SO JSC VTB Bank (Kazakhstan) Sustainability Profile
SO JSC VTB Bank, a prominent player in Kazakhstan's banking sector, is headquartered in Almaty. Established in 2009, the bank has rapidly evolved, focusing on retail and corporate banking services across the region. VTB Bank offers a diverse range of financial products, including loans, deposits, and investment services, distinguished by their customer-centric approach and innovative solutions. As a subsidiary of the VTB Group, the bank leverages its extensive expertise to maintain a strong market position, catering to both individual and business clients. With a commitment to enhancing financial accessibility, SO JSC VTB Bank has achieved notable milestones, contributing significantly to the development of Kazakhstan's financial landscape.
DitchCarbon Score
How does SO JSC VTB Bank (Kazakhstan)'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
SO JSC VTB Bank (Kazakhstan)'s score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
SO JSC VTB Bank (Kazakhstan)'s reported carbon emissions
SO JSC VTB Bank (Kazakhstan) currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The bank is a current subsidiary of VTB Bank (public joint-stock company), which may influence its climate commitments and reporting practices. As of now, SO JSC VTB Bank (Kazakhstan) has not established any documented reduction targets or climate pledges. The absence of specific initiatives or targets suggests that the bank is still in the early stages of developing its climate strategy. Given its relationship with VTB Bank, it is important to note that any potential emissions data or climate commitments may be inherited from the parent organisation. However, no specific emissions data or targets have been cascaded from VTB Bank to SO JSC VTB Bank (Kazakhstan) at this time. In summary, while SO JSC VTB Bank (Kazakhstan) is part of a larger corporate family, it currently lacks detailed emissions data and defined climate commitments. Further developments in their sustainability initiatives may emerge as the bank progresses in its environmental strategy.
How Carbon Intensive is SO JSC VTB Bank (Kazakhstan)'s Industry?
How Carbon Intensive is SO JSC VTB Bank (Kazakhstan)'s Location?
SO JSC VTB Bank (Kazakhstan)'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.
SO JSC VTB Bank (Kazakhstan) 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.
