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Bank CenterCredit Releases Third Sustainability Report
๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan /Environment & Climate

Bank CenterCredit Releases Third Sustainability Report

From The Astana Times · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • Bank CenterCredit published its third Sustainability Report for 2025, adhering to international standards and recommendations from Kazakhstan's financial market regulator.
  • The report highlights a 23% year-on-year increase in the bank's S&P Corporate Sustainability Assessment score to 75 points and details efforts to expand its green portfolio.
  • Bank CenterCredit allocated over 2.8 billion tenge to social initiatives and conducted over 200 training programs through its Academy and Leadership School.

Bank CenterCredit has released its third Sustainability Report, detailing its 2025 performance and commitment to environmental, social, and governance (ESG) principles. The report, prepared in line with international standards like GRI, SASB, and IFRS S1/S2, also incorporates recommendations from the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market.

For the first time, the bank's socio-economic impact on Kazakhstan's economy is assessed. The report notes a significant improvement in the bank's S&P Corporate Sustainability Assessment rating, which rose to 75 points, a 23% increase from the previous year. This reflects the bank's ongoing climate strategy implementation and expansion of its green financing portfolio.

CenterCredit's green initiatives include financing renewable energy, gas-fired power generation, and low-carbon transport projects. The share of green electricity in its portfolio reached 31%, leading to a 26% decrease in Scope 2 emissions. Financed emissions (Scope 3) were reduced to 1.7 million tonnes of COโ‚‚ equivalent.

The bank also demonstrated a strong commitment to social responsibility, allocating more than 2.8 billion tenge (approximately USD$5.9 million) to charitable and social initiatives. These efforts involved collaboration with national and international partners, including the Kazakhstan National Federation of UNESCO Clubs. Furthermore, the BCC Academy and Leadership School delivered over 200 training programs. The bank also completed a Human Rights Due Diligence process following UNDP methodology. The report received independent assurance from KPMG.

DistantNews Editorial

Originally published by The Astana Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.