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 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.
In 2024, Freedom Holding, headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 11,529,000 kg CO2e. This figure includes 1,541,000 kg CO2e from Scope 1 emissions, 2,673,000 kg CO2e from Scope 2 emissions, and 7,315,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are significantly influenced by investments and upstream leased assets, which account for a substantial portion of the total. Comparatively, in 2023, the company recorded total emissions of approximately 9,268,000 kg CO2e, with Scope 1 emissions at 174,000 kg CO2e, Scope 2 emissions at 3,693,000 kg CO2e, and Scope 3 emissions at 5,401,000 kg CO2e. This indicates an increase in emissions from 2023 to 2024. Freedom Holding has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from parent organisations. The company’s emissions data is sourced directly from Freedom Holding Corp. without any cascading from other entities. Overall, while Freedom Holding has made strides in reporting its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
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.

