Sustainable development KPIs of KMG’s management

To meet the 2023 strategic sustainability objectives and ensure sustainable development and gradual reduction in carbon intensity of production, the Board of Directors approved motivational KPIs for the Chairman of the Management Board (corporate KPIs), Management Board members, heads of units and chief executive officers of subsidiaries and associates. These KPIs include:

  • corporate KPIs linked to investment projects, including in the realm of sustainable development, a comprehensive OHS indicator aimed at reducing LTIR, and identifying and communicating, among other things, unsafe working conditions and potential hazards throughout the Group;
  • KPIs for the Management Board linked to investment projects, including in the realm of sustainable development, performance under the Low‑Carbon Development Programme Action Plan for 2022–2031, and the ESG rating;
  • a carbon footprint monitoring and reduction KPI for chief executive officers at subsidiaries and associates;
  • KPIs for implementing the Company’s sustainability goals for the heads of units, including:
    • reduction of associated petroleum gas flaring;
    • recovery of historical oil wastes;
    • automation of industrial safety and labour protection management;
    • development of Water Resources Management Programme;
    • implementation of the Employee Health Management Action Plan for 2023–2025;
    • income from the sale of carbon credits;
    • development of KMG’s internal carbon pricing mechanism;
    • targeted audit of process furnaces and boiler equipment for identifying technically and economically feasible opportunities for improving fuel and natural gas utilisation efficiency at producing subsidiaries and associates;
    • preparation for initial TCFD disclosure;
    • screening of CO₂ emission sources and reservoirs suitable for CO₂ injection at KMG’s assets (CCS/CCUS pilot);
    • conducting industrial relations screening to study social and living conditions at subsidiaries and associates / jointly controlled entities in accordance with Samruk‑Kazyna’s Corporate Standard for the Development of Industrial Relations.