ESG rating

2025

Sustainable Fitch assigned an updated score to Otbasy Bank for 2025.
The Bank’s sustainability rating increased from 55 to 60 points, while the overall rating level was affirmed at “3”.

The upgrade reflects the bank's systemic performance in the areas of social policy, ESG information disclosure, and the integration of sustainable development principles into its strategy and operations. Experts noted the increased transparency – in 2024, the bank for the first time presented the calculation of greenhouse gas emissions in all three categories (Scopes 1, 2 and 3), including funded emissions, and expanded the publication of indicators related to gender equality and wages.

More details are available via the link: https://www.sustainablefitch.com/banks/sustainable-fitch-affirms-otbasys-entity-rating-at-3-12-11-2025

2024

Sustainable Fitch has assigned JSC Otbasy Bank House Construction Savings Bank (Otbasy) an ESG Entity Rating of '3' and a score of ‘55’.

This reflects the positive social impact of the Bank's mortgage lending portfolio, a significant proportion of which is aimed at providing access to adequate, safe and affordable housing and basic services for certain vulnerable groups. The drive to address the acute problem of housing affordability through the provision of subsidised housing mortgage loans backed by government support is helping to improve housing affordability in Kazakhstan.

The Bank has responded to the growing interest in energy efficient real estate in Kazakhstan by launching a pilot project on energy efficient real estate mortgages.

The Bank's sustainability policy focuses on minimising environmental impact, using green technologies and raising employee awareness, as well as promoting ethics, inclusiveness, fair remuneration and workplace safety.