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Public Profile
Financial Intermediation
KZ
updated 9 days ago

Kaspi

Company website

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.

24

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.

27

Industry Benchmark

Kaspi's score of 24 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Kaspi's reported carbon emissions

In 2023, Kaspi, headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 141,504,900 kg CO2e, comprising 103,100 kg CO2e from Scope 1 emissions and 74,336,000 kg CO2e from Scope 2 emissions. This reflects a significant increase from 2022, when total emissions were about 120,636,460 kg CO2e, with Scope 1 emissions at 60,900 kg CO2e and Scope 2 emissions at 62,467,300 kg CO2e. Kaspi has set near-term climate commitments to track and reduce its Scope 1 and Scope 2 emissions from 2023 to 2025. The company aims to minimise its carbon intensity as it continues to expand its business operations. However, no specific percentage reduction targets have been disclosed for these initiatives. The emissions data is not cascaded from any parent organisation, indicating that Kaspi is independently reporting its carbon footprint. The company has not yet disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Overall, Kaspi's commitment to monitoring and reducing its carbon emissions aligns with industry standards for climate action, although further details on specific reduction targets would enhance its transparency and accountability in addressing climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

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