SUSTAINABLE DEVELOPMENT REPORT
OF NC KAZMUNAYGAS JSC FOR 2024

GRI 2-23GRI 2-24GRI 406-1

KMG’s Human Rights Commitments

NC KazMunayGas JSC recognizes the importance of respecting and protecting human rights, guided by both international standards and national legislation. The Company is committed to respecting human rights across its entire value chain and expects the same from its partners, suppliers, and contractors.

KMG bases its activities on the following international standards and declarations:

  • Universal Declaration of Human Rights;
  • International Covenant on Civil and Political Rights;
  • International Covenant on Economic, Social and Cultural Rights;
  • UN Guiding Principles on Business and Human Rights;
  • ILO Declaration on Fundamental Principles and Rights at Work;
  • UN Declaration on the Rights of Indigenous Peoples;
  • UN Voluntary Principles on Security and Human Rights;
  • UN Global Compact.

The Company recognizes freedom of association, the right to safe working conditions, and strictly prohibits discrimination and exploitative practices. It also respects the cultural identities of local communities in its regions of operation.

No child or forced labor is used, and equal rights are guaranteed regardless of race, religion, or gender.

No cases of discrimination were recorded during the reporting period.

KMG ensures the availability of accessible channels for reporting potential violations, including anonymous mechanisms.

Diversity and Inclusion

KMG adheres to principles of equal opportunity, inclusivity, and a discrimination-free work environment. The Company believes that a diverse workforce and inclusive corporate culture enhance operational efficiency and sustainable development.

Gender Equality

  • KMG promotes equal opportunities for women and men at all management levels and actively involves women in all aspects of business operations.
  • Ensures equal pay for equal work.
  • Implements initiatives to increase the proportion of women in managerial positions, in particular by increasing the proportion of women in succession pools.
  • Taking into account the specifics of work in the oil and gas industry, KMG applies measures to minimize health risks for women in production environments.

Support for Local Talent and Vulnerable Groups

  • KMG prioritizes the hiring of local personnel in operational regions and supports their professional development.
  • Promotes employment of migrants and Kandasses (ethnic Kazakhs returning to their homeland).

Inclusion of People with Disabilities

  • KMG strives to create a comfortable and accessible work environment for people with disabilities.
  • Workplaces are adapted, and assistive technologies are introduced to improve mobility and working conditions.

CREATIION OF AN Inclusive Corporate Culture

  • KMG fosters a workplace environment where every employee feels accepted and respected.
  • KMG develops internal training programs aimed at fostering a culture of respect for diversity and preventing discrimination.

KMG acknowledges that diversity and inclusion are not only a matter of social responsibility but also a competitive advantage, driving innovation and performance.

Occupational Safety and Workers’ Rights PROTECTION

KMG ensures safe and healthy working conditions for all employees, which is an integral part of its commitment to human rights. The Company has implemented:

  • Occupational safety policies in line with international standards.
  • Regular safety training programs.
  • Monitoring systems to ensure compliance with safety regulations and mitigate workplace risks.

KMG respects the right of employees to freedom of association and collective bargaining, in accordance with the laws of the Republic of Kazakhstan.

Prohibition of Forced and Child Labor

KMG strictly adheres to a zero-tolerance policy regarding forced and child labor. The Company:

  • Eliminates all forms of work performed under threat of punishment or against the will of the worker, in line with ILO Convention No. 29 on Forced Labor.
  • Monitors compliance with labor standards both within the Company and among its suppliers and contractors.
  • Ensures that all employees work under voluntarily signed employment contracts and have the right to terminate their employment in accordance with applicable legislation.

CONSIDERATION OF APPEALS  and Human Rights Monitoring

KMG has implemented a multi-level appeals and complaints submission mechanism, which includes:

  • Hotlines and anonymous reporting channels.
  • An Ombudsperson and Compliance Service that provide impartial review of complaints.

Implementation of the Human Rights Policy

To ensure the effective implementation of its Human Rights Policy, KMG undertakes the following actions:

Training and Awareness

  • Regularly trains employees on human rights issues, including diversity and inclusion principles.
  • Conducts awareness initiatives for employees, suppliers, and contractors.

Risk Assessment and Management

KMG periodically analyzes risks related to potential human rights violations and develops response programs and applies human rights due diligence principles.

Transparency and Accountability

  • Discloses information on the implementation of the Human Rights Policy in its non-financial reports, in accordance with international standards.
  • Monitors the effectiveness of human rights measures and implements corrective actions when violations are identified.

Engagement with Stakeholders

  • Actively engages with government agencies, NGOs, and international organizations on human rights protection issues.
  • Conducts public hearings and consultations with local communities when implementing projects.

KMG views the implementation of its Human Rights Policy as a dynamic process, requiring continuous improvement aligned with international best practices.