JSC National Company Kazakhstan Temir Zholy (KTZ) published its 2025 Integrated Annual Report on August 24, covering financial, operational and environmental, social and governance (ESG) performance for the year ended December 31, 2025.
The report outlines KTZ’s financial results, strategic initiatives and ESG disclosures prepared in accordance with International Financial Reporting Standards (IFRS) and Global Reporting Initiative (GRI) Standards. It also incorporates recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) frameworks.
PricewaterhouseCoopers provided independent limited assurance for selected non-financial disclosures within the report. The electronic version is available on KTZ’s official website, and a copy has been filed with the National Storage Mechanism.
KTZ operates Kazakhstan’s mainline railway network and serves as the country’s national rail freight and passenger carrier. The company functions as a key transit link within Eurasian corridors, connecting China, Central Asia, Europe and the Gulf region.
JSC NC KTZ is fully owned by the Government of the Republic of Kazakhstan through its sole shareholder, the Joint Stock Company Sovereign Wealth Fund Samruk-Kazyna.
