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Turkiye Garanti Bankasi AS

Common Name
Turkiye Garanti Bankasi
Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
23,376
Ticker
GARAN.E
Exchange
Borsa İstanbul
Description
Türkiye Garanti Bankası A.Ş. is a leading commercial bank operating in Turkey. It provides a comprehensive range of banking services, including retail banking for individual customers, corporate and c...

Turkiye Garanti Bankasi's Climate Target Data Preview

As of 2025, Turkiye Garanti Bankasi has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based 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 Turkiye Garanti Bankasi's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
-71%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilometer (km)
-40%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities
-20%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Material (Unlisted) from Unspecified Activities
-13%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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a. Turkiye Garanti Bankasi's Sustainability Report 2025

Insights into Turkiye Garanti Bankasi's Greenhouse Gas Emissions Pathways

As of 2025, Turkiye Garanti Bankasi has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.a

Does Turkiye Garanti Bankasi have a target to reduce the emissions from its value chain?

As of 2025, Turkiye Garanti Bankasi 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.a

Turkiye Garanti Bankasi's most ambitious value chain target is to reduce these emissions by 71% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities in 2022.a

As of 2025, Turkiye Garanti Bankasi is lagging behind on its value chain emissions reduction target, having achieved 2.66% of the planned reduction.a

Turkiye Garanti Bankasi's Value Chain (Scope 3) Emissions Pathway

20222025203000000Current (-2%)Target 2030 (-71%)
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