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Turkiye Vakiflar Bankasi TAO

Common Name
Turkiye Vakiflar Bankasi
Country
Turkey
Sector
Financial Services
Industry
Banks - Regional
Employees
19,073
Ticker
VAKBN.E
Exchange
Borsa İstanbul
Description
Türkiye Vakıflar Bankası T.A.O., commonly known as VakıfBank, is a leading financial institution in Turkey. Established in 1954, it plays a crucial role in Turkey's banking sector by offering a compre...

Turkiye Vakiflar Bankasi's Energy Data Preview

In 2025, Turkiye Vakiflar Bankasi disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Turkiye Vakiflar Bankasi disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022-2019
Total Energy Consumption
460,037b
448,523b
430,563b
Non-Renewable Energy Consumption
186,380a
184,386a
170,285a
Renewable Energy Consumption
273,657a
264,137a
260,278a
Renewable Energy Production
0a
0a
0a
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Verified Sources Behind Turkiye Vakiflar Bankasi’s Energy Management 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. Turkiye Vakiflar Bankasi's ESG Data Spreadsheet 2025
b. Turkiye Vakiflar Bankasi's Integrated Report 2025

Insights into Turkiye Vakiflar Bankasi's Energy Renewability

In 2025, Turkiye Vakiflar Bankasi consumed a total of 460,037 Gigajoules of energy across its operations. Of this total, 59.49% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 40.51% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.ab

Turkiye Vakiflar Bankasi's Energy Renewability Rate

59%

How much of Turkiye Vakiflar Bankasi's energy consumed is renewable?

In 2025, Turkiye Vakiflar Bankasi consumed a total of 460,037 Gigajoules of energy, of which 59.49% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.ab

This moderate level of renewable energy adoption indicates that Turkiye Vakiflar Bankasi is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Turkiye Vakiflar Bankasi's energy practices becoming more sustainable?

Since 2023, Turkiye Vakiflar Bankasi's total energy consumption increased by 6.85%, including a 2.57% increase in 2025, reflecting a sustained rise in overall energy demand.b

Over the same period, the share of renewable energy decreased by 1.6%, yet improved by 1.01% in 2025, suggesting a rebound in renewable sourcing.ab

Overall, Turkiye Vakiflar Bankasi’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Turkiye Vakiflar Bankasi's Renewable vs Non-renewable Energy Over Time

301.02 k101.02 k98.98 k301.02 kGigajoules (GJ)20252024202359%59%60%41%41%40%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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