Workplace Safety

Our activities comply with international standards ISO 45001-2018 “Management system in the field of occupational health and safety”, which applies to all employees of the Fund Group. Subsidiary-dependent organizations and their parent companies (78 organizations) have a certificate of conformity.

We are constantly improving our work to ensure personal safety and accident-free production. Close interaction and exchange of practices with contracting companies are being built to improve and ensure workplace safety when performing work and providing services for the Fund Group. GRI 403-1 GRI 3-3

To strengthen the industrial safety function in the most critical large portfolio companies from its point of view, corresponding separate services have been created with direct administrative accountability of the function to the first managers.

We conduct workplace audits at various levels of management regularly throughout the year. The number of internal audits conducted for compliance with industrial safety requirements in 2023 reached 86,581 audits (61,916 audits in 2022). GRI 403-2

As it joined the world concept of “zero injuries Vision Zero”, the Fund revised its business models as part of the implementation of the “seven golden rules”: GRI 3-3:

Work in accordance with the «7 golden rules» is carried out regularly. It is a set of systemic measures.

Achieving a zero level of accidents and incidents at work in the Group of Companies is not only due to the actions of its employees but also largely depends on the employees of contractors. In order to control compliance with the requirements of contractors' employees in the field of occupational safety, requirements on the availability of specialists in occupational health and safety (OHS), fire and industrial safety, as well as on the availability of trained personnel and tested knowledge of OHS, industrial safety and fire and technical minimum were introduced in the standard templates of contracts concluded through the portal zakup.sk.kz.

In addition to management, it is important for us to contribute to industrial safety by financing activities to prevent accidents, improve sanitary and living conditions for employees, improve employee health, purchase personal protective equipment, dry clean and wash work clothes, conduct training, and promote occupational safety issues.

Every year, work in the field of industrial safety is built based on three main areas.

The Fund conducts training sessions and seminars to ensure employees and managers take a responsible approach to safety issues and demonstrate leadership and involvement by example.

The Fund’s employees undergo first aid training at international courses organized by Samruk Business Academy.

To ensure safety when working on equipment at the level of portfolio companies, “Plans for the technical re-equipment of morally and physically worn-out equipment and structures for 2023, for 2024-2027” have been developed for the operation of which there is an increased risk of accidents and accidents with severe and fatal outcomes.

We actively continue to work to prevent road accidents and reduce injuries among employees of the Fund’s Group of Companies. Thus, to develop the habit among employees of wearing seat belts in cars, practical testing of the “convincer” (a simulator of a frontal collision during an accident) was carried out in 10 cities of the Republic of Kazakhstan. GRI 403-9 Employees apply international best practices, including proactive accident prevention tools (registration of hazardous actions, conditions, potentially dangerous Near Miss incidents, conducting behavioral observations/safety audits, suspension of unsafe types of work using “stop cards”).

A permanent Headquarters has been created in the Samruk-Kazyna JSC group of companies to regulate actions in case of accidents and emergencies.

To improve the labor protection and industrial safety system, the Fund’s Group of Companies conducts tactical exercises in hazardous industries.

We also regularly conduct cross-audits on industrial safety in portfolio companies and their branches. In total, we, together with company experts, conducted audits in 17 industrial enterprises. GRI 403-2

To ensure the required level of reporting transparency and development of communications in the field of industrial safety, several initiatives were implemented in the current reporting year regarding the digitalization of processes:

• dashboards on incidents were created to inform management about the current statistics of industrial injuries promptly;
• the «Log of information on events and incidents in contracting organizations of portfolio companies» and «Operational information on contractors in portfolio companies» were launched in the reporting management system;
• the practice of collecting and considering proposals from employees via QR and the practice of assessing the level of industrial safety by all employees of the Fund when on business trips to subsidiaries/branches of portfolio companies have been introduced. GRI 403-4
• forums in the field of digitalization are also held. NAC Kazatomprom JSC organized a forum dedicated to the digitalization of industrial safety in the city of Shymkent.

Statistics on occupational injury rates are monitored daily. The number of people injured due to industrial accidents was 120 in 2023. The assessment of occupational injuries included employees of portfolio companies engaged in production activities. GRI 403-9

The Fund’s work-related serious injury rate began to be calculated in 2022 and amounted to 0.10 in 2023, which is a 12% decrease compared to the base year of calculation.

Based on the hazards that create the risk of injury with severe consequences, the Fund’s portfolio companies develop their own industrial safety action plans to prevent occupational injuries and proactively reduce risks and threats in the workplace. GRI 403-9

Despite our efforts, there were 11 fatalities in 2023 (12 cases in 2022): at JSC NC Kazakhstan Temir Zholy — 6, Samruk-Energy JSC — 2, NC KazMunayGas JSC — 2 , JSC NC QazaqGaz — 1. GRI 403-9

In 2023, the majority of serious injury incidents involve falls, electrical shocks, motor vehicle accidents, and exposure to moving, flying, or rotating objects. GRI 403-9

An important aspect is the analysis and investigation of incidents that occur at work and the adoption of measures to prevent their recurrence in the future. For each case, an analysis is carried out, and newsletters are sent out with a brief description of the circumstances, reasons, and corrective measures taken to prevent their recurrence in other companies ompo. GRI 403-1 GRI 403-2 In addition, we aim to achieve LTIF 0.12 by 2027. Additionally, the KPIs of portfolio companies include registration of behavioral safety observations, health and safety cards, audits of contractors, and others, which should positively impact minimizing injury cases.