Sustainable development

Responsible investment

One of the strategic objectives of QIC is to assist in development of sustainable business based on internationally recognized environmental, social and management standards.

Today, QIC is working on transition to a model of "responsible investment". QIC strives to implement ESG factor assessment at all stages of the investment process - search for project proposals, making investment decisions, monitoring the life cycle of funded projects (including environmental and social impact assessment) and exit from the project.

The main goal of implementing the practice of "responsible investment" is to reduce the risks caused by portfolio companies on society and the environment, and to increase the sustainability of companies' business processes for development of their competitiveness.

Sustainable development policy

Thus, in order to enhance the positive environmental and social impact of project implementation, the Board of Directors approved an updated Sustainability Policy of QIC. The Policy establishes environmental and social requirements for investment recipients, as well as procedures for their application within the process of providing financial support and subsequent project monitoring.

To implement the Sustainability Policy, the QIC Sustainable Development Action Plan for 2025–2026 was approved. The Plan includes measures aimed at integrating sustainable development principles into QIC’s investment and operational processes, as well as improving intra-group corporate governance practices.

Sustainability reporting

QIC discloses information in the field of sustainable development within its Annual Report in accordance with the Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI).
Our Company recognizes that an integral part of this work is high-quality and timely engagement with stakeholders. Engagement with stakeholders is carried out within the framework of the Stakeholder Map, which is regularly updated by decision of the QIC Board of Directors. The Stakeholder Map defines the list of key stakeholders and the degree of their influence. It also enables the Company to systematize information on its impact on each stakeholder group and to develop an effective engagement strategy.

United Nations Association for Responsible Investment

As part of transition to "responsible investment" model, QIC joined the UN Principles of Responsible Investments Association in 2022. The members of the Association are international private equity funds and investment companies with activities aimed at developing the concept of "responsible investment" by introducing ESG standards into investment activities.

Joining the Association will increase the internal competencies of the company's employees in the field of responsible investment and will provide an opportunity to assess the progress of integrating ESG standards into business processes on an annual basis.

«Green» projects

QIC pays special attention to the implementation of "green" projects aimed at reducing the amount of carbon dioxide emissions into the environment, improving the welfare and quality of life of the country's population while minimizing the environmental burden and degradation of natural resources.
Today, QIC's investment portfolio includes the following implemented projects in the field of renewable energy sources with a total capacity of 82 MW.
1. The Baikonur solar power plant with a capacity of 50 MW in the Shieli district of the Kyzylorda region;
2. Kengir solar power plant with a capacity of 10 MW in the Karaganda region;
3. Hydroelectric power plant on Koksu River with a capacity of 7 MW in the Zhetysu region.
4. Arctic Green Energy China with a capacity of 15 MW geothermal resources exploration and geothermal production project.
By the end of 2024, the share of green projects in the QIC portfolio amounts to 5.9%.

Gender equality

Evaluation of the results on the success of achieving gender equality in the framework of the QIC's accession to the UN initiative "Women Empowerment Principles"

Qazaqstan Investment Corporation JSC has joined the UN global initiative "Women Empowerment Principles" (WEP). In August 2022, the company was successfully registered on the global WEP platform with the support of the UN Women Structure.

The signing of the WEP Principles is a public indication of QIC's interest and active position in promoting gender equality and women's empowerment.

Joining WEPs provides a number of practical benefits for organizations. Participants have access to online resources, including an extensive database of tools, materials and guides that help in the development and implementation of gender policy.

For example, QIC employees participate in training courses and webinars on gender equality and women's leadership, which helps to improve the skills of employees.

In addition, joining WEPs opens up opportunities for networking with an international network of companies and organizations working in this field, which allows you to share experiences and best practices. Participants also have access to tools to evaluate ongoing processes and develop strategies to improve the status of women in the organization.

In general, joining WEPs contributes not only to strengthening internal processes, but also to active participation in global efforts to support gender equality.

Thus, in its operational activities, QIC strives to improve gender equality within the company.

QIC does not discriminate on the basis of gender or gender, and adheres to the principles of ensuring equal opportunities for men and women in hiring, remuneration, evaluation, access to training, professional development and promotion.

As part of its philosophy and values, QIC strives to contribute to women's economic empowerment and works to create financial instruments to improve women entrepreneurs' access to financing sources.

ESG rating assignment

In 2025, the Sustainable division of the international rating agency Fitch reaffirmed the Corporation’s ESG rating at level '3'. The overall score increased from 59 to 60. This rating reflects QIC’s strong commitment to the principles of sustainable development.

The ESG rating is determined by the company's business orientation towards sustainable development, the broad integration of ESG issues into its investment and operational activities, as well as a good profile of corporate governance.