On September 27 and 29, EY, together with the Agency for Regulation of the Financial Market of Kazakhstan, with the support of the International Finance Corporation (IFC) and the Association of Financiers of Kazakhstan, held two seminars to increase awareness and expertise in ESG and sustainable finance issues.
The seminars were designed for companies in the financial sector, and the following topics were covered:
• Evaluation of the ESG maturity of a financial institution and development of a roadmap to increase the level of ESG practices and approaches to assessing the carbon footprint of financial institutions
• Disclosure of information in accordance with TCFD, SASB, IFRS requirements in the financial sector, climate and other ESG risks of financial organizations: analysis, assessment and management, conducting climate stress tests and ESG transformation
During the training sessions, EY experts shared insights on methods for evaluating maturity practices in all aspects of sustainable development in a bank, approaches to calculating carbon footprints, disclosure of non-financial information in accordance with TCFD, IFRS S1/S2, GRI requirements, practices for managing climate risks and conducting a portfolio climate stress test.