Halyk Bank
Halyk Bank, officially known as Halyk Savings Bank of Kazakhstan, is a leading financial institution headquartered in Almaty, Kazakhstan. Established in 1923, it has grown to become a cornerstone of the banking sector in Central Asia, with a strong presence across the region, including major operational areas in Kazakhstan and beyond. As a full-service bank, Halyk Bank offers a diverse range of products and services, including retail and corporate banking, investment services, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Notably, Halyk Bank has achieved significant milestones, including being one of the largest banks in Kazakhstan by assets and customer base, reinforcing its position as a trusted financial partner in the region.
DitchCarbon Score
How does Halyk Bank'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
Halyk Bank's score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Halyk Bank's reported carbon emissions
In 2023, Halyk Bank reported total carbon emissions of approximately 66,325,300 kg CO2e, with significant contributions from Scope 2 emissions, which accounted for about 64,781,000 kg CO2e (purchased electricity: 40,781,000 kg CO2e; purchased heat: 22,245,000 kg CO2e). The bank's global emissions for the same year totalled approximately 91,200,000 kg CO2e, comprising 4,100,000 kg CO2e from Scope 1 and 64,200,000 kg CO2e from Scope 2, alongside 22,900,000 kg CO2e from Scope 3 emissions. Halyk Bank has set ambitious climate commitments, aiming for net zero emissions by 2050. In 2021, the bank achieved a reduction of 5.9% in Scope 1 emissions, totalling 4,474.9 tonnes CO2e, down from 4,757 tonnes CO2e in 2020. Additionally, Scope 2 emissions saw a reduction of 1.9%, amounting to 64,033 tonnes CO2e in 2021. The emissions data for Halyk Bank is cascaded from its parent company, Halyk Bank of Kazakhstan Joint Stock Company, reflecting a corporate family relationship. The bank's ongoing efforts and targets align with industry standards for climate action, demonstrating a commitment to sustainability and responsible banking practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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 |
Industry emissions intensity
Location emissions 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.
Halyk Bank 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.
