Halyk Bank Sustainability Profile
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 lower than 51% 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
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 Scope 1 emissions were not disclosed for this year. Comparatively, in 2022, Halyk Bank's total emissions were about 68,320,200 kg CO2e, with Scope 1 emissions at approximately 4,095,200 kg CO2e and Scope 2 emissions at around 64,225,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Halyk Bank has set ambitious climate commitments, aiming for net zero emissions by 2050. In the near term, the bank achieved a 5.9% reduction in Scope 1 emissions from 2020 to 2021, decreasing from 4,757 tonnes CO2e to 4,474.9 tonnes CO2e. Additionally, Scope 2 emissions saw a 1.9% reduction during the same period. The emissions data for Halyk Bank is cascaded from its parent organization, Halyk Bank of Kazakhstan Joint Stock Company, which provides a comprehensive overview of the bank's climate impact and commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
How Carbon Intensive is Halyk Bank's Industry?
How Carbon Intensive is Halyk Bank's Location?
Halyk Bank'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
Halyk Bank'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.
Halyk Bank 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.
