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.
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.
Mean score of companies in the 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.
Halyk Bank's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Halyk Bank reported total carbon emissions of approximately 66,325,300 kg CO2e. This figure includes direct emissions (Scope 1) of about 3,298,700 kg CO2e and indirect emissions (Scope 2) of approximately 63,026,600 kg CO2e. Additionally, the bank's Scope 3 emissions were reported at around 21,872,930 kg CO2e, which encompasses various categories such as business travel and employee commuting. Over the years, Halyk Bank has demonstrated a commitment to reducing its carbon footprint. From 2018 to 2023, the bank's total emissions decreased from about 76,717,000 kg CO2e to the latest figure of 66,325,300 kg CO2e, indicating a significant reduction in emissions. This trend reflects the bank's ongoing efforts to enhance sustainability practices. Despite the positive trajectory in emissions reduction, Halyk Bank has not publicly disclosed specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the bank is making strides in emissions management, there is potential for further commitment to structured climate action. Overall, Halyk Bank's emissions data and reduction efforts highlight its role in addressing climate change within the financial sector in Kazakhstan and beyond.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 5,443,200 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 71,273,700 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 00,000 | 00,000,000 |
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 committed to any reduction initiatives 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.