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Public Profile
Financial Intermediation
KZ
updated 17 days ago

Halyk Bank

Company website

Halyk Bank, officially known as Halyk Savings Bank of Kazakhstan, is a leading financial institution headquartered in Almaty, Kazakhstan. Established in 1923, it has grown to become a cornerstone of the banking sector in Central Asia, with a strong presence across the region, including major operational areas in Kazakhstan and beyond. As a full-service bank, Halyk Bank offers a diverse range of products and services, including retail and corporate banking, investment services, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Notably, Halyk Bank has achieved significant milestones, including being one of the largest banks in Kazakhstan by assets and customer base, reinforcing its position as a trusted financial partner in the region.

DitchCarbon Score

How does Halyk Bank'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.

30

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.

30

Industry Benchmark

Halyk Bank's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Halyk Bank's reported carbon emissions

In 2023, Halyk Bank reported total carbon emissions of approximately 66,325,300 kg CO2e, with significant contributions from Scope 2 emissions, which accounted for about 64,781,000 kg CO2e (purchased electricity: 40,781,000 kg CO2e; purchased heat: 22,245,000 kg CO2e). The bank has not disclosed any Scope 1 emissions data for this year. In the previous year, 2022, Halyk Bank's total emissions were about 68,320,200 kg CO2e, with Scope 1 emissions at approximately 4,095,200 kg CO2e and Scope 2 emissions at around 64,225,000 kg CO2e. This indicates a slight decrease in total emissions from 2021, where emissions were reported at about 69,726,900 kg CO2e. Halyk Bank has set ambitious climate commitments, aiming for net zero emissions by 2050. In 2021, the bank achieved a reduction of 5.9% in Scope 1 emissions, totalling 4,474.9 tonnes CO2e, down from 4,757 tonnes CO2e in 2020. Additionally, Scope 2 emissions saw a reduction of 1.9%, totalling 64,033 tonnes CO2e in 2021. The emissions data for Halyk Bank is cascaded from its parent organization, Halyk Bank of Kazakhstan Joint Stock Company, which provides a comprehensive overview of the bank's global emissions performance. The bank's commitment to sustainability and reduction initiatives reflects its dedication to addressing climate change and reducing its carbon footprint.

Unlock detailed emissions data

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

20192020202120222023
Scope 1
4,818,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
68,540,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Halyk Bank'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 Halyk Bank 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.

Halyk Bank 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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