Key initiatives in 2025
In 2025, "Samruk-Energy" JSC implemented a set of key measures in the field of sustainable development aimed at developing the corporate and climate management system, increasing the transparency of information disclosure, strengthening stakeholder engagement and scaling ESG practices in the Company. The main events of the reporting year reflect the consistent integration of ESG approaches into the strategy, management processes and activities of subsidiaries. The key initiatives and results achieved in the context of the main areas of sustainable development are presented in the table below.
As a follow-up to these areas, one of the key initiatives of 2025 was a project to introduce international best practices in climate risk management and information disclosure in accordance with the TCFD recommendations and IFRS S2 requirements. The project was aimed at creating a methodological framework for the systematic integration of the climate agenda into the Company's corporate governance, strategic planning and reporting.
Within the framework of the project, a quantitative assessment of the impact of transition and physical climate risks on the strategy and financial performance of "Samruk Energy" JSC was carried out, scenario prerequisites and trajectories for achieving climate goals were clarified, as well as applied approaches were developed to take into account climate risks and opportunities in management and reporting processes. The results of the project served as the basis for making key management decisions and initiatives in the field of climate and sustainable development in the reporting year.
Key Focus | Implemented activities and results |
|---|---|
ESG Rating | Sustainable Fitch assigned the Company an ESG rating of "3" with an enterprise rating of 57 points (+5 points) |
Climate and Strategic Management | In 2025, "Samruk-Energy" JSC approved key management documents in the field of climate and sustainable development
At the end of 2025, 102 out of 103 measures (99%) were implemented. As part of the update, the Roadmap additionally includes 17 new activities related to the implementation of TCFD approaches and the preparation of climate disclosures. "Samruk-Energy" JSC was among the leaders in climate risk management among industrial companies in the study of the RAEX rating agency. The company took 8th place among the 145 largest companies in Russia, Kazakhstan, Uzbekistan and Mongolia. |
Implementation of ESG initiatives and Sustainable Development Goals | The Company continued to implement the Sustainable Development Initiatives Plan for 2022–2026, aimed at achieving long-term goals and contributing to the 17 UN SDGs.
The company received 5th place in the TOP-10 in the ESG ranking of RAEX Governance |
International Reporting and Transparency | As part of its commitment to international standards, the Company ensured the disclosure of key non-financial information
According to the results of the rating for ESG disclosure of PWC Kazakhstan, the Company was assigned the highest rating of A+ The company is also recognised as a leader in the following categories
The Kazakhstan Stock Exchange has awarded 1st place in the nomination "Best Annual Report in the Non-Financial Sector" in the competition based on the results of the Annual Reports for 2023. In the rating of annual reports, the RAEX rating agency awarded the Company 5 stars and the status of "The Highest Quality of the Annual Report". The company received the Golden Statuette in the Publications category | Annual Report | Government in the international competition of annual reports MarCom Awards 2025 |
Stakeholder and Community Engagement | In 2025, the Company strengthened its work with stakeholders and local communities
|
Development of subsidiaries and ESG practices | In October 2025, an on-site comprehensive analysis of corporate governance and sustainable development processes was carried out at SamrukGreen Energy LLP. The analysis was aimed at
The resulting recommendations will be taken into account when developing the Roadmap for 2026. |
Special session on sustainable development
On 12 December 2025, a strategic session on corporate governance and ESG was held with the participation of more than 40 specialised specialists from the Corporate Center and subsidiaries of the Group.
The event was devoted to summing up the results of 2025, discussing priorities for 2026 and developing internal expert interaction.
During the open dialogue, key areas of sustainable development were considered, including occupational health and safety, human capital development, environmental responsibility and improvement of corporate processes. Subsidiaries presented their achievements and implemented initiatives, which made it possible to form a holistic view of the Group's progress.
Following the session, joint initiatives for 2026 were identified aimed at developing ESG practices, strengthening inter-corporate cooperation and improving the efficiency and sustainability of the Company's activities.
"Samruk-Energy" JSC has integrated the Principles of Sustainable Development into its activities and is committed to the 17 UN Sustainable Development Goals. As part of its activities, the Company contributes to the achievement of priority SDGs, which is reflected in the projects being implemented, performance indicators and results of the reporting year.
