JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.) Sustainability Profile
JSC Altyn Bank, a subsidiary of China CITIC Bank Corporation Ltd., is a prominent financial institution headquartered in Kazakhstan (KZ). Established in 2015, the bank has rapidly positioned itself within the banking sector, focusing on retail and corporate banking services across major operational regions in Kazakhstan and beyond. Altyn Bank offers a diverse range of products, including personal loans, business financing, and innovative digital banking solutions, setting itself apart with a commitment to customer-centric service and technological advancement. The bank has achieved significant milestones, including the expansion of its service offerings and a growing customer base, which underscores its competitive edge in the market. With a strong emphasis on financial inclusion and sustainable growth, JSC Altyn Bank continues to enhance its reputation as a reliable banking partner in the region.
DitchCarbon Score
How does JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'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.
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.
Industry Benchmark
JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.), headquartered in Kazakhstan (KZ), currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of China CITIC Bank Corporation Limited, any emissions data or climate commitments would be inherited from this parent organisation. While there are no documented reduction targets or climate pledges specific to JSC Altyn Bank, it is important to note that the broader corporate family, particularly China CITIC Bank Corporation Limited, may have established initiatives and targets that could influence Altyn Bank's climate strategy. However, specific details regarding these initiatives or targets have not been provided. In the context of climate commitments, JSC Altyn Bank's approach may align with industry standards and practices, but without concrete data or targets, it remains unclear how they are addressing carbon emissions or climate change. The absence of emissions data and reduction initiatives highlights a potential area for development in their sustainability strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 5,939,020 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 142,216,790 | 000,000,000 | 00,000,000 | - | 00,000,000 |
How Carbon Intensive is JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s Industry?
How Carbon Intensive is JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s Location?
JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s Scope 3 Categories Breakdown
JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s Scope 3 emissions, which increased by 0% last year and decreased by approximately 84% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 79% of Scope 3 emissions.
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JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.)'s Climate Goals (2030 & 2050)
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.
JSC Altyn Bank (SB of China CITIC Bank Corporation Ltd.) 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.
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