method. a

Has Albaraka Turk Katilim Bankasi reduced its Scope 2 emissions over time?

Since 2018, Albaraka Turk Katilim Bankasi's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.57%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Albaraka Turk Katilim Bankasi's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Albaraka Turk Katilim Bankasi 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Albaraka Turk Katilim Bankasi use for Scope 2 reporting?

In 2023, Albaraka Turk Katilim Bankasi reported its Scope 2 emissions using the market-based method and using the location-based method. a

Albaraka Turk Katilim Bankasi's Scope 2 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Albaraka Turk Katilim Bankasi's Value Chain Emissions

In 2023, Albaraka Turk Katilim Bankasi reported 2,306.7 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 2023 disclosure of Albaraka Turk Katilim Bankasi includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Albaraka Turk Katilim Bankasi's Scope 3 Emissions Over Time

20182019202020212022202307501.5 k2.25 k3 ktCO2e+24%-96%+23%-39%+2405%
  • Total Scope 3
  • Year-over-Year Change

What are Albaraka Turk Katilim Bankasi's Scope 3 emissions?

In 2023, Albaraka Turk Katilim Bankasi reported total Scope 3 emissions of 2,306.7 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Albaraka Turk Katilim Bankasi reduced its Scope 3 emissions over time?

Since 2018, Albaraka Turk Katilim Bankasi's Scope 3 emissions have remained relatively stable, indicating that Albaraka Turk Katilim Bankasi 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2022), Albaraka Turk Katilim Bankasi's Scope 3 emissions increased by 2,404.83%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Albaraka Turk Katilim Bankasi disclose?

In 2023, Albaraka Turk Katilim Bankasi reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Albaraka Turk Katilim Bankasi's Scope 3 emissions?

In 2023, the largest contributors to Albaraka Turk Katilim Bankasi's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 1,306.18 tCO₂e (56.63%)
  • Employee Commuting (Cat. 7): 765.28 tCO₂e (33.18%)
  • Business Travel (Cat. 6): 157.91 tCO₂e (6.85%)

Albaraka Turk Katilim Bankasi's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(56.6%)Business Travel(Cat. 6)(6.8%)Employee Commuting(Cat. 7)(33.2%)

Insights into Albaraka Turk Katilim Bankasi’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Albaraka Turk Katilim Bankasi reported Scope 1 greenhouse gas (GHG) emissions of 4,146.56 tCO₂e and total revenues of USD 576 millions. This translates into an emissions intensity of 7.2 tCO₂e per millions USD. a

Albaraka Turk Katilim Bankasi's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)1002002,0005,00020,000Revenues (Millions of USD)Akbank TASYear: 2024Scope 1: 11,210 tCO2eRevenue: $M 4,531Scope 1 Intensity: 2.47 tCO2e/$MTurkiye Halk BankasiYear: 2024Scope 1: 19,878 tCO2eRevenue: $M 2,191Scope 1 Intensity: 9.07 tCO2e/$MTurkiye Is BankasiYear: 2023Scope 1: 18,333 tCO2eRevenue: $M 7,935Scope 1 Intensity: 2.31 tCO2e/$MTurkiye Vakiflar BankasiYear: 2023Scope 1: 11,883 tCO2eRevenue: $M 4,003Scope 1 Intensity: 2.97 tCO2e/$MHaci Omer Sabanci HoldingYear: 2024Scope 1: 8,845,242 tCO2eRevenue: $M 11,720Scope 1 Intensity: 754.69 tCO2e/$MTSKBYear: 2023Scope 1: 343 tCO2eRevenue: $M 475Scope 1 Intensity: 0.72 tCO2e/$MTurkiye Garanti BankasiYear: 2024Scope 1: 16,820 tCO2eRevenue: $M 8,120Scope 1 Intensity: 2.07 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 304Scope 1 Intensity: 0.94 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MFEIBYear: 2023Scope 1: 307 tCO2eRevenue: $M 414Scope 1 Intensity: 0.74 tCO2e/$MLaan & Spar BankYear: 2023Scope 1: 48 tCO2eRevenue: $M 229Scope 1 Intensity: 0.21 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MBTNYear: 2023Scope 1: 7,282 tCO2eRevenue: $M 1,056Scope 1 Intensity: 6.90 tCO2e/$MMoneta Money BankYear: 2023Scope 1: 356 tCO2eRevenue: $M 546Scope 1 Intensity: 0.65 tCO2e/$MTMBThanachart BankYear: 2023Scope 1: 3,042 tCO2eRevenue: $M 2,053Scope 1 Intensity: 1.48 tCO2e/$MBanrisulYear: 2023Scope 1: 734 tCO2eRevenue: $M 1,670Scope 1 Intensity: 0.44 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MQnb BankYear: 2023Scope 1: 15,265 tCO2eRevenue: $M 2,531Scope 1 Intensity: 6.03 tCO2e/$MSparebank 1 OstlandetYear: 2024Scope 1: 14 tCO2eRevenue: $M 559Scope 1 Intensity: 0.02 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MAlbaraka Turk Katilim BankasiYear: 2023Scope 1: 4,147 tCO2eRevenue: $M 576Scope 1 Intensity: 7.20 tCO2e/$M

How does Albaraka Turk Katilim Bankasi's GHG emissions intensity compare to its peers?

In 2023, Albaraka Turk Katilim Bankasi reported a Scope 1 emissions intensity of 7.2 tCO₂e per millions USD. Compared to the peer group median of 1.26 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Albaraka Turk Katilim Bankasi rank on GHG emissions intensity within its industry?

In 2023, Albaraka Turk Katilim Bankasi ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Albaraka Turk Katilim Bankasi among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Albaraka Turk Katilim Bankasi's Total Carbon Footprint

In 2023, Albaraka Turk Katilim Bankasi reported a total carbon footprint of 12,351.74 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.65% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Albaraka Turk Katilim Bankasi's total carbon footprint was Scope 2 emissions, accounting for 47.75% of the company's total carbon footprint, followed by Scope 1 emissions at 33.57%. a

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