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NK KazMunayGaz

KazMunayGaz is a state-owned oil and gas company headquartered in Kazakhstan. In 2020, it had USD 11.02 billion in revenue and a reported 60,173 employees*. KazMunayGaz is a national company, undertaking oil and gas activities in Kazakhstan. The company continues to prioritize fossil fuels and lacks an adequate decarbonisation plan.

Ranking position
Total score
Performance score
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)


0.0 /100 #38

Material Investment

1.3 /100 #74

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55


25.6 /100 #66

Supplier Engagement

10.0 /100 #40

Client Engagement

0.0 /100 #53

Policy Engagement

40.0 /100 #16

Business Model

0.0 /100 #52

Leading practice

No leading practices were identified for this company.

Risks and opportunities


KMG receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With the company’s current production and sold product mixes indicating upward trends in its scope 1 and 2 and its scope 1, 2 and 3 emissions intensities, and with no emissions reduction targets in place, the company is not on track to align with its 1.5°C pathway.
The company continues to focus on expanding its oil and gas activities and has no plans for new low-carbon business activities. This strategy cannot be expected to achieve the rate of decarbonization required by the low-carbon transition.

Progress towards the Paris Agreement

More about the company

Nur-Sultan, Nur-Sultan, Kazakhstan
Group revenue
USD 11.02 billion
Ownership structure
State owned
Number of employees
Scope of activity
Fully integrated