Public Profile

Kaspi

Kaspi.kz, commonly referred to as Kaspi, is a leading financial technology company headquartered in Kazakhstan (KZ). Founded in 2007, it has rapidly evolved to become a dominant player in the fintech industry, primarily serving the Central Asian market. The company operates across various sectors, including e-commerce, digital payments, and banking services, offering a unique blend of products that cater to both consumers and businesses. Kaspi's core offerings include its innovative mobile app, which integrates online shopping, payment solutions, and banking services, setting it apart from traditional financial institutions. With a strong market position, Kaspi has achieved significant milestones, such as being listed on the London Stock Exchange, reflecting its robust growth and commitment to digital transformation. As a pioneer in Kazakhstan's fintech landscape, Kaspi continues to shape the future of financial services in the region.

DitchCarbon Score

How does Kaspi'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.

19

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.

26

Industry Benchmark

Kaspi's score of 19 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

1%

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Kaspi's reported carbon emissions

In 2023, Kaspi's total carbon emissions amounted to approximately 141,504,900 kg CO2e, with Scope 1 emissions contributing about 65,811,000,000 kg CO2e from mobile combustion and about 102,940,000 kg CO2e from stationary combustion. This represents a slight increase in emissions compared to 2022, where total emissions were approximately 120,636,460 kg CO2e. Over the years, Kaspi has demonstrated a commitment to reducing its carbon footprint. The company has set near-term net-zero targets for both Scope 1 and Scope 2 emissions, aiming to minimise carbon intensity from 2023 to 2025. This initiative reflects their strategy to track and manage emissions effectively, even as their business expands. In 2022, Kaspi reported total emissions of approximately 120,636,460 kg CO2e, with Scope 1 emissions from mobile combustion at about 56,688,900,000 kg CO2e and stationary combustion at about 60,850,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 190,520,220 kg CO2e, indicating a significant reduction in emissions over the subsequent years. Kaspi's ongoing efforts to monitor and reduce emissions underscore their commitment to sustainability and climate responsibility, aligning with industry standards for climate action.

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2020202120222023
Scope 1
65,099,260
000,000,000,000,000
00,000,000,000,000.00
00,000,000,000,000.00
Scope 2
-
-
-
-
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kaspi's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kaspi is in KZ, which has a very high grid carbon intensity relative to other regions.

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.

Kaspi is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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