KazMunayGas Publishes 2020 Sustainable Development Report: Heading for Low-Carbon Future
JSC NC “KazMunayGas” (KMG) annually publishes a Sustainable Development Report. This document is the company's message about its progress under the United Nations Global Compact and the achievement of the global Sustainable Development Goals.
This July, KMG's Board of Directors approved the verified 2020 Sustainable Development Report. The report was prepared in accordance with the GRI Standards, the international reporting standards in the field of sustainable development. It has undergone an independent audit process by an audit firm, as well as the Global Reporting Initiative materiality review - GRI Materiality Disclosures Service.
The 2020 Sustainable Development Report publishes the key indicators of the company's economic, environmental and social performance over 2018-2020, and includes data on the significant aspects of sustainable development: anti-crisis measures related to the COVID-19 pandemic, vocational health and safety, environmental protection, staff development, interaction with the local communities and assistance to the regions of the Company's presence. The report pays special attention to ESG-rating indicators and our initiatives to transition to a lower hydrocarbon future.
Recognizing the importance of taking into account the views of the stakeholders, we organize annual feedback on the Report. This practice will help improve the content of the Report, and promote the awareness of the issues of sustainable development among Company's staff and other stakeholders.