Climate Change Data

Environmental Metrics

ESG Focus Areas

• High Performance
• Protect People and the Environment
• Diversity and Inclusion
• Integrity and Trust
• Partnership

Environmental Achievements

• Reduced total air emissions generated per ton of oil produced by 70 percent since 2000.
• Reduced total gas flaring volumes by 79 percent since 2000.
• Increased annual recycled water rate to over 30 percent of overall consumption.
• Reclaimed/remediated 1,327 ha of technologically disturbed lands (94% of targeted area).
• Removed approximately 2.8 tons of unused nets from the Caspian Sea and sent them for recycling.

Social Achievements

• 83% of TCO employees were Kazakhstani citizens; 67% of supervisor and managerial positions held by Kazakhstani citizens.
• 156 Kazakhstani specialists appointed to managerial and key engineering positions.
• Invested more than $1.4 billion in social investment projects and programs in Atyrau Oblast since 1993.
• Allocated $25 million for the construction of social projects (schools, kindergartens, etc.) through the Egilik program.
• Spent over $1 million on projects aimed at improving education, healthcare, and entrepreneurship opportunities in Atyrau Oblast through the Community Investment Program (CIP).

Governance Achievements

• Updated the TCO Way, a guiding document outlining the company's mission, vision, and core values.
• Held FGP-WPMP Consultation Meetings with over 550 community members.
• Conducted annual Community Advisory Council (CAC) Meetings with stakeholders.
• Maintained open communication with government representatives and the media.

Climate Goals & Targets

Environmental Challenges

• Increase in gas flaring from 2014 through 2016 due to equipment replacement and reliability improvements.
• Fatigue among drivers identified as a root cause of motor vehicle accidents.

Mitigation Strategies

• Implemented major projects on flaring reduction (gas processing capacity expansion, gas export pipeline capacity growth, gas utilization).
• Deployed a driver fatigue management system using cameras, face-monitoring, and AI, decreasing fatigue-related accidents by 96 percent.

Supply Chain Management

Responsible Procurement

• Focus on Kazakhstani content; worked with suppliers to meet quality, safety, and cost standards.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Safety
• Environmental Performance
• Workforce Development
• Community Investment
• Kazakhstani Content Development

Environmental Achievements

• Reduced air emissions by 71% since 2000, despite a 2.6-fold increase in crude oil production.
• Reduced gas flaring by 68% from 2017 to 2020.
• 99% of produced gas is exported or used internally.
• Increased water reuse rate to approximately 49.2% by December 2020.
• Recycling/reuse of waste achieved 64%.

Social Achievements

• 84% of TCO's workforce in the Base Business (including FGP-WPMP) are Kazakhstani citizens.
• 85% of managers and supervisors in the Base Business are Kazakhstani.
• Invested over $81 million in training programs for employees since 2008.
• Implemented various social programs and infrastructure projects, investing $50 million in community support and $4.2 million in long-term development projects for social business over two years.
• Supported the Republic of Kazakhstan during the COVID-19 pandemic with medical equipment and supplies worth 4.5 billion tenge.

Governance Achievements

• Successfully operated within greenhouse gas (GHG) emissions quota despite revisions in RoK regulations.
• Implemented a Supplier Development Program with EBRD, resulting in a 66% increase in turnover for 73% of assisted companies.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and low oil prices in 2020.
• Maintaining high Kazakhstani content while ensuring international quality and safety standards.

Mitigation Strategies

• Prioritized employee safety and health during the pandemic, implementing demobilization and repatriation measures.
• Worked closely with RoK authorities to coordinate pandemic response efforts.
• Continued safe execution of FGP-WPMP activities.
• Collaborated with EBRD to implement a Supplier Development Program to build capacity among Kazakhstani suppliers.

Supply Chain Management

Responsible Procurement

• Supplier Development Program with EBRD
• Focus on developing Kazakhstani suppliers meeting international standards

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Community Well-being

Environmental Achievements

• 75% reduction in air emissions intensity since 2000
• 57% reduction in gas flaring in the last 5 years
• 49% water reuse rate
• 63% waste recycling and treatment rate
• Reclamation of 1.64 hectares of land contaminated by oil and oil-containing substances
• Release of 50,000 sturgeon fries into the Ural River
• Planting of 9,030 trees on 15 hectares in Kulsary
• Collection of 3,000 kg of abandoned fishing nets from the Caspian Sea

Social Achievements

• Organization of a Waste Management Forum with broad external participation
• Several Saturday cleanup days involving employees and the local community
• Development of an illustrated handbook on local flora and fauna

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Minor exceedance of SO2 concentrations in emissions from the TCOV boiler house
• Minor exceedances for certain parameters were observed during discharges to evaporation ponds

Mitigation Strategies

• Immediate mitigation steps were taken to address SO2 exceedances
• Mitigation measures were immediately activated to resolve wastewater discharge issues

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic Progress in Kazakhstan
• Community Wellbeing
• Environmental Protection
• Local Business Development
• Workforce Development
• Digitalization

Environmental Achievements

• Reduced CO2 emissions by 76% per ton of crude oil produced since 2000
• 99% of produced gas utilized
• 43% waste reuse/recycling rate
• 45% water reuse rate

Social Achievements

• Invested over $385 million in 120+ social infrastructure projects since inception
• $25 million invested in "Egilik" program in 2023 (2 schools, 75-bed hospital)
• $2.5 million invested in Community Investments Program (CIP) in 2023 (21 projects)
• 95% of base business positions held by Kazakhstani citizens
• 87% of managerial workforce are Kazakhstani managers and supervisors
• Over 450 Kazakhstani specialists replaced foreign colleagues in key positions since 2007
• Recognized as the most attractive employer in Kazakhstan for the third year in a row

Governance Achievements

• Recognized as the best taxpayer in Kazakhstan in Subsoil User category for flawless tax performance
• Transparent contract and procurement plan published on external website
• Implementation of electronic Work Permit (ePTW) system

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Expression of Interest portal (SEOI), annual publication of contract and procurement plan

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed