Public Profile

Kaspi

Kaspi.kz, commonly referred to as Kaspi, is a leading financial technology company headquartered in Kazakhstan (KZ). Founded in 2007, it has rapidly evolved to become a dominant player in the fintech industry, primarily serving the Central Asian market. The company operates across various sectors, including e-commerce, digital payments, and banking services, offering a unique blend of products that cater to both consumers and businesses. Kaspi's core offerings include its innovative mobile app, which integrates online shopping, payment solutions, and banking services, setting it apart from traditional financial institutions. With a strong market position, Kaspi has achieved significant milestones, such as being listed on the London Stock Exchange, reflecting its robust growth and commitment to digital transformation. As a pioneer in Kazakhstan's fintech landscape, Kaspi continues to shape the future of financial services in the region.

DitchCarbon Score

How does Kaspi'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.

11

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

Kaspi's score of 11 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

Kaspi's reported carbon emissions

In 2023, Kaspi reported total carbon emissions of approximately 141,504,900 kg CO2e, with Scope 1 emissions accounting for the majority. Specifically, mobile combustion contributed about 65,811,000,000 kg CO2e, while stationary combustion added approximately 102,940,000 kg CO2e. Over the previous years, emissions have shown fluctuations: in 2022, total emissions were about 120,636,460 kg CO2e; in 2021, they reached approximately 190,520,220 kg CO2e; and in 2020, emissions were around 121,900,840 kg CO2e. Despite these figures, Kaspi has not disclosed any specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of a structured climate commitment or reduction strategy indicates a potential area for improvement in their environmental impact management.

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2020202120222023
Scope 1
65,099,260
000,000,000,000,000
00,000,000,000,000.00
00,000,000,000,000.00
Scope 2
-
-
-
-
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kaspi'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. Kaspi 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.

Kaspi 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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