In 2025, "Samruk-Energy" JSC implemented training initiatives in the field of ESG and corporate values aimed at raising employee awareness, developing managerial competencies and strengthening the culture of business ethics and compliance. The key training events of the reporting year are presented in the table below.
Date | Target audience | Format | Subject/content of training | Goal and key result |
|---|---|---|---|---|
25.11.2025 | Board of Directors, top management, heads of departments | Face-to-face session | Global Energy Perspective 2025 in collaboration with McKinsey & Company | Improving management competencies in the context of the global transformation of the energy and ESG agenda |
30.06.2025 | All employees | Online Learning | "Formation of an anti-corruption culture in Samruk-Energy JSC" | Strengthening the corporate culture of zero tolerance for corruption |
Employees of the group of companies | Training Course | Methodology for calculating Scope 3 greenhouse gas emissions in "Samruk-Energy" JSC Group of Companies | Practice-Oriented Training: Calculation of Scope 3 Greenhouse Gas Emissions | |
23.09.2025 | Talent Pool Members | Offline training | "Flow Leadership: Motiva-tion, Influence and Energy" | Development of leadership competencies and team management skills |
25.09.2025 | All employees | Online Learning | Key international organisations and their anti-corruption standards | Increasing the level of knowledge of employees in the field of international requirements and practices of anti-corruption compliance |
17.11.2025 | All employees | Tutorials | Compliance, Law of the Republic of Kazakhstan "On Combating Corruption", Anti-Corruption Policy | Ensuring compliance with the anti-corruption legislation of the Republic of Kazakhstan and internal regulatory documents |
28.11.2025 | All employees | Webinar | "Gender Equality" | Implementation of the HR Policy and promotion of the principles of equal opportunities |
27–28.11.2025 | Employees of the Company | Training Course | "Risks in the implementation of investment projects" | Improving competencies in investment and project risk management |
04.12.2025 | Talent Pool Members | Meeting, training | "Strategic Thinking" with the participation of the Nomination and Remuneration Committee of the Board of Directors | Development of strategic thinking and management potential |
19.12.2025 | All employees | Online Learning | "Code of Conduct of Samruk-Energy JSC: Features of Application" | Raising awareness of business ethics and corporate values |
The Company's contribution to the achievement of priority SDGs
End poverty in all its forms everywhere
UN SDG targets
- By 2030, eradicate extreme poverty for all people everywhere, currently measured by the number of people living on less than US$ 2.15 a day.
- By 2030, halve at least the proportion of men, women and children of all ages living in poverty in all its dimensions, according to national definitions.
- By 2030, ensure that all men and women, especially the poor and vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technologies.
Projects/tasks/KPIs of the company
- Preservation of jobs through control established by the efficiency of "Staff turnover" of no more than 14%.
- Ensuring competitive wages, indexation of wages.
- Action plan to improve the social stability of "Samruk-Energy" JSC.
- Monitoring of the KPI "Ensuring compliance with the share of senior managers hired from among the local population".
- Monitoring of the KPI "Degree of staff well-being" at the level of at least 65%.
- The Company provides uninterrupted power supply to all its regions of operation, including in remote areas and settlements to enable sustainable farming of the local population.
- R&D.Study of the possibility of applying carbon capture and storage technologies in coal-fired power plants.
- Introduction of the technology of the system of oil-free ignition of boiler units (plasma-fuel system).
2025 results
The SE development strategy is focused on continuous improvement of working conditions, safety and the development of social initiatives aimed at improving the well-being of employees. One of the key tasks in the regions of operation is the balance between production approaches and social priorities. As part of the transition to low-carbon development, a comprehensive approach that takes into account social aspects is needed. This requires preparing the workforce for new conditions, including relocation programmes and, if necessary, timely retraining of personnel.
- In 2025, the total personnel turnover ratio in the group of companies of "Samruk-Energy" JSC, including joint and affiliated organisations, amounted to 13%. At the same time, the staff turnover rate was 10.3%
- In 2025, the average salary of employees of "Samruk-Energy" JSC Group of Companies, including joint ventures and affiliates, amounted to 692,741 KZT per month.
- Since January 2025, all subsidiaries and affiliates of the group of companies have indexed wages by an average of 8%.
