- Increased credit risk due to emerging climate regulations (e.g., CBAM).
- Potential impact of climate change on customers' repayment capacity in carbon-intensive sectors.
- Supply chain disruptions due to climate events.
QNB FİNANSBANK A.Ş.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, QNB FİNANSBANK A.Ş. disclosed greenhouse gas emissions of 14.8K tCO2e (Scope 1) + 23285 tCO2e (Scope 2 location-based) + other Scope 3 emissions. By scope: Scope 1: 14.8K tCO2e/year; Scope 2: 0 tCO2e/year (market-based); Scope 3: 637.4K tCO2e/year (estimated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
14.8K tCO2e (Scope 1) + 23285 tCO2e (Scope 2 location-based) + other Scope 3 emissions
2022
Renewable Energy
100% (electricity)
of total energy
Water Usage
124.8K m3/year
2022
Energy Use
104.8K MWh/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 14.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 637.4K tCO2e/year (estimated) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 14.8K tCO2e (Scope 1) + 23285 tCO2e (Scope 2 location-based) + other Scope 3 emissions |
| 2021 | 37.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total Scope 1 & 2 emissions by approximately 67% since 2017.
- Sourced 100% of electricity consumption from renewable sources in 2022.
- Obtained ISO 14001 and Zero Waste Certificate for 3 headquarters buildings in 2022.
- Reduced copy paper use by 12%, resulting in approximately 266,005 tonnes of CO2eq emission reduction.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the percentage of sustainable finance products and services.
📅 Medium-term
- Set science-based targets.
- Finalize a transition plan aligned with a 1.5°C world.
🔭 Long-term
- Achieve net-zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeWater SecurityForest SecurityBiodiversitySocial Responsibility