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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 country's financial intermediation services, excluding insurance and pension funding. With a strong presence across major regions in Kazakhstan, Halyk Bank offers a diverse range of services, including retail banking, corporate banking, and investment services.
The bank is renowned for its innovative products, such as digital banking solutions and tailored financial services, which cater to both individual and corporate clients. Halyk Bank's commitment to customer satisfaction and its robust market position have earned it numerous accolades, solidifying its reputation as a trusted financial partner in the region.
-3 vs industry average
Halyk Bank’s score of 34 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Halyk Bank, a financial intermediation services company headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 88,300,000 kg CO2e in 2024. This total includes Scope 1 emissions of 3,300,000 kg CO2e, Scope 2 emissions of 63,000,000 kg CO2e, and Scope 3 emissions of 22,000,000 kg CO2e. The Scope 3 emissions for 2024 comprised about 9,400,000 kg CO2e from employee commute, 1,800,000 kg CO2e from purchased goods and services, 2,800,000 kg CO2e from waste generated in operations, and 8,000,000 kg CO2e from fuel and energy-related activities.
Looking back, Halyk Bank's Scope 1 and Scope 2 emissions have shown some fluctuations. In 2023, Scope 1 emissions were approximately 3,298,700 kg CO2e and Scope 2 emissions were around 63,026,600 kg CO2e. This followed 2022 figures of approximately 4,095,200 kg CO2e for Scope 1 and 64,225,000 kg CO2e for Scope 2. In 2021, Scope 1 emissions were about 4,474,900 kg CO2e and Scope 2 emissions were 65,252,000 kg CO2e. The bank demonstrated a 5.9% reduction in Scope 1 emissions and a 1.9% reduction in Scope 2 emissions between 2020 and 2021.
Halyk Bank is committed to long-term climate goals, aiming to achieve net-zero Scope 1 and Scope 2 emissions by 2050. These climate commitment details are cascaded from Halyk Bank of Kazakhstan Joint Stock Company.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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