In 2024, Turkiye Halk 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).
Turkiye Halk 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 19,878.45a | 16,690.2a | 17,023.47a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 36,117.65a | 32,683.34a | 30,060.19a | |
Total Scope 3 | 18,700.06a | 14,601.3a | 21,520.53a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 9.0722a | 7.9782a | 4.0171a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Turkiye Halk Bankasi amounted to 55,996.1 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 Turkiye Halk Bankasi increased by 13.41%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Turkiye Halk Bankasi were 19,878.45 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Turkiye Halk Bankasi's Scope 1 emissions have increased by 25.85%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Turkiye Halk Bankasi's Scope 1 emissions increased by 19.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Turkiye Halk Bankasi reported Scope 2 greenhouse gas (GHG) emissions of 36,117.65 tCO₂e without specifying the calculation method.a
Since 2021, Turkiye Halk Bankasi's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 15%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Turkiye Halk Bankasi's Scope 2 emissions (Unspecified Calculation Method) rose by 10.51% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Turkiye Halk Bankasi reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Turkiye Halk Bankasi reported 18,700.06 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 Turkiye Halk Bankasi includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Turkiye Halk Bankasi reported total Scope 3 emissions of 18,700.06 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
Since 2021, Turkiye Halk Bankasi's Scope 3 emissions have decreased by 27.41%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Turkiye Halk Bankasi's Scope 3 emissions increased by 28.07%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Turkiye Halk 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.
In 2024, the largest contributors to Turkiye Halk Bankasi's Scope 3 emissions were:a
In 2024, Turkiye Halk Bankasi reported Scope 1 greenhouse gas (GHG) emissions of 19,878.45 tCO₂e and total revenues of USD 2,191 millions. This translates into an emissions intensity of 9.07 tCO₂e per millions USD.a
In 2024, Turkiye Halk Bankasi reported a Scope 1 emissions intensity of 9.07 tCO₂e per millions USD. Compared to the peer group median of 1.87, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Turkiye Halk Bankasi ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Turkiye Halk Bankasi among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Turkiye Halk Bankasi reported a total carbon footprint of 74,696.16 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Turkiye Halk Bankasi's total carbon footprint was Scope 2 emissions, accounting for 48.35% of the company's total carbon footprint, followed by Scope 1 emissions at 26.61%.a