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.
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.
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.
Freedom Holding's score of 38 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Freedom Holding reported total carbon emissions of approximately 9,268,000 kg CO2e. This figure includes 174,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 3,693,000 kg CO2e from Scope 2 emissions, mainly from purchased electricity. The largest contribution came from Scope 3 emissions, which totalled about 5,401,000 kg CO2e, primarily from upstream leased assets. Comparatively, in 2022, the company’s total emissions were about 6,985,000 kg CO2e, with Scope 1 emissions at 128,000 kg CO2e, Scope 2 at 3,720,000 kg CO2e, and Scope 3 at 3,136,000 kg CO2e. This indicates a significant increase in emissions year-on-year. For 2024, Freedom Holding anticipates a further increase in emissions, projecting total emissions of approximately 10,000,000 kg CO2e, with Scope 1 emissions expected to rise to 1,541,000 kg CO2e, Scope 2 to 2,673,000 kg CO2e, and Scope 3 emissions potentially reaching 7,315,000 kg CO2e. Despite these figures, Freedom Holding has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their climate commitments remain unspecified, indicating a potential area for future development in sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 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 |
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.
Freedom Holding is not committed to any reduction initiatives 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.