ESG factors are becoming an integral part of the transformation of Kazakhstan's financial sector. As expectations from regulators, investors and other stakeholders grow, banks are strengthening the integration of ESG approaches into corporate governance, risk management and strategic planning.
The second edition of KPMG's study on ESG risk management in Kazakhstan's banking sector is based on the results of the Global ESG Risk Survey 2026, which brought together the views of banks from 23 countries as well as survey participants from Kazakhstan. The study examines key global trends in ESG risks, analyses their impact on Kazakhstan's banking sector and offers practical insights for financial institutions.
Today, the focus of international practice is shifting from developing ESG policies to their practical implementation. Among banks' main priorities are improving the quality of ESG data, developing scenario analysis and integrating transition planning into risk management and decision-making processes.