Halyk Bank, officially known as Halyk Savings Bank of Kazakhstan, is a leading financial institution headquartered in Almaty, Kazakhstan. Established in 1923, it has grown to become a cornerstone of the banking sector in Central Asia, with a strong presence across the region, including major operational areas in Kazakhstan and beyond. As a full-service bank, Halyk Bank offers a diverse range of products and services, including retail and corporate banking, investment services, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Notably, Halyk Bank has achieved significant milestones, including being one of the largest banks in Kazakhstan by assets and customer base, reinforcing its position as a trusted financial partner in the region.
How does Halyk Bank'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.
Halyk Bank's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Halyk Bank reported total carbon emissions of approximately 91,200,000 kg CO2e. This includes Scope 1 emissions of about 4,100,000 kg CO2e, Scope 2 emissions of approximately 64,200,000 kg CO2e, and Scope 3 emissions totalling around 22,900,000 kg CO2e. Notably, employee commuting accounted for about 10,500,000 kg CO2e within Scope 3 emissions. Comparatively, in 2022, the bank's emissions were approximately 64,000,000 kg CO2e for Scope 2 and about 4,095,200 kg CO2e for Scope 1, indicating a slight increase in Scope 1 emissions year-on-year. The bank has demonstrated a commitment to reducing its carbon footprint, achieving a 5.9% reduction in Scope 1 emissions from 2020 to 2021, and a 1.9% reduction in Scope 2 emissions during the same period. Halyk Bank has set a long-term goal to achieve net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This commitment reflects the bank's dedication to sustainability and aligns with broader industry trends towards carbon neutrality. The emissions data is cascaded from Halyk Bank of Kazakhstan Joint Stock Company, which serves as the parent organization. This relationship underscores the bank's accountability in tracking and reporting its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 4,818,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 68,540,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 00,000,000 |
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.
Halyk Bank 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.