Freedom Holding Corp, commonly referred to as Freedom Holding, is a prominent financial services company headquartered in Kazakhstan (KZ). Established in 2008, the firm has rapidly expanded its operations across key regions, including Central Asia, Eastern Europe, and the United States. Specialising in brokerage services, investment banking, and asset management, Freedom Holding distinguishes itself through its innovative technology and customer-centric approach. With a commitment to providing comprehensive financial solutions, the company has achieved significant milestones, including its listing on the NASDAQ in 2020. Freedom Holding's core offerings encompass trading platforms, investment advisory services, and wealth management, catering to a diverse clientele. Recognised for its robust market position, the firm continues to enhance its reputation as a leader in the financial services industry, driven by a focus on transparency and client satisfaction.
How does Freedom 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.
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.
Freedom Holding's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Freedom Holding, headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 9,268,000 kg CO2e. This figure includes 174,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 3,693,000 kg CO2e from Scope 2 emissions, mainly from purchased electricity. The company also recorded significant Scope 3 emissions of about 5,401,000 kg CO2e, attributed to upstream leased assets. In 2022, the total emissions increased to about 6,985,000 kg CO2e, with Scope 1 emissions at 128,000 kg CO2e and Scope 2 emissions at 3,720,000 kg CO2e. The Scope 3 emissions for that year were approximately 3,136,000 kg CO2e. The trend indicates a rise in emissions from 2021, where total emissions were around 5,864,000 kg CO2e. Despite the increasing emissions, Freedom Holding has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the financial services industry increasingly prioritises sustainability, Freedom Holding's future commitments will be crucial in aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 97,000 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | 3,013,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 2,754,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Freedom Holding is not committed to any reduction initiatives 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.