- In 2025, the PI "Center for Social Interaction and Communications" conducted a survey on the engagement of employees of "Samruk-Energy" JSC to assess their well-being in four key areas: health, involvement, social, physical and mental well-being, as well as financial stability. According to the results of the study of administrative and managerial personnel for 2025, the Index for the group of companies of "Samruk-Energy" JSC amounted to 59%. This is 13 percentage points higher than last year (46%).
- In 2025, a sociological study was conducted among production personnel using the Samruk Research Services methodology to analyze social stability. According to the results of the survey, the integral SRS indicator was 77%.
- Share of senior managers in significant regions of the organisation's activities hired from among representatives of the local population 100%.
- The share of the group of companies in the electricity market of Kazakhstan amounted to 32.8%
- The share of renewable energy generation in the electricity market of Kazakhstan is 6.4%.
- The company's share in production amounted to 39% of the total coal production of the Republic of Kazakhstan.
Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
UN SDG targets
- 4.4. By 2030, substantially increase the number of youth and adults with the necessary skills, including technical and vocational skills, for employment, decent work and entrepreneurship.
Projects/tasks/KPIs of the company
- The Jas Energy Youth Council is functioning.
- The Rules for organizing and conducting practice and internship in "Samruk-Energy" JSC were approved.
- Action plan for the implementation of the youth policy of "Samruk-Energy" JSC.
2025 results
The development strategy defines personnel as the main strategic resource and a significant competitive advantage of the Company. In the context of the expected growth in the volume of generation and the active development of renewable energy sources, work continues to create conditions for increasing the human resources potential of the industry. The company strives to become one of the most prestigious employers in its regions of presence.
- 800 students underwent practical training in the Company, more than 70 students underwent dual training.
- about 30 new agreements and memoranda of cooperation were concluded with educational institutions, excluding educational institutions with which the Company works on an ongoing basis.
- "Samruk-Energy" JSC continues to actively develop partnerships with leading universities and colleges of Kazakhstan, including "AUPET" NJSC, "Al-Farabi Kazakh National University" NJSC, D. Serikbayev East Kazakhstan Technical University, "Toraigyrov University" NJSC, "M. Auezov South Kazakhstan University", Mukhamedzhan Tynyshpayev ALT University, "Electrotechnical College", "Ekibastuz Polytechnic College" and other educational institutions.
- In 2025, the Company organised an international internship for students of NJSC "AUPET" at the University of Genoa (Italy) within the framework of the agreement with JSC "Almaty Electric Stations" and NJSC "AUPET" (dated 09/30/2024). Within the framework of the programme, 4 students underwent an internship lasting one semester (120 days). The internship was successfully completed in December 2025, providing participants with a unique opportunity to gain international experience and in-depth knowledge in the field of modern combined cycle gas turbines and thermal power engineering.
- A competition was organised, as a result of which 16 educational grants were allocated for university students
- With the aim of social and professional development of the individual through the exchange of thoughts and experience, the IV Youth Forum of Working Professions was held in the format of an information session "Working Professions: Energy of the Future". The event was attended by 100 young blue-collar workers from all subsidiaries and affiliates of Samruk-Energy Group.
- As part of the youth policy development programme in the group of companies of Samruk-Kazyna JSC, a selection of young specialists was carried out from Bogatyr Komir LLP, Alatau Zharyk Company JSC and Shulbinsk HPP LLP to participate in the 7 Qadam PRO programme. The "7 Qadam master" programme was attended by 3 employees and 3 mentors in the specialties of labour protection, laboratory and chemical analysis and electrical installation.
Achieve gender equality and empower all women and girls
UN SDG targets
- 5.1 End all forms of discrimination against all women and girls everywhere.
- 5.2 Eliminate all forms of violence against all women and girls in the public and private spheres, including trafficking and sexual and other forms of exploitation.
- 5.5 Ensure the full and effective participation of women and equal opportunities for leadership at all levels of decision-making in political, economic and public life.
- 5.C Adopt and strengthen sound policies and enforceable legislation to promote gender equality and the empowerment of all women and girls at all levels.
Projects/tasks/KPIs of the company
- Statement of Support for the Empowerment Principles Signed developed through the UN Women partnership and the UN Global Compact.
