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Financial Intermediation
KZ
updated a day ago

ATFBank Joint Stock Company

Company website

ATFBank Joint Stock Company, headquartered in Kazakhstan (KZ), is a prominent player in the banking and financial services industry. Established in 1995, ATFBank has evolved to serve a diverse clientele across major operational regions in Central Asia. The bank offers a comprehensive range of products and services, including retail banking, corporate financing, and investment solutions, distinguished by its customer-centric approach and innovative financial technologies. With a strong market position, ATFBank has achieved significant milestones, including recognition for its robust risk management practices and commitment to sustainable development. The bank's unique offerings, such as tailored financial products and digital banking solutions, cater to the evolving needs of its customers, solidifying its reputation as a trusted financial partner in the region.

DitchCarbon Score

How does ATFBank Joint Stock Company'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.

20

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.

28

Industry Benchmark

ATFBank Joint Stock Company's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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ATFBank Joint Stock Company's reported carbon emissions

Inherited from First Heartland Securities JSC

ATFBank Joint Stock Company, headquartered in Kazakhstan (KZ), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that ATFBank's emissions data may be influenced by its corporate family structure. The bank is a merged entity, and emissions performance data may be cascaded from First Heartland Securities JSC, which operates at a cascade level of 2. This means that while ATFBank does not have its own emissions data, it may inherit relevant information from its associated entities. As of now, ATFBank has not established any specific reduction targets or initiatives, nor does it appear to be part of any recognised climate pledges such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of these commitments highlights a potential area for development in the bank's environmental strategy.

Unlock detailed emissions data

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

202020212022
Scope 1
1,755,530
0,000,000
0,000,000
Scope 2
20,231,316
00,000,000
00,000,000
Scope 3
12,128,552
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. ATFBank Joint Stock Company'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 ATFBank Joint Stock Company 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.

ATFBank Joint Stock Company 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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