Baiterek Holding Presents Sustainable Financing Mechanisms at RES 2026 EXPO

On April 22, within the framework of the RES 2026 EXPO international exhibition, representatives of National Investment Holding Baiterek JSC participated in key panel sessions dedicated to sustainable development, ESG principles, and infrastructure modernization.

Aliya Murzagaliyeva, Managing Director of the Holding, spoke at the panel session "Sustainable Development Leaders – Cities and Companies," organized by the Council for Sustainable Development and ESG of the Atameken National Chamber of Entrepreneurs. The session included representatives from international businesses, such as Coca-Cola and The Ritz-Carlton Astana.

During the session, the Holding’s systematic ESG approach—integrated into its strategy, investment activities, and management processes—was presented. The Holding takes into account 15 of the 17 UN Sustainable Development Goals. According to Sustainable Fitch, the Holding's ESG rating has risen to Level "2," scoring 65 out of 100 points, reflecting increased transparency, improved governance quality, and the deep integration of ESG principles.

These ESG approaches are implemented through specific financial instruments and projects. In 2024, the Holding placed its inaugural social bonds in accordance with international ICMA principles, introduced a system for disclosing greenhouse gas emissions across all scopes (Scope 1, 2, 3), and ensured project alignment with the national "green" taxonomy. Furthermore, the Holding's instruments provided support to 864 farms, increasing crop yields by an average of 12%, with covered agricultural land totaling approximately 1.94 million hectares.

Special attention is paid to ESG projects in key sectors of the economy. For instance, projects are being implemented in industry for the sorting and recycling of solid domestic and construction waste; in the housing sector, for financing energy-efficient housing and developing the "Green Mortgage" program; and in the agro-industrial complex, for introducing irrigation systems that promote productivity growth and reduce soil degradation.

"Today, ESG is not just a philosophy, but a concrete tool for economic transformation. For the Holding, it is the core of our investment policy. By integrating ESG principles into project selection and structuring, we are not only attracting international financing but also achieving real socio-economic results," said Aliya Murzagaliyeva.

Ruslan Tulegenov, Managing Director of the Holding, participated in the panel session "Effective Water Resources Management: French Technical and Financial Solutions – Part 2," organized by the French Development Agency (AFD). Participants included representatives from SUEZ, Veolia, and international financial institutions.

During the session, the Holding’s approaches to financing infrastructure projects in water supply, heat supply, and energy were presented. As the financial operator of the National Project "Modernization of the Energy and Utility Sectors," the Holding structures deals and ensures the attraction of investment. A wide range of instruments is utilized, including direct and syndicated lending, bond financing, budget loans, and leasing.

To date, more than 20 projects totaling over 60.3 billion tenge have been financed. In 2025, the volume of financing in this area amounted to 29.3 billion tenge, reaching 31.0 billion tenge in 2026. The total investment need through 2029 is estimated at approximately 6.7 trillion tenge, providing a significant opportunity to attract private and international capital.

"We are creating a model where international partners participate not only as operators but also as co-investors. This allows for effective project management and a balanced distribution of risks among all participants," noted Ruslan Tulegenov.

Baiterek Holding’s participation in RES 2026 EXPO once again highlighted its vital role in developing a sustainable financing system and implementing infrastructure projects aimed at the ecological and economic modernization of Kazakhstan.

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RES 2026 EXPO is one of the region's largest platforms dedicated to sustainable development. The exhibition features over 300 companies from 30 countries, more than 1,500 delegates, and over 20,000 visitors. The business program covers green energy, water resources, the circular economy, ESG, and sustainable finance.