- The Action Plan to increase the share of women in the Management Board of "Samruk-Energy" JSC and the Management Boards, Supervisory Boards/Boards of Directors of subsidiaries and affiliates of "Samruk-Energy" JSC to 30% by 2030 was approved.
- The KPI Increase in the number of women in the workforce has been established.
- A KPI has been established to increase the number of women in the talent pool.
2025 results
- There are no confirmed cases of discrimination, harassment, harassment.
- The share of women in the group in the company is 26%.
- The share of women in the Board of Directors of Samruk-Energy is 14%.
- The share of women in the Group's Board/Supervisory Board is 29% (87 members, of which 24 are women).
- In 2024, a united Women's Club was established in "Samruk-Energy" JSC to support and develop women.
- On 24 October 2025, the Forum-training for women of "Samruk-Energy" JSC "Leadership, Inspiration, Awareness and Efficiency" was held, aimed at the development of leadership competencies, awareness and personal effectiveness, with the participation of women leaders and intensive training sessions, which covered 80 representatives of the corporate centre and subsidiaries of the Company.
- On 30-31 October 2025, within the framework of the Year of Working Professions in Almaty, KIMEP implemented a two-day development programme for women working professions of the Samruk-Energy JSC group of companies "Shabyt Zholy Energy Salasyndagy Ayelder", aimed at strengthening their role in the production sector, developing professional competencies and revealing personal potential.
Ensure availability and sustainable management of water and sanitation for all
UN SDG targets
- 6.3 By 2030, improve water quality by reducing pollution, eliminating waste dumping and minimizing releases of hazardous chemicals and materials, halving the proportion of untreated wastewater and significantly increasing recycling and the safe reuse of wastewater worldwide.
- 6.4 By 2030, substantially improve water use efficiency across all sectors and ensure sustainable extraction and supply of freshwater to address water scarcity and significantly reduce the number of people suffering from water scarcity.
Projects/tasks/KPIs of the company
- Action plan for the management of labour protection and environmental protection issues in "Samruk-Energy" JSC Group of Companies.
- Water management plans
Objectives
- increase in the share of reused and reused water
- minimizing risks in relation to water use
- improving the quality of discharged wastewater.
In the Environmental Safety Program of "Samruk-Energy" JSC. The following measures for effective water resources management are included
- Reduction of water intake per unit of production
- Compliance with water quality requirements, including wastewater
- Repair of hydraulic ash removal systems, pipelines and pumping equipment at treatment facilities.
2025 results
- As part of our water conservation strategy, we have made extensive use of closed-loop water supply systems, including storage cooling reservoirs and once-through ash disposal systems at Ekibastuz TPPs. The Almaty CHPPs used recirculating cooling systems with cooling towers, as well as water from ash dumps, which contributed to improving the efficiency of water use and protecting the environment.
- In 2025, the state of water bodies was regularly monitored by accredited specialised laboratories in accordance with the Industrial Environmental Control Programme, including the determination of the chemical composition and quality of surface, groundwater and wastewater.
- In the reporting period, SDCs did not record a single case of exceeding the maximum permissible concentrations of pollutants in wastewater discharges.
- All production enterprises have implemented Water Resources Rational Use Plans with measures to reduce the use of fresh water, the discharge of normatively treated water, water losses during transportation and the introduction of wastewater reuse systems.
Access to affordable, reliable, sustainable and modern energy
UN SDG targets
- 7.1 By 2030, ensure universal access to affordable, reliable and modern energy services.
- 7.2 By 2030, significantly increase the share of renewable energy sources in the global energy mix.
- 7.3 By 2030, double the global rate of energy efficiency improvements.
- 7.A By 2030, enhance international cooperation to facilitate access to clean energy research and technologies, including renewable energy, energy efficiency and advanced and cleaner fossil fuel technologies, and encourage investment in energy infrastructure and clean energy technologies.
2025 results
As part of the strategy, to cover the growing demand for electricity, it is planned to commission new capacities, primarily at the expense of renewable energy and coal-fired generation facilities to cover the basic demand. Also, in order to compensate for daily fluctuations in demand and uneven generation by renewable energy facilities, it is planned to commission manoeuverable gas stations, hydro-generating facilities with manoeuverable modes of operation and energy storage systems.
