Escarus (TSKB Sustainability Consultancy)

What Escarus (TSKB Sustainability Consultancy) does

Escarus is a B2B sustainability consultancy headquartered in Istanbul and operating as the wholly-owned sustainability advisory subsidiary of TSKB (Türkiye Sınai Kalkınma Bankası), Turkey's industrial development bank. The firm employs approximately 30 people and serves enterprise clients, holding companies, and industry associations within Turkey across four service lines: Strategic Sustainability (strategy and roadmaps), Operational Sustainability (carbon footprint, energy/water/waste management), Research/Reporting/Training (ESG/CSRD/TCFD/GHG Protocol-aligned reporting), and Indexing & Evaluation (sustainability index and assessment work). Named engagements include CBAM and green transformation reporting for the Banks Association of Turkey (TBB), climate change reporting for ERTA, sustainable business guide co-development with SKD Türkiye, and ESG metrics training for Eren Holding.

The business model is human-delivered project-based and retainer consulting. No proprietary software platform, data product, or AI/ML capability is disclosed; the offering is advisory in nature and priced per engagement. Geographic scope is Turkey-only, with no disclosed international expansion. Revenue is not disclosed publicly, and the customer base beyond a handful of named logos (TBB, ERTA, SKD Türkiye, Eren Holding) is opaque, suggesting concentration among a small set of large mandates anchored by the parent TSKB relationship.

Escarus maintains a steady cadence of published research, indices, and training content and pursues media positioning (e.g., Bloomberg HT appearances), reinforcing its role as an established thought leader in the Turkish sustainability advisory market. The firm is positioned to benefit from regulatory tailwinds (CBAM, CSRD-style reporting, BIST Sustainability Index participation), but its scale and captive parent structure cap the speed at which it can independently scale.

Name

Escarus (TSKB Sustainability Consultancy)

Legal name

TSKB Sürdürülebilirlik Danışmanlığı A.Ş.

Website

https://escarus.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Escarus is an Istanbul-based B2B sustainability consultancy and wholly-owned subsidiary of TSKB, delivering strategic, operational, reporting, and indexing advisory services to Turkish enterprises, holding companies, and industry associations.

Ownership category

akta.pro rank

Product category

Sustainability and ESG Advisory

NAICS

Other Management Consulting Services (541618), Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416), Environmental Consulting Services (54162), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industries

ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ), Sustainability, ESG & Climate Risk Advisory (BPAHAJAH), ESG, Sustainability & Impact Research (BPAHALAL), ESG/Sustainable Investment Advisory (FSAEAAAJ), ESG Strategy & Materiality Assessment (EUAHAJAA), Stakeholder Engagement & ESG Governance (Policies, KPIs, incentives) (EUAHAJAJ)

Keywords

• Sustainability consulting
• ESG advisory
• Climate risk advisory
• Sustainability reporting
• Green finance consulting

Headquarters

HQ city

Istanbul

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Sustainability Advisory and Consulting Services: Escarus generates revenue by providing customized sustainability consulting services to corporate, financial, public, and NGO clients. Services span strategic sustainability planning, operational sustainability, ESG research and reporting, and sustainability indexing and evaluation. The firm operates on a project-based and retainer engagement model typical of professional services firms, with fees determined by project scope, complexity, and client size.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Escarus provides bespoke sustainability consulting services to corporate, financial, public-sector, and NGO clients in Turkey. Its core offerings are organized into four service lines: Strategic Sustainability (long-term sustainability strategy aligned with business goals), Operational Sustainability (improving environmental efficiency of business processes), Research, Reporting and Training (ESG research, reporting support, and capacity-building training), and Indexing and Evaluation (benchmarking against sustainability indices and standards). Each engagement is customized to the client's strategy and needs rather than based on standard templates.

