Occupational Safety

In 2024, for the first time, the Fund approved a new corporate Strategy for the Development of the Occupational Safety Management System.

The Strategy adopted key performance indicators for each of the four areas of industrial safety development: improving safety culture; safety in equipment operation; prevention of emergencies; and information and awareness raising.

In general, significant work was carried out to improve the occupational safety management system, increasing the level of safety culture of employees of the enterprises of Samruk-Kazyna JSC Group, as well as of achieving the indicators of the Development Strategy for 2024–2028, including:

1. More than 120,000 production workers have been trained in the Occupational Safety Culture training course.
2. Workplace Safety Leader modular programme was developed and accredited by the UK Institute of Occupational Safety and Health (IOSH).
3. Exchanging practices both within the group of companies of the Fund and with the advanced companies of the industry, namely, SSGPO JSC, Kaz Minerals Management, AES Shulbinsk HPP LLP and AES Ust-Kamenogorsk HPP LLP.
4. In accordance with the "Technical Upgrade Plans", the replacement of equipment posing a threat to life and health of personnel is monitored. The fulfilment of the plans for 2024 was over 80%.
5. The Fund continued the positive practice of holding joint exercises on liquidation of conditional accidents at hazardous production facilities, and took part in exercises at the territory of Aktau Commercial Sea Port, at the territory of the gas pipeline of Beineu-Shymkent Gas Pipeline LLP and Asian Gas Pipeline LLP, Karamurun field, RU-6 LLP.
6. With the participation of experts of portfolio companies, cross audits of 17 enterprises of the Fund's group were conducted, more than 1000 non-compliances potentially causing accidents were identified, the elimination of which is under control.
7. To develop the habit of wearing seat belts in a car, a campaign for practical testing of a "convincer" (simulator of a frontal collision in an accident) was conducted with the assistance of KMG JSC and KEGOC.
8. The HS Young Workers Centre for occupational safety was established. Various youth events are planned for 2025 to involve young professionals in occupational safety.
9. Information and awareness-raising work was actively carried out, namely the publication of articles, development and demonstration of video clips, placement of posters, holding open days, master classes for children of the Fund's group employees. Thus, the following activities were carried out 59 children's drawing contests, Safety through the Eyes of a Child, and 69 interactive masterclasses, and 55 industrial safety videos were developed, including those featuring injured workers, 639 information letters were sent to the family members of employees who have positively distinguished themselves in occupational safety issues.

The results of jointly implemented measures with portfolio companies for 2024 were a 21% reduction in the total number of injured people compared to 2023. LTIF injury frequency rate decreased by 7% to 0.13 compared to 0.14 in 2023.