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Financial Intermediation
KZ
updated 6 months ago

SO JSC VTB Bank (Kazakhstan)

Company website

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.

16

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.

28

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.

11%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SO JSC VTB Bank (Kazakhstan)'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. This request for SO JSC VTB Bank (Kazakhstan) is in KZ, which has a very high grid carbon intensity relative to other regions.

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.

SO JSC VTB Bank (Kazakhstan) is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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