Product overview

Escarus (TSKB Sürdürülebilirlik Danışmanlığı A.Ş.) is a sustainability consultancy providing integrated solutions across four core advisory service lines: Strategic Sustainability, Operational Sustainability, Research/Reporting/Training, and Indexing/Evaluation. These services are customized to each client's strategy and needs rather than following standard templates. The company also publishes thematic reports and analyses for the financial sector, real sector, public institutions, and NGOs, and maintains a regularly updated blog covering a broad range of sustainability topics including carbon pricing, climate justice, biodiversity, sustainable finance, ESG reporting, and circular economy.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Sustainability Consulting Long-term strategic sustainability advisory that aligns an organization's business strategy with environmental and social goals, designed to create sustainable competitive advantage and societal impact. Targeted at corporate, financial, and public-sector clients in Turkey.
• Operational Sustainability Consulting Advisory services focused on improving the environmental efficiency of an organization's business processes and operations, including resource consumption reduction, waste minimization, and emissions reductions across day-to-day activities. Targeted at Turkish real-sector companies.
• Research, Reporting and Training Sustainability research, ESG reporting support, and capacity-building training programs that enable organizations to develop reporting capabilities and build permanent internal sustainability competency. Includes commissioned sector reports and bespoke ESG training workshops for corporate groups.
• Indexing and Evaluation Assessment and benchmarking services that measure and track corporate sustainability performance against established indices, standards, and rating frameworks. Targeted at corporations and financial institutions that need to evaluate and monitor sustainability performance.
• Commissioned Reports and Sector Analyses Thematic reports and sector analyses on climate change, sustainability, sustainable finance, energy and resource efficiency, and sector-specific sustainability topics, commissioned by industry associations and institutions such as TBB, ERTA, and SKD Türkiye.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Eren HoldingminorImplementation/ SI/ Consulting Partner · 1 July 2026Escarus facilitated an ESG Metrics Workshop for Eren Holding subsidiaries including Eren Enerji, Eren Perakende, Tekstil, Medcem Madencilik, Modern Ambalaj, and Modern Karton. The workshop aimed to clarify the scope, measurement approach, and monitoring methods for ESG metrics across the holding group's diverse operations. This engagement exemplifies Escarus's workshop-based service delivery model for corporate ESG capacity building.
• TBB (Türkiye Bankalar Birliği)coreStrategic or Co-development Partner · 1 July 2024Escarus was commissioned by the Banks Association of Turkey (TBB) to prepare the 'Green Transformation and CBAM Evaluation Report' (Yeşil Dönüşüm ve SKDM Değerlendirme Raporu), published July 2024. Escarus also previously prepared the 'Sustainability in the Banking Sector: Sector Outlook Report' for TBB, published March 2022. These engagements position Escarus as a key analytical partner for the Turkish banking sector's sustainability agenda.
• ERTA (Entegre Raporlama Türkiye)coreStrategic or Co-development Partner · 1 March 2024Escarus prepared the 'Climate Change Reporting General Overview Report' (İklim Değişikliği Raporlaması Genel Görünüm Raporu) for ERTA (Entegre Raporlama Türkiye / Enterprise Transformation Association), published March 2024. The report was made available on ERTA's website, demonstrating Escarus's role as a key research and analytical contributor to Turkey's sustainability reporting landscape.
• SKD Türkiye (Sürdürülebilir Kalkınma Derneği Türkiye)coreStrategic or Co-development Partner · 1 January 2024Escarus prepared the 'Sustainable Business Guide' (Sürdürülebilir İş Rehberi) for SKD Türkiye (Turkish Sustainable Development Association), published January 2024. SKD Türkiye is the local chapter of the World Business Council for Sustainable Development (WBCSD), and this engagement underscores Escarus's role in developing sustainability guidance for the Turkish corporate sector.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Bureau Veritas Turkey: Global testing, inspection, and certification firm with sustainability assurance and ESG verification services in Turkey. Comparable to Escarus on the indexing and evaluation side as well as sustainability reporting assurance.
• Deloitte Turkey (Sustainability & Climate): Deloitte Turkey offers sustainability strategy, ESG reporting, and climate risk advisory services across multiple Turkish industries. Competes with Escarus for enterprise mandates, particularly with Turkish banks and holding groups, with a broader international sustainability network.
• KPMG Turkey (Sustainability Services): KPMG Turkey's sustainability/ESG advisory practice offers competitively overlapping services to Turkish corporates and banks, including ESG reporting, climate risk, and CBAM readiness. As a Big 4 incumbent it competes for the same enterprise clients as Escarus but with significantly deeper resources and a global brand.
• EY Turkey (Climate Change and Sustainability Services): EY Turkey's CCAAS (Climate Change and Sustainability Services) practice provides ESG advisory, sustainability reporting, and green transformation consulting across Turkish banks and corporates. Closest direct Big 4 overlap with Escarus's reporting and indexing services.
• PwC Turkey (Sustainability & Climate Change): PwC Turkey delivers sustainability strategy, ESG reporting, and climate change advisory services to Turkish financial and real-sector clients. Directly comparable to Escarus on scope, with the addition of PwC's international methodology and broader service portfolio.
• SGS Turkey: SGS Turkey provides sustainability assurance, ESG verification, and certification services across Turkish industries. Comparable to Escarus specifically on the indexing/evaluation and reporting assurance service lines.
• ERM (Environmental Resources Management): Global sustainability consultancy with established presence in Turkey and emerging markets. Provides ESG advisory, climate risk, and sustainability reporting services to corporate clients, directly competing with Escarus for Turkish real-sector transformation engagements.
• TÜV SÜD Turkey: TÜV SÜD Turkey offers sustainability certification, ESG advisory, and training services for Turkish corporates. Overlaps with Escarus on ESG training, reporting, and benchmarking/indexing services, with a stronger international brand.

Emerging players

• South Pole: Global climate advisory and carbon credit firm with strong emerging-market presence. Comparable to Escarus on carbon pricing advisory, climate strategy, and ESG-related services, though typically larger in scale and with international clients.
• Anthesis Group: Global sustainability consultancy providing ESG strategy, climate advisory, and reporting services. Anthesis is a comparable pure-play sustainability advisory peer to Escarus, though typically larger and with broader geographic reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/escarus

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Escarus (TSKB Sustainability Consultancy)