Freedom Holding Sustainability Profile
Freedom Holding Corp, commonly referred to as Freedom Holding, is a prominent financial services company headquartered in Kazakhstan (KZ). Established in 2008, the firm has rapidly expanded its operations across key regions, including Central Asia, Eastern Europe, and the United States. Specialising in brokerage services, investment banking, and asset management, Freedom Holding distinguishes itself through its innovative technology and customer-centric approach. With a commitment to providing comprehensive financial solutions, the company has achieved significant milestones, including its listing on the NASDAQ in 2020. Freedom Holding's core offerings encompass trading platforms, investment advisory services, and wealth management, catering to a diverse clientele. Recognised for its robust market position, the firm continues to enhance its reputation as a leader in the financial services industry, driven by a focus on transparency and client satisfaction.
DitchCarbon Score
How does Freedom Holding'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.
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.
Industry Benchmark
Freedom Holding's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Freedom Holding's reported carbon emissions
In 2024, Freedom Holding, headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 10,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,541,000 kg CO2e, primarily from mobile combustion (1,505,000 kg CO2e) and stationary combustion (36,000 kg CO2e). Scope 2 emissions totalled around 2,673,000 kg CO2e, with purchased electricity contributing 2,266,000 kg CO2e and purchased heat accounting for 407,000 kg CO2e. Notably, Scope 3 emissions reached approximately 7,315,000 kg CO2e, driven largely by investments (2,779,000,000 kg CO2e), business travel (1,798,000 kg CO2e), and upstream leased assets (5,517,000 kg CO2e). In 2023, the company reported total emissions of about 9,268,000 kg CO2e, with Scope 1 emissions at 174,000 kg CO2e, Scope 2 emissions at approximately 3,693,000 kg CO2e, and Scope 3 emissions around 5,401,000 kg CO2e. The previous year, 2022, saw total emissions of about 6,985,000 kg CO2e, with similar trends across all scopes. Despite these emissions figures, Freedom Holding has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded any targets from parent organisations. The absence of formal climate pledges or SBTi targets indicates a potential area for development in their sustainability strategy. The company’s emissions data reflects a growing awareness of climate impact, but further commitments could enhance its environmental responsibility.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 97,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 3,013,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,754,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Freedom Holding's Industry?
How Carbon Intensive is Freedom Holding's Location?
Freedom Holding's Scope 3 Categories Breakdown
Freedom Holding's Scope 3 emissions, which increased by 35% last year and increased by approximately 166% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 63% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 37990% of Scope 3 emissions.
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Freedom Holding'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.
Freedom Holding 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.
