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OrganisationsHousing Construction Saving Bank Otbasy Bank Joint Stock Company
Housing Construction Saving Bank Otbasy Bank Joint Stock Company logo

Housing Construction Saving Bank Otbasy Bank Joint Stock Company

Financial IntermediationKazakhstan
Last verified 18 days agohcsbk.kz

Housing Construction Saving Bank Otbasy Bank Joint Stock Company, headquartered in Kazakhstan, is a prominent player in the financial intermediation services sector, specifically focusing on housing finance. 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, including housing savings accounts and mortgage loans, designed to facilitate home ownership for Kazakh citizens. Its commitment to customer-centric services and innovative financial solutions has positioned it as a leader in the housing finance market. Notable achievements include its role in supporting national housing programmes, contributing to the development of sustainable communities throughout Kazakhstan.

16
DitchCarbon score

-19 vs industry average

Housing Construction Saving Bank Otbasy Bank Joint Stock Company’s score of 16 is lower than 8% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2026

0M0.0M0.0M0.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

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

Housing Construction Saving Bank Otbasy Bank Joint Stock Company, headquartered in KZ and operating in financial intermediation services (except insurance and pension funding), reported a total of approximately 6,113,570 kg CO2e for the year 2023. This figure encompasses Scope 1 and Scope 2 emissions, with Scope 1 totalling about 305,130 kg CO2e and Scope 2 emissions amounting to approximately 5,808,440 kg CO2e. The company did not disclose Scope 3 emissions for this period, noting it as a missing data point.

For 2022 and 2021, Otbasy Bank did not disclose specific emissions data. However, available information on GHG emissions per employee indicates 3,360 kg CO2e for 2022 and 3,100 kg CO2e for both 2021 and 2023, based on its sustainable development reports.

Otbasy Bank has not published specific reduction targets or commitments through initiatives like SBTi or the Climate Pledge. Further details on their climate strategy and initiatives can be found in their Sustainable Development Report 2023.

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Housing Construction Saving Bank Otbasy Bank Joint Stock Company’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Housing Construction Saving Bank Otbasy Bank Joint Stock Company yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Housing Construction Saving Bank Otbasy Bank Joint Stock Company logoHousing Construction Saving Bank Otbasy Bank Joint Stock Company
KZFinancial Intermediation
18 days ago
16
Hsbc Holdings logoHsbc Holdings
GBCommercial Banking
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100
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Raiffeisen Bank International AG logoRaiffeisen Bank International AG
ATFinancial Intermediation
15 hours ago
96
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Lloyds Banking Group logoLloyds Banking Group
GBCommercial Banking
16 days ago
89
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Deutsche Bank logoDeutsche Bank
DEBusiness Services
19 hours ago
84
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Barclays PLC logoBarclays PLC
GBCommercial Banking
8 days ago
77
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Bank Of America logoBank Of America
USFinancial Intermediation
12 hours ago
71
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Ditchcarbonv260709.1
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