- During 2025, work continued on the implementation of key infrastructure projects, which will increase the installed capacity of solar power plants from 8.0 GW in 2024 to 23.5 GW by 2033 (data on the Development Strategy 2024-2033).
- At the end of 2025, the volume of electricity production of "Samruk-Energy" JSC reached 40,436 million kWh, exceeding the figure for 2024 by 1.7%.
- Electricity generation by renewable energy facilities of Samruk-Energy JSC in 2024 amounted to 553 million kWh, which corresponds to 6.4% of the total share of renewable electricity generated in the Republic of Kazakhstan.
- A key indicator of reliability is a reduction in the number of technological failures. As a result of the implementation of the planned activities, the systematic daily work of power engineers, and consistent investment of funds, it was possible to reduce their number by 7% compared to 2024.
- At the end of 2025, 67 (with a plan of 65) various measures were implemented, the implementation of measures to improve energy efficiency in the group of companies of "Samruk-Energy" JSC made it possible to save more than 247 thousand tonnes of coal equivalent (tce) in the amount of 2.7 billion KZT (with a plan of 1.5 billion KZT).
- Measures taken to improve energy efficiency in "Samruk-Energy" JSC group of companies reduced energy consumption to 9,616 thousand GJ
- In 2025, the Energy Saving and Energy Efficiency Program was updated. During the development of the Program, 12 production subsidiaries of the Company were inspected, organisational, technical, regulatory, personnel and other measures were formed to save energy and improve energy efficiency.
- On 11 November 2025, the annual competition "The Best Rationalisation Proposal for Energy Saving and Energy Efficiency Improvement" was held. The event is aimed at encouraging active employees of subsidiaries, creating a sustainable innovative environment and introducing practice-oriented technological solutions in production activities.
- On 11 December 2025, Samruk-Kazyna JSC held the Best Innovative Company competition for the first time, aimed at supporting technological development and encouraging innovative activity in portfolio companies. In the nomination "Best Innovator" the winner was Dmitry Martynenko, an employee of Ekibastuz GRES-2.
Promote inclusive and sustainable economic growth, employment and decent work for all
UN SDG targets
- 8.5. By 2030, achieve full and productive employment and decent work for all women and men, including youth and people with disabilities, and equal pay for work of equal value.
- 8.7. Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking, and prohibit and eliminate the worst forms of child labour, including the recruitment and use of child soldiers, and end child labour in all its forms by 2025.
- 8.8. Protect labour rights and promote safe and secure working conditions for all workers, including migrant workers, in particular migrant women, and persons in precarious employment.
Projects/tasks/KPIs of the company
- Personnel policy of "Samruk-Energy" JSC
- Anti-discrimination policy
- Human Rights Policy
2025 results
- The company educates employees on issues of inclusion and equality. In November 2024, HR professionals received training on the topic of "Diversity, Equity and Inclusion (DEI)" to increase awareness and understanding of the importance of equal opportunities in the workplace.
- The project "Talimger". As part of the implementation of the "Talimger" project and the Year of Working Professions in the group of companies of "Samruk-Energy" JSC, the Fund provided a quota for the employment of 5 orphans. The group of companies successfully exceeded the established quota - in 2025, 8 orphans were employed.
- As part of the implementation of the Roadmap for improving the sustainable management system, the implementation of the Program for creating an accessible and inclusive environment for persons with disabilities (PWS) in "Samruk-Energy" JSC group of companies continued. The main goals of the programme are to employ PWDs, remove physical and technical barriers in the workplace, and provide social guarantees and benefits.
- Subsidiaries and affiliates have created the necessary conditions for the comfortable work of employees with disabilities: parking spaces have been equipped, ramps with call buttons, tactile tiles have been installed, and sanitary and amenity rooms have been adapted. Priority service for citizens with disabilities is provided, including the possibility of submitting appeals and applications in an online format.
- At the end of the reporting year, the Company managed to maintain the number of employees with disabilities on the payroll. At the end of the year, 213 people with disabilities worked in the Company's group of companies.
- The ratio of the minimum wage for women to men is 100%.
