Membership and Participation of KMG in Initiatives and Associations
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KMG is an active participant in international and national initiatives aimed at promoting sustainable development, protecting the environment, reducing environmental impact, and enhancing safety standards.
Climate and Environmental Initiatives:
The World Bank’s initiative “Zero Routine Flaring by 2030” – since 2015, KMG has supported this initiative and consistently reduced the volume of associated gas flaring.
Caspian Environmental Protection Initiative (CEPI) – participation since 2020 in initiatives aimed at protecting the environment of the Caspian region.
Global Methane Initiative (GMI) – since 2017, KMG has participated in the initiative’s activities, implementing projects to reduce methane emissions and support methane utilization
The Oil & Gas Methane Partnership 2.0 (UNEP) – joined in 2023 to enhance transparency of reporting and reduce methane emissions.
CDP – KMG annually discloses information on greenhouse gas emissions and water footprint across all KMG Group assets.
The Oil and Gas Decarbonisation Charter – participation since 2023; joined during COP28 to support the reduction of the carbon footprint of the oil and gas sector.
Social and Professional Initiatives:
Cooperation with the Public Association “Veterans of the Oil and Gas Industry” – since 2021, KMG has collaborated with the expert council of industry veterans to support the transfer of professional experience and provide advisory assistance.
National and International Associations:
National Chamber of Entrepreneurs of the Republic of Kazakhstan “Atameken” – cooperation on matters of legal regulation and protection of business interests.
Kazakhstan Welding Association “KazWeld” – support for the development of welding technologies and training of specialists in line with international standards.
KAZENERGY – active participation in committees and working groups, including chairing the Coordinating Council on Ecology and Social Responsibility.
Association of Taxpayers of New Kazakhstan – participation in improving tax legislation and enhancing tax literacy among enterprises.
UN Global Compact – KMG is a participant of the initiative and annually publishes a sustainability progress report.
Association of Legal Entities “Association of Kazakhstan Machinery Industry” – support and development of the machine building industry and consolidation of sectoral enterprises.
IOGP (International Association of Oil and Gas Producers) – membership since 2018 and implementation of international industrial safety standards.
Association of Producers and Consumers of Petrochemical Products – promotion of sustainable development of the petrochemical industry of the Republic of Kazakhstan.
IAOT (International Association of Oil Transporters) – membership since 2015, promoting international cooperation and exchange of best practices in the transportation and storage of oil and petroleum products.
Renewable Energy Association “Qazaq Green” – development of competencies and promotion of renewable energy projects.
Ecojer – membership since 2021 in the association of regional environmental initiatives.
Disclosure of Information
The PwC Kazakhstan Rating of the 50 Best Companies for Non-Financial Disclosure in Corporate Reports – the Company consistently ranks among the Top 5 companies for ESG disclosure.
The ESG Disclosure Rating conducted by PwC Kazakhstan is an annual assessment of the quality and completeness of sustainability-related disclosures by Kazakhstani companies. The Rating evaluates annual reports and sustainability reports, including integrated and social reports, with the aim of identifying leaders and providing recommendations for improving disclosure practices.
The assessment covers the following key areas: Sustainable Development Strategy, Corporate Governance, Social Policy and Human Capital Management, Environmental Impact and Environmental Management, Reporting Practices and Alignment with International Standards. Companies are evaluated against 76 criteria.
The purpose of the rating is to support the development of ESG reporting in Kazakhstan and to contribute to improving the quality of sustainability management in the country.
KMG continues to strengthen partnerships and integrate best global practices in the fields of sustainable development, environmental protection, and safety.
