Halyk Bank

Halyk Bank, headquartered in KZ and operating within financial intermediation services (excluding insurance and pension funding), reported significant carbon emissions across its operations. In 2024, the bank's total emissions, encompassing Scope 1, 2, and 3, amounted to approximately 88,300,000 kg CO2e. Of this total, Scope 2 emissions were approximately 63,000,000 kg CO2e, while Scope 1 emissions were around 3,300,000 kg CO2e, and Scope 3 emissions were approximately 22,000,000 kg CO2e. The Scope 3 emissions breakdown includes employee commute (about 9,400,000 kg CO2e), purchased goods and services (approximately 1,800,000 kg CO2e), waste generated in operations (around 2,800,000 kg CO2e), and fuel and energy-related activities (approximately 8,000,000 kg CO2e).

Previous years show varying emission figures. In 2023, Scope 1 emissions were approximately 3,298,700 kg CO2e, and Scope 2 emissions totalled about 63,026,600 kg CO2e. For 2022, Scope 1 emissions were around 4,095,200 kg CO2e, with Scope 2 emissions at approximately 64,225,000 kg CO2e. In 2021, direct emissions (Scope 1) were reported as 4,474.9 tonnes of CO2e, representing a 5.9% reduction from 2020 levels. Indirect (Scope 2) emissions in 2021 were approximately 64,033 tonnes of CO2e, a decrease of 1.9% year-on-year.

Halyk Bank has established a long-term commitment to achieve net-zero emissions by 2050. This ambitious target spans both Scope 1 and Scope 2 emissions. The bank's emissions data is cascaded from its ultimate parent, Halyk Bank of Kazakhstan Joint Stock Company.