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      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.

      KPMG expertise


      Banks in Kazakhstan and ESG risks: A new stage of ESG Risk Management

      KPMG Supplemental Slides



      Contact us:

      Gabit Musrepov

      Partner, Head of ESG and Corporate
      Governance Practice
      KPMG Caucasus and Central Asia
      E: gmusrepov@kpmg.kz

      Anuar Kazbekov

      Director of the Sustainability Team
      KPMG Caucasus and Central Asia
      E: akazbekov@kpmg.kz

      Renat Sailau

      Sustainability Team Manager
      KPMG Caucasus and Central Asia
      E: rsailau@kpmg.kz