Potential offtaker

Akbank T.A.S.

www.akbank.com.tr

Estimated electricity consumption

N/A

Countries of production presence

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AKBANK T.A.S. is a leading Turkish bank that operates in the banking sector. The bank was founded in 1948 and has since grown to become one of the largest financial institutions in Turkey. AKBANK T.A.S. offers a wide range of financial products and services to its customers, including retail banking, commercial banking, investment banking, and asset management.

The bank has been actively involved in decarbonisation efforts and has taken steps to reduce its carbon footprint. AKBANK T.A.S. has implemented several initiatives to reduce its energy consumption and promote renewable energy. The bank has also signed a corporate power purchase agreement (PPA) to source renewable energy for its operations.

Corporate energy is a critical aspect of AKBANK T.A.S.'s sustainability strategy. The bank has implemented several measures to reduce its energy consumption and promote energy efficiency. AKBANK T.A.S. has installed energy-efficient lighting systems, HVAC systems, and other energy-efficient equipment in its branches and offices. The bank has also implemented a paperless policy to reduce its paper consumption and promote digitalisation.

AKBANK T.A.S. has also taken steps to promote renewable energy. The bank has installed solar panels on the rooftops of its branches and offices to generate clean energy. The bank has also signed a corporate PPA to source renewable energy for its operations. The PPA allows AKBANK T.A.S. to purchase renewable energy from a third-party provider at a fixed price for a specified period. By sourcing renewable energy through a PPA, AKBANK T.A.S. is supporting the development of renewable energy projects and reducing its carbon footprint.

AKBANK T.A.S. has also implemented several initiatives to promote sustainable transportation. The bank has introduced electric vehicles (EVs) in its fleet and has installed EV charging stations in its branches and offices. The bank has also encouraged its employees to use public transportation, carpooling, and cycling to reduce their carbon footprint.

AKBANK T.A.S. has also taken steps to promote sustainable finance. The bank has developed a green finance programme to support sustainable projects and initiatives. The programme provides financing for renewable energy projects, energy efficiency projects, and other sustainable initiatives. AKBANK T.A.S. has also developed a sustainability-linked loan programme that incentivises borrowers to achieve sustainability targets.

AKBANK T.A.S. has received several awards and recognition for its sustainability efforts. The bank has been included in the Dow Jones Sustainability Index (DJSI) for several years in a row. The DJSI is a global benchmark that evaluates the sustainability performance of companies. AKBANK T.A.S. has also received the Green Office Award from the World Wildlife Fund (WWF) for its efforts to reduce its environmental impact.

In conclusion, AKBANK T.A.S. is a leading Turkish bank that has taken significant steps to reduce its carbon footprint and promote sustainability. The bank has implemented several initiatives to reduce its energy consumption, promote renewable energy, and support sustainable finance. AKBANK T.A.S. has also received several awards and recognition for its sustainability efforts, demonstrating its commitment to sustainability and responsible business practices.

✓ Declared Net Zero commitment