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Public Profile
Financial Intermediation
KZ
updated 2 months ago

Eco Center Bank JSC Sustainability Profile

Company website

Eco Center Bank JSC, headquartered in Kazakhstan (KZ), is a prominent player in the banking and financial services industry. Established in 2005, the bank has made significant strides in promoting sustainable finance and eco-friendly initiatives across its major operational regions, including Central Asia and Eastern Europe. Specialising in retail banking, corporate finance, and investment services, Eco Center Bank JSC distinguishes itself through its commitment to environmentally responsible banking practices. The bank offers a range of unique products, including green loans and sustainable investment options, aimed at supporting eco-conscious businesses and individuals. With a strong market position, Eco Center Bank JSC has garnered recognition for its innovative approach to finance, contributing to its reputation as a leader in sustainable banking solutions. The bank continues to evolve, aligning its services with global sustainability goals while fostering economic growth in the regions it serves.

DitchCarbon Score

How does Eco Center Bank JSC'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.

16

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.

29

Industry Benchmark

Eco Center Bank JSC's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Eco Center Bank JSC's reported carbon emissions

Eco Center Bank JSC, headquartered in Kazakhstan (KZ), currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are also not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that Eco Center Bank JSC is a merged entity and inherits emissions data from its parent company, Joint Stock Company Bank CenterCredit, at a cascade level of 1. This relationship may influence its overall climate strategy and reporting. As of now, Eco Center Bank JSC has not set specific reduction targets or made significant climate pledges, which may reflect broader industry trends where financial institutions are increasingly focusing on sustainability but may still be in the early stages of formalising their commitments. In summary, while Eco Center Bank JSC is positioned within a corporate family that may have established climate initiatives, it currently lacks specific emissions data and defined reduction targets. This presents an opportunity for the bank to enhance its environmental commitments and align with industry standards for carbon management.

How Carbon Intensive is Eco Center Bank JSC's Industry?

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Very high
Some industries are more carbon intensive than others. Eco Center Bank JSC'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.

How Carbon Intensive is Eco Center Bank JSC's Location?

Very low
Low
Medium
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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 Eco Center Bank JSC is in KZ, which has a very high grid carbon intensity relative to other regions.

Eco Center Bank JSC's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Eco Center Bank JSC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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