Public Profile

Housing Construction Saving Bank Otbasy Bank Joint Stock Company

Housing Construction Saving Bank Otbasy Bank Joint Stock Company, headquartered in Kazakhstan, is a leading financial institution specialising in housing construction financing and savings. Established in 2000, the bank has made significant strides in promoting affordable housing solutions across the country, particularly in major urban regions. Otbasy Bank offers a range of unique products and services, including housing savings accounts and mortgage loans tailored to meet the needs of Kazakh citizens. Its commitment to fostering home ownership has positioned it as a key player in the housing finance sector. Notably, the bank has achieved recognition for its innovative approaches to financing, contributing to the development of sustainable housing projects nationwide. With a strong market presence, Otbasy Bank continues to play a vital role in shaping the future of housing in Kazakhstan.

DitchCarbon Score

How does Housing Construction Saving Bank Otbasy Bank Joint Stock Company'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.

19

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.

3

Industry Benchmark

Housing Construction Saving Bank Otbasy Bank Joint Stock Company's score of 19 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

Housing Construction Saving Bank Otbasy Bank Joint Stock Company's reported carbon emissions

In 2023, Housing Construction Saving Bank Otbasy Bank Joint Stock Company reported total carbon emissions of approximately 6,113,570 kg CO2e. This figure includes about 305,130 kg CO2e from Scope 1 emissions and approximately 5,808,440 kg CO2e from Scope 2 emissions. Comparatively, in 2022, the bank's emissions were about 5,156,750 kg CO2e, with Scope 1 emissions at approximately 350,210 kg CO2e and Scope 2 emissions around 4,806,540 kg CO2e. The 2021 emissions were reported at about 4,971,430 kg CO2e, comprising approximately 375,160 kg CO2e from Scope 1 and about 4,596,270 kg CO2e from Scope 2. Despite the increase in total emissions over the years, there are currently no specific reduction targets or climate pledges disclosed by Otbasy Bank. The bank's commitment to sustainability is reflected in its ongoing monitoring of emissions, with a reported GHG emissions per employee of about 3,100 kg CO2e in 2023 and approximately 3,360 kg CO2e in 2022. As a financial institution in Kazakhstan, Otbasy Bank is positioned within an industry increasingly focused on climate commitments, although specific initiatives or targets have not been outlined in the available data.

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202120222023
Scope 1
375,160
000,000
000,000
Scope 2
4,596,270
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Housing Construction Saving Bank Otbasy Bank Joint Stock Company'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. Housing Construction Saving Bank Otbasy Bank Joint Stock Company is headquartered in KZ, which has a rank of very high, indicating very high grid carbon intensity.

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.

Housing Construction Saving Bank Otbasy Bank Joint Stock Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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