Corporate Responsibility – KAZPETROL GROUP

Corporate Responsibility - KAZPETROL GROUP

Kazpetrol Group: Environmental Protection Commitment

Environmental Protection Principles From the outset, Kazpetrol Group has prioritized environmental protection (EP), integrating it into the core of its business and social activities. The company’s management system for environmental protection is based on several key principles:

  1. Regulation and Restoration
    • Proposing and implementing initiatives for the protection, restoration, and preservation of the environment.
    • Ensuring sustainable use and reproduction of natural resources in economic activities.
  2. Continuous Improvement
    • Continuously improving environmental indicators to prevent future pollution.
    • Achieving company goals for a favorable environment and public health.
  3. Transparency and Openness
    • Engaging in open dialogue with NGOs, communities, and public authorities on all EP-related matters.
  4. Compliance with Regulations
    • Ensuring environmental regulations align with social and economic development based on environmental conditions.
    • Applying best practices in ecologically clean and resource-saving technologies.
  5. Adherence to Standards
    • Strictly observing environmental standards and legislative provisions.
    • Harmonizing Kazakhstan’s environmental legislation with international principles and norms.

Kazpetrol Group’s Achievements and Initiatives Operating in the Syrdarya district of Kyzylorda region, Kazpetrol Group focuses on harmonizing oil production with environmental quality maintenance. Key achievements and ongoing initiatives include:

  1. Environmental Protection Investments
    • Allocating significant funds annually for environmental protection measures, resource-saving technologies, and processes meeting international standards.
    • In 2019, 298.04 million tenge was spent on environmental protection, decreasing to 181.9 million tenge in 2020 due to completed initiatives.
  2. Associated Gas Management
    • Prioritizing the environmentally safe use of associated gas produced in its fields.
    • Developing and implementing specialized programs for the development and processing of associated gas.
  3. Waste Management
    • Regularly registering all types, quantities, and origins of waste generated during operations.
    • Contracting specialized companies for waste removal, ensuring safe disposal of production and consumption waste.

Commitment to Sustainable Development Kazpetrol Group’s commitment to environmental protection is integral to its operations, reflecting a broader dedication to sustainable development in Kazakhstan. By investing in resource-saving technologies and adhering to stringent environmental standards, the company aims to balance industrial activities with the preservation of a healthy and favorable natural environment.