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Public Profile
Financial Intermediation
KZ
updated a month ago

JSC «Kazkommertsbank» Sustainability Profile

Company website

JSC «Kazkommertsbank», commonly referred to as Kazkommertsbank or Qazkom, is a leading financial institution headquartered in Almaty, Kazakhstan. Established in 1990, the bank has played a pivotal role in the development of the banking sector in Kazakhstan, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in major operational regions, Kazkommertsbank provides unique financial products, including personal loans, business financing, and innovative digital banking solutions. The bank is recognised for its commitment to customer service and technological advancement, positioning itself as a market leader in the Kazakh banking industry. Over the years, Kazkommertsbank has achieved significant milestones, solidifying its reputation as a trusted partner for individuals and businesses alike.

DitchCarbon Score

How does JSC «Kazkommertsbank»'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.

27

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.

29

Industry Benchmark

JSC «Kazkommertsbank»'s score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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JSC «Kazkommertsbank»'s reported carbon emissions

Inherited from Halyk Bank of Kazakhstan Joint Stock Company

JSC «Kazkommertsbank», headquartered in Kazakhstan, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. However, it is important to note that JSC «Kazkommertsbank» has inherited its emissions data and climate performance metrics from its parent company, Halyk Bank of Kazakhstan Joint Stock Company, through a merged entity relationship. This cascading of data occurs at a second-level cascade, meaning that any relevant emissions data or climate initiatives would be sourced from Halyk Bank. As of now, JSC «Kazkommertsbank» has not established specific science-based targets (SBTi) or other industry-standard climate initiatives. The bank's commitment to addressing climate change remains unclear, and further information may be required to assess its environmental impact and sustainability efforts.

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

How Carbon Intensive is JSC «Kazkommertsbank»'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. JSC «Kazkommertsbank»'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.

How Carbon Intensive is JSC «Kazkommertsbank»'s Location?

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 JSC «Kazkommertsbank» is in KZ, which has a very high grid carbon intensity relative to other regions.

JSC «Kazkommertsbank»'s Scope 3 Categories Breakdown

Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 25% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 46% of Scope 3 emissions.

Top Scope 3 Categories

2023
Employee Commuting
46%
Fuel and Energy Related Activities
37%
Waste Generated in Operations
10%
Purchased Goods and Services
7%

JSC «Kazkommertsbank»'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 «Kazkommertsbank» 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare JSC «Kazkommertsbank»'s Emissions with Industry Peers

SO JSC VTB Bank (Kazakhstan)

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Joint Stock Company Bank CenterCredit

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

First Heartland Jusan Bank Joint Stock Company

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Bank of Astana JSC

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Nurbank JSC

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

JSC "Kazinvestbank"

KZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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