Akbank TAS
Industry Group: Banks
Country/Region: Turkey
Identifier: IST:AKBNK.E
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 126 out of 1022
Universe
Global Universe 1663 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nedbank Group Ltd. |
14.4
Low
|
115 out of 1022 |
Akbank TAS |
14.8
Low
|
126 out of 1022 |
Banco Comercial Português SA |
24.5
Medium
|
428 out of 1022 |
Absa Group Ltd. |
25.4
Medium
|
479 out of 1022 |
Boubyan Bank KSC |
30.8
High
|
842 out of 1022 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Akbank TAS's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Akbank TAS's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Akbank TAS
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Akbank TAS's ESG Risk Rating in the last three years
Highest Controversy Level