Sustainable Development

Environment Protection

The Group's Development Strategy is inextricably linked to the HSE management objectives. One of the primary initiatives included in the LLP Euro-Asian Oil Company Strategy-2030 is increased environmental responsibility. Environmental protection priorities for the group include lowering greenhouse gas emissions and flaring, controlling water resources, minimizing production waste, reclaiming land, and using less energy. The "Environmental Policy" was approved in accordance with the goals of the Strategy. LLP Euro-Asian Oil Company, as well as its subsidiaries and affiliates, adhere to a zero tolerance policy for environmental pollution-related losses and damages.

In 2021, the new Environmental Policy was enacted. The LLP Euro-Asian Oil Company Environmental Policy has been updated to meet the requirements of the new Environmental Code, ensuring the collection, accumulation, storage, analysis, and transmission of environmental data. The LLP Euro-Asian Oil Company's obligations for the prudent use of natural resources and adherence to conservation measures were also expanded.

The LLP Euro-Asian Oil Company Health and Safety Policy is based on top management's commitment to occupational health and safety and encourages employee involvement in the establishment of a safety culture. The administration of LLP Euro-Asian Oil Company and its affiliates has a "zero tolerance" policy for accidents and incidents that result in losses or damage, and it is committed to following both national and international standards, as well as applicable local regulations. The LLP Euro-Asian Oil Company Alcohol, Drugs, and Psychotropics Policy and Safe Driving Policy prioritize an employee's life and health while forbidding the use of alcohol, drugs, and psychotropics to prevent road accidents, mitigate their effects, and reduce property damage. The administration of LLP Euro-Asian Oil Company and its affiliates follows the "zero tolerance" concept regarding the use of alcohol, narcotics, and psychotropic substances.

Safety & Loss Prevention

Safety is essential and a necessity of employment for both employees and contractors, and it is built into every aspect of the refining process. The refinery is steadfast in its belief that accidents and injuries can be avoided, and it recognizes the importance of safety excellence in creating long-term commercial success. To avoid losses, LLP Euro-Asian Oil Company employs a comprehensive approach that addresses all HSE, EH, and QAE concerns (HSEQ). To promote an Incident and Injury-free (IIF) working culture at LLP Euro-Asian Oil Company, this involves fostering interpersonal bonds and encouraging genuine concern and care among all employees. Furthermore, regular interactions with senior management allow employees and contractors to express safety concerns. LLP Euro-Asian Oil Company also fosters a culture of behavior-based safety involvement among its employees and subcontractors. All employees are encouraged to take responsibility for their own safety and well-being, as well as the safety and well-being of their coworkers, through peer review and mutual observation.

Occupational health and safety

According to our policy on occupational health, safety, and the environment, our main goal is to reduce workplace injuries and accidents in order to protect employees, prevent health problems, reduce the environmental impact of our operations, and improve the reputation and image of LLP Euro-Asian Oil Company. We continue to try to improve our safety culture, reinforce top management's commitment to health and safety issues, boost employee rights and capacities (including the power to stop work that they believe is being done unsafely), and discover the underlying factors that lead to accidents.

Our corporate culture of occupational safety and health has improved significantly, and we have enhanced reporting transparency by over 300 percent. The next step toward more transparency will be LLP Euro-Asian Oil Company IOGP membership, which will allow for the exchange of information and knowledge. The LTIR profited from incident prevention and accident investigation based on root cause analysis, training, and sharing of knowledge on lessons learned across the group of enterprises. We continue to compare ourselves to other oil and gas companies (International Organization of Oil and Gas Producers, IOGP) to identify areas for improvement in occupational health and safety and to reduce the number of occurrences.

Process Safety

To achieve its Health Safety Environment & Quality Policy goal of "No accidents, no harm to people, no environmental damage, and 100% customer satisfaction," LLP Euro-Asian Oil Company prioritizes process safety management. A strict process safety management system is in place to prevent potential Loss of Containment (LOC) mishaps. LLP Euro-Asian Oil Company is a firm believer in learning from past failures in order to improve process safety performance. Comprehensive investigations of internal LOC and near-miss accidents are used to identify and execute improvement opportunities, as are lessons garnered from occurrences at other external refineries.

LLP Euro-Asian Oil Company also provides monthly training courses to help our personnel become more knowledgeable about Process Safety. Process safety performance is carefully evaluated and reported in order to create a safe working environment for all of our refinery personnel, with strong cooperation between LLP Euro-Asian Oil Company and its industry peers as well as regulatory entities predominating. We are conscious of how our operations affect the atmosphere and the environment, as well as our contribution to local, regional, and global climate change. As a result, we are focusing on developing a strategy for reducing and managing air pollutants, as well as evaluating the feasibility of integrating cutting-edge projects and technology. In terms of greenhouse gas emissions, we work to comply with national and international environmental regulations.

Social initiatives

Since its inception, LLP Euro-Asian Oil Company has sought not only excellent production performance, but also efficient work management, high-quality asset structure based on world advanced practices of oil and gas business, corporate management, and human resource development. The Company made great success in a relatively short period of time. The Company constructed effective production links using existing resources, implemented efficient planning systems, and designed and accomplished ambitious projects (both joint and independent) that are important not only for the oil and gas industry, but also for the economy as a whole. LLP Euro-Asian Oil Company exhibits long-term growth, adds reserves, and steadily raises its proportion of Republican oil output.

The efforts of the executive management and personnel assisted LLP Euro-Asian Oil Company in becoming the top strategic firm in the local oil sector. Furthermore, the Company has successfully carved out a niche for itself on the world's key energy markets, developed a strong reputation as a reliable partner, and respectfully represents and supports the Republic of Kazakhstan's interests. Furthermore, LLP Euro-Asian Oil Company is a socially responsible company that contributes significantly to societal improvement. LLP Euro-Asian Oil Company developed and implemented a number of social programs with the goals of providing financial incentives to workers, fostering the professional development of young professionals, caring for veterans and the disabled, and supporting other social sectors in regions that are not directly affected.

Without a doubt, LLP Euro-Asian Oil Company will continue to enhance its positions by drawing on the honorable traditions of the country's first oil producers and by keeping its dynamism and commitment to making money for all Kazakhs. The company sees social responsibility as a voluntary commercial investment in society's social, economic, and ecological growth. According to the company's social policy, the contribution is directly related to the company's principal activity and exceeds the legal minimum.