Building sustainable infrastructure, promoting sustainable industrialisation and fostering innovation
UN SDG targets
- 9.1. Develop quality, reliable, resilient and resilient infrastructure, including regional and cross-border infrastructure, to support economic development and human well-being, with a focus on accessible and equitable access for all.
- 9.4. By 2030, modernise infrastructure and industries to make them sustainable, improve resource efficiency, and increase the adoption of clean and environmentally sound technologies and industrial processes, with all countries taking measures according to their capabilities.
- 9.5. Enhance research and technological capacity of industrial sectors in all countries, in particular developing countries, including by 2030 by stimulating innovation and significantly increasing the number of R&D workers per 1 million people, as well as public and private R&D spending
2025 results
As part of the implementation of the strategic goal on efficiency, work continues to improve energy efficiency and introduce energy-saving technologies and processes, improve operational efficiency, and introduce modern digital solutions and technologies, including artificial intelligence.
- Expenses for social support in the regions of presence are 10 million KZT.
- KZT 89 million were the costs of maintaining production assets.
- 449 million KZT was allocated for the implementation of investment projects, including renewable energy facilities.
- 229 million KZT were capital investments, including in renewable energy sources.
- Implementation of the "Samruk Úmiti" project: a career guidance event was held and patronage was initiated over 4 pupils of the orphanage in Ridder on the basis of the Ust-Kamenogorsk HPP with the support of "Samruk-Energy" JSC.
- R&D is being carried out under the project "Carbon Capture and Storage Technologies (CCS), Production of Coal Chemistry Products".
Ensuring sustainable consumption and production patterns
UN SDG targets
12.2 By 2030, achieve sustainable management and efficient use of natural resources.
12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.
12.6. Encourage companies, especially large and multinational companies, to adopt sustainable practices and include sustainability information in their reporting cycle.
Projects/tasks/KPIs of the company
Corporate Standard for Environmental Protection Management in "Samruk-Energy" JSC Group of Companies
Action plan for the management of labour protection and environmental protection issues in "Samruk-Energy" JSC Group of Companies
Environmental Safety Program of "Samruk-Energy" JSC Group of Companies
2025 results
- Environmental issues are managed at all levels of the Company through an environmental management system integrated into corporate governance and non-financial risk management. The Guidelines for Responding to Environmental Emergencies were approved. The system is regularly evaluated and improved with the participation of international experts.
- All types of waste in subsidiaries and affiliates are identified on the basis of inventory.
- Bogatyr-Komir LLP reduces overburden disposal by using internal dumps and conducting insulation to prevent spontaneous combustion.
- Ash and slag is buried with dust suppression and reclamation measures, part is processed for construction.
- No radioactive waste is generated. Quarterly radiation monitoring is carried out at enterprises and in sanitary protection zones, no exceedances of the permissible level have been recorded.
- The Company annually prepares Integrated Reports, where it discloses its impact on resource consumption in "Samruk-Energy" JSC Group of Companies in 3-year dynamics.
- Adapted forms have been adopted to collect information on waste management in accordance with international sustainability reporting (GRI) requirements.
- Subsidiaries and affiliates transfer hazardous production waste to specialised organisations for the purpose of their safe handling, disposal and/or neutralisation.
Take urgent action to combat climate change and its impacts
UN SDG targets
13.1 Increase resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
13.3 Improve education, awareness-raising, and human and institutional capacity for climate change mitigation, adaptation, impact mitigation and early warning
Projects/tasks/KPIs of the company
Energy Transition Program for 2022-2060.
Climate Corporate Governance Policy of "Samruk-Energy" JSC
Action Plan for the implementation of the Energy Transition Program of "Samruk-Energy" JSC until 2060"
Regulation on management of climate processes of "Samruk-Energy" JSC
2025 results
In the SE Development Strategy for 2024-2033, one of the key goals is the energy transition. Within the framework of this goal, the key and most ambitious task is the construction of new renewable energy and hydroelectric power facilities. In terms of increasing volumes by type of generation, the largest contribution will be made by renewable energy projects, which account for 6.2 GW of installed capacity growth (40%). To achieve the goal of the energy transition, SE continues to work on decarbonisation and reducing the carbon footprint.
