The Bank’s sustainability activities

Events

• 2024 Sep
  On September 13, as part of a trip to China, DBK representatives attended the One Belt, One Road Summit in Hong Kong, focusing on financing sustainable infrastructure projects, developing transport and logistics infrastructure, and driving innovation within the initiative
• 2024 Aug
  On August 9, Development Bank of Kazakhstan JSC issued the annual report for 2023, verified by PwC. The Bank disclosed information in accordance with the international requirements of GRI, SASB, IFRS S1 and IFRS S2 (previously – TCFD recommendations), as well as the requirements of the national regulator - the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market and the Rules of the Kazakhstan Stock Exchange KASE
• 2024 Jul
  On July 30, Development Bank of Kazakhstan JSC held the second panel session «DBK Talks: Sustainable Development». The event was attended by experts, representatives of government agencies and financial sector. The main purpose of the session was to share best practices and ideas in the field of ESG (environment, social responsibility and corporate governance)
• 2024 Jun
  On June 27, Development Bank of Kazakhstan JSC as a member of the Green Investment Principles, participated in the forum "Expanding Opportunities for Ensuring Sustainability: Innovative Financial Solutions for Sustainable Investments" in Hong Kong, organized by the Capacity-building Alliance for Sustainable Investment (CASI)
• 2024 Jun
  On June 5, Development Bank of Kazakhstan JSC took part in the Sustainable Trends Kazakhstan Forum - 2024, where it presented its experience in implementing ESG initiatives in the activities of the Bank and its borrowers
• 2024 May
  On May 20, the Development Bank of Kazakhstan (a subsidiary of Baiterek Holding) was awarded a number of prizes by the Association of Development Finance Institutions in Asia and the Pacific (ADFIAP). The bank received special awards in the categories of Best Website and Best Sustainability Report.
• 2024 Apr
  On April 26, the Development Bank of Kazakhstan joined the UN Global Compact
• 2024 Apr
  On April 16, the Development Bank of Kazakhstan placed 2 bond issues: the first issue in the amount of 500 million US dollars, the second debut issue of sustainable development Eurobonds in the amount of 100 billion tenge
• 2024 Mar
  On March 18–19, a working visit of representatives of the Development Bank of Kazakhstan to Beijing took place, during which the DBK officially joined the signatories of the Green Investment Principles for Belt and Road (GIP) in Central Asia
• 2024 Mar
  On March 12, the Development Bank of Kazakhstan was recognized in the nomination “Leader of the ESG Bond Market” as part of the annual award ceremony for companies participating in the capital market, held by the Kazakhstan Stock Exchange (KASE)
• 2024 Mar
  On March 6, the Development Bank of Kazakhstan organized an ESG seminar with the aim of exchanging experiences on integrating ESG principles into the activities of the bank and its borrowers
• 2024 Feb
  On 13 February, the Development Bank of Kazakhstan participated in the PwC Green Finance Conference
• 2023 Dec
  On 25 December, the Development Bank of Kazakhstan placed green bonds on the Astana International Financial Centre AIX exchange with CBI certification
• 2023 Dec
  On 15 December, the Development Bank of Kazakhstan was among the first in the country to receive an ESG rating from Sustainable Fitch at «3» with a total score of 60
• 2023 Oct
  On 27 October, the Long-Term Development Strategy of Development Bank of Kazakhstan for 2024-2033 was approved with the resolution of the Board of Directors (minutes # 320-2023-18). It defines strategic goals and key directions of the Bank’s development
• 2023 Apr
  ESG Roadmap until 2026 has been approved
• 2023 Mar
  On March 29, the Bank sold its debut issue of green bonds on the floor of the Kazakhstan Stock Exchange (KASE)
• 2023 Jan
  On January 25, the Criteria for assessing applicants for investment projects for compliance with ESG principles were approved

The Bank’s first ESG rating

On 15 December, 2023, the international agency Sustainable Fitch assigned ESG Bank a rating of «3» and an overall score of 60, which indicates a high assessment among financial institutions in Kazakhstan.

The Agency noted the Bank’s key ESG initiatives, which had a positive impact on the ESG rating:

Management approach