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KazMunayGas is one of the top Kazakh companies in terms of its transparency rating

22.05.2019

JSC NC KazMunayGas (KMG) is ranked second among the 100 biggest Kazakh companies in the transparency rating held by the Expert RA Kazakhstan rating agency together with the Kursiv newspaper.

The rating included 100 biggest Kazakh public companies that have a significant impact on industries, regions and the economy of the country. The analysts of Expert RA Kazakhstan studied the quality of disclosure of financial and non-financial information by the biggest companies, and assessed the extent of disclosure of various aspects of their performance compared with international standards. Fifty-nine items were assessed. They were grouped into five sections: About the Company, Corporate Governance, Sustainability, Media Communications, and Reporting. According to the outcome of the assessment, KMG scored 7.9 points out of 10 possible. The Communications section of KMG received 9.6 points - one of the highest score among all the companies that were rated.

The outcome of the rating indicates the high level of transparency of JSC NC KazMunayGas and the availability of information for all parties concerned.

The full assessment methodology is available on the website of the Expert RA Kazakhstan rating agency: https://www.raexpert.kz/

JSC NC KazMunayGas

JSC NC KazMunayGas (KMG) is ranked second among the 100 biggest Kazakh companies in the transparency rating held by the Expert RA Kazakhstan rating agency together with the Kursiv newspaper.

The rating included 100 biggest Kazakh public companies that have a significant impact on industries, regions and the economy of the country. The analysts of Expert RA Kazakhstan studied the quality of disclosure of financial and non-financial information by the biggest companies, and assessed the extent of disclosure of various aspects of their performance compared with international standards. Fifty-nine items were assessed. They were grouped into five sections: About the Company, Corporate Governance, Sustainability, Media Communications, and Reporting. According to the outcome of the assessment, KMG scored 7.9 points out of 10 possible. The Communications section of KMG received 9.6 points - one of the highest score among all the companies that were rated.

The outcome of the rating indicates the high level of transparency of JSC NC KazMunayGas and the availability of information for all parties concerned.

The full assessment methodology is available on the website of the Expert RA Kazakhstan rating agency: https://www.raexpert.kz/
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