- In accordance with the Energy Transition Program of "Samruk-Energy" until 2060, the Company sets goals and develops a long-term vision for low-carbon development by improving energy efficiency, using low-carbon technologies (available on the market), developing renewable energy sources and using offset mechanisms. Due to the significance of global trends to limit climate change and the risks associated with activities based on traditional generation, "Samruk-Energy" JSC will strive to minimise its negative impact on the environment in the horizon until 2060.
- On 28 March 2025, the Climate Corporate Governance Policy of "Samruk-Energy" JSC was approved (Minutes of the Management Board of the Company No. 9). This document fixes the responsibility of the management for achieving climate goals and brings the company's management in line with the TCFD recommendations.
- On 3 April 2025, the Action Plan for the implementation of the Energy Transition Program of "Samruk-Energy" JSC until 2060" was approved (Minutes of the Management Board of the Company No. 10), which spells out clear deadlines and responsibilities for the implementation of the necessary measures in the areas described in the SEP to achieve carbon neutrality.
On 13 November 2025, the Regulation on the management of climate processes of "Samruk-Energy" JSC was approved (Minutes of the Management Board of the Company No. 34), which clearly spells out the mechanism of interaction between structural units to achieve common climate goals
- Climate risks were assessed at key production facilities. Adaptation measures have been developed and implemented. A consolidated risk register has been developed that defines and separates climate and transition risks in detail.
- The Company actively participates in national and international climate forums, sharing its experience in reducing its carbon footprint and adapting to climate change. At the regional energy forum "Power Central Asia + China" (June 2025), where "Samruk-Energy" presented the Energy Transition Program until 2060. Within the framework of the XVI Eurasian Forum KAZENERGY (October 2025), "Samruk-Energy" JSC focused on the balance between ensuring energy security and fulfilling climate commitments. Also, commitments to the development of renewable energy sources, as one of the decarbonisation tools, were discussed with international partners at COP30 (UN Climate Change Conference).
On 25 November 2025, a training session was held for the Board of Directors and top management of "Samruk-Energy" JSC in the field of ESG with the participation of McKinsey & Company on the topic "Overview of the current energy system in the world and the forecast of energy development in various scenarios (Global Energy Perspective 2025)".
Establishment of the University of Genoa Competence Centre
The project for the reconstruction of CHPP-2 and CHPP-3, including the transition to gas and the construction of gas turbine units, is strategically important for the modernisation of Kazakhstan's energy infrastructure. To train highly qualified personnel in this area, a series of meetings were held with representatives of AUPET, “AlES” JSC, ANSALDO and the University of Genoa. As a result, several agreements were signed aimed at training students as part of an international internship, and the task was set to create a Competence Center at the University of Genoa on the basis of the Department of Thermal Power Engineering at AUPET. This is part of a long-term strategy for international cooperation.
The project is aimed at training specialists in combined cycle plants, which is of great importance for the development of the energy sector of Kazakhstan.
Emissions of fluorinated greenhouse gases in terms of CO2 equivalent (tonnes) were recorded.
| Name of fluorinated GHG | 2025 |
|---|---|
| Hydrofluorocarbons (HFCs) | 285,740 |
| Perfluorocarbons (PFCs) | 0 |
| Difluorochloromethane (CHClF2) | 22,716 |
| Sulphur hexafluoride (SF6) | 2,585 |
| Trifluoride nitrogen (NF3) | 0 |
| Tetrafluoromethane (CF4) | 2,168 |
| Total for "Samruk-Energy" JSC | 313,209 |
Sustainable forest management, combating desertification, stopping the and reversing land degradation, halting biodiversity loss
UN SDG targets
15.1 By 2020, conserve, restore and sustainably use terrestrial and inland freshwater ecosystems and their services, including forests, wetlands, mountains and drylands, in accordance with obligations under international agreements.
15.5 Take immediate and meaningful action to halt the degradation of natural habitats, halt the loss of biological diversity and, by 2020, conserve and prevent the extinction of endangered species
Projects/tasks/KPIs of the company
Corporate Standard for Environmental Protection Management in "Samruk-Energy" JSC Group of Companies.
Action plan for the management of labour protection and environmental protection issues in "Samruk-Energy" JSC Group of Companies.
