Tekfen Holding
Tekfen Holding A.Ş., headquartered in Turkey, is a prominent player in the construction, agriculture, and engineering sectors. Founded in 1956, the company has established a strong presence in various regions, including the Middle East, North Africa, and Europe. With a diverse portfolio, Tekfen excels in construction and project management, agricultural production, and industrial investments. Their commitment to innovation and sustainability sets them apart, particularly in large-scale infrastructure projects and modern agricultural practices. Recognised for its robust market position, Tekfen Holding has achieved numerous milestones, including significant contributions to Turkey's development and international projects. The company continues to uphold its reputation for quality and reliability, making it a leader in its industry.
DitchCarbon Score
How does Tekfen Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tekfen Holding's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tekfen Holding's reported carbon emissions
In 2023, Tekfen Holding reported total carbon emissions of approximately 800,229,260 kg CO2e for Scope 1 and about 825,738,910 kg CO2e for Scope 3. This marks a continuation of their emissions reporting, with previous years showing significant figures: in 2022, Scope 1 emissions were about 800,229,000 kg CO2e, while Scope 3 emissions reached approximately 4,057,451,000 kg CO2e. In 2021, the company reported Scope 1 emissions of about 1,112,048,000 kg CO2e and Scope 3 emissions of approximately 4,656,128,000 kg CO2e. Tekfen Holding has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is self-reported and does not cascade from any parent organisation. Overall, Tekfen Holding's emissions profile reflects a substantial carbon footprint, particularly in Scope 3 emissions, which are often the largest component for companies in their sector. The absence of formal reduction targets indicates a potential area for future commitment to climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 796,410,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 39,888,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 148,685,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tekfen Holding is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
