KazMunayGas is the leader of environmental responsibility among the oil and gas companies in Kazakhstan
On January 22, results of the first environmental responsibility rating for oil and gas companies of Kazakhstan were presented in Astana. The rating is organized by the World Wildlife Fund (WWF) Russia and the group CREON with the support of the Ministry of Energy of the Republic of Kazakhstan and in partnership with the United Nations Environment Program in Central Asia (UNEP-CA), CREON Capital and the National Rating Agency.
This year the rating included 19 kazakhstani companies whose production of hydrocarbons in 2017 amounted to more than half a million tons. The main criteria for assessing in this rating were: environmental management, environmental impact and disclosure / transparency.
JSC NC "KazMunayGaz" (hereinafter - KMG) confirmed the title of the most environmentally transparent and responsible company, having topped the environmental rating of oil and gas companies in Kazakhstan for the second year in a row. KMG continues to follow the path of environmentally responsible business, develops the environmental management system, and conducts a dialogue with all stakeholders on this issue. Information about all company's environmental aspects is published on an annual basis in the framework of the Annual Report, Sustainable Development Report, as well as relevant information is reflected on the official website of the company.
The launch of environmental responsibility rating for oil and gas companies of Kazakhstan has already borne its first results prompting companies to disclose more information about their environmental impact and measures taken to conserve nature. It is especially encouraging that JSC "Embamunaigas", a subsidiary of KMG, became one of the leaders of environmental responsibility this year, taking an honorable third place and sharing thereby with its parent company striving to environmental friendliness and transparency.
The second place of the ranking for the second year in a row took Karachaganak Petroleum Operating BV.
More information on the official website of the rating: https://www.zs-rating.ru/