Environmental Safety Program of "Samruk-Energy" JSC Group of Companies
2025 results
- To protect aquatic ecosystems at individual HPPs, hydroturbines are equipped with fish protection devices, and at night, water intakes are illuminated to scare away fish.
- To protect birds, power lines are being reconstructed with the installation of insulated wires.
- The operating modes of hydroelectric power plants are coordinated with water and environmental authorities to reduce the impact on ecosystems.
- When designing wind turbines, the impact on the environment is taken into account, light pollution is minimised, and lighting is limited to parking lights.
- Subsidiaries and affiliates annually carry out landscaping of sanitary protection zones.
- According to monitoring, no significant impact on vulnerable ecosystems was recorded in 2025.
Promote just, peaceful and inclusive societies
UN SDG targets
16.5 Substantially reduce corruption and bribery in all their forms
16.10. Ensure public access to information and protect fundamental freedoms in accordance with national legislation and international agreements.
16.B Promote and enforce non-discriminatory laws and policies for sustainable development.
Projects/tasks/KPIs of the company
"Samruk-Energy" JSC Group of Companies has appointed Compliance officers, whose powers include, among other things, issues of anti-corruption expertise and work.
Corruption risks are analyzed annually.
Compliance officers conduct compliance checks of counterparties (due diligence), including for their involvement in corruption offenses.
Explanatory work on anti-corruption issues is being carried out.
There are equal opportunities in employment, career growth and remuneration.
Assessments of compliance with ethical standards and non-discrimination are carried out on a regular basis.
2025 results
Within the framework of strategic planning, the main priority areas in improving corporate governance remain
- Improving the efficiency of the Board of Directors, the Executive Body and their committees
- Clear division of powers between the Company's bodies and divisions
- Elimination of corporate conflicts and conflicts of interest
- Improvement of the management reporting system
- Information transparency for all stakeholders
- Improvement of the internal control system
- Automate risk management processes
In the reporting period, there were no confirmed cases of corruption and bribery.
More than 290 training events were held with explanations on changes in anti-corruption legislation, tax declaration and the procedure for the operation of the hotline.
"Samruk-Energy" JSC has confirmed its compliance with international standards and received the ISO 37301 "Compliance Management System" certificate. "Samruk-Energy" JSC was one of the first in the Fund's group of companies to implement and certify a compliance management system in accordance with this international standard.
Strengthen the global partnership for sustainable development
UN SDG targets
17.16. Strengthen the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilise and share knowledge, expertise, technology and financial resources to support the achievement of sustainable development goals in all countries, in particular in developing countries.
Projects/tasks/KPIs of the company
The company is a member of the following national and international organisations
- CIS Electric Power Council
- Kazakhstan Electric Power Association
- National Chamber of Entrepreneurs of the Republic of Kazakhstan
- Membership in the KAZENERGY Association
- Union of Mechanical Engineers of Kazakhstan
- ECOJER Association
- World Energy Council
- UN Global Compact
- National Confederation of Employers of the Republic of Kazakhstan "Paryz"
2025 results
- From 24 January to December 2025, the Chairman of the Management Board of the Company took part in an in-person meeting of the Board of Directors of the Kazakhstan Electric Power Association.
- On 6 February 2025, the Chairman of the Management Board of the Company took part in a meeting on the development of the energy and nuclear industry chaired by the Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar.
- On 18 February 2025, the Chairman of the Management Board of the Company took part in the Working Group on Improving the Regulatory Framework for Digital Assets.
- On 26 February 2025, the Chairman of the Management Board of the Company took part in the expanded board of the Ministry of Energy of the Republic of Kazakhstan, dedicated to the discussion of the results of 2024 and tasks for 2025.
- On 9 July 2025, a working meeting between the Chairman of the Management Board of the Company and the Chairman of the CIS EC UES.
- On 2 October 2025, the Chairman of the Management Board of the Company took part in the round table "Investments in the Energy Infrastructure of Central Asia" as part of Kazakhstan Energy Week 2025/Kazenergy Eurasian Forum.
- 5 December 2025 - The Chairman of the Management Board of the Company took part in the meeting of the Coordination Council of the Union of Mechanical Engineers of Kazakhstan.
- On 9 December 2025, the Chairman of the Management Board took part in a meeting of the Council of the KAZENERGY Association.
