In light of international commitments to decarbonization and smooth transition to green and socially-oriented national economies, the need for ESG in Kazakhstan and Central Asia countries arises for different groups:
- Community and population: to improve the quality of life and environmental conditions and raise public awareness and involvement in sustainable development processes.
- Government and regulatory authorities: to promote sustainable development, improve environmental and social standards, and leverage international investments.
- Business community: Large corporations and national companies with a purpose of leveraging international investments, improving goodwill, meeting global standards, enhancing competitiveness and boosting operational efficiency.
- Investors: They are interested in companies with high ESG ratings in order to reduce the risks and improve long-term sustainability.
- Public organizations and NGOs: to monitor and promote environmental initiatives and ensure social improvements in labor conditions, human rights protection and living standards.
- Financial institutions: to assess ESG-related risks and opportunities and develop new sustainability-oriented financial products.
- Academic and research institutes, universities and scientific organizations: to conduct research and develop new approaches to sustainable development and ESG.
The development and implementation of ESG practices in Kazakhstan and Central Asia facilitates sustainable economic growth, improves the quality of life and enhances the international competitiveness of the region.
