/KASE, October 6, 2025/ – Industrial Development Fund JSC (KASE ticker – IDFR) reported the following:

quote

The international rating agency Sustainable Fitch has affirmed the rating of Industrial Development Fund JSC at level "2" and upgraded its overall score from 63 to 66. This high assessment reflects the Fund's significant investments in environmentally and socially important projects while maintaining areas for improvement – in environmental disclosure and the establishment of target indicators.

As noted in the Sustainable Fitch report, Industrial Development Fund JSC is a state-owned Fund of Kazakhstan aimed at supporting industrial development through long-term lease financing and lending in priority sectors of the economy.

A significant portion of the Fund's leasing and lending portfolio continues to be directed toward "green" projects such as environmentally friendly transport and renewable energy sources, as well as social projects, primarily SME financing. This aligns with Kazakhstan's industrial and sustainable development goals, as well as the Fund's 2024-2033 development strategy. In the project evaluation process, the Fund applies an ESG risk assessment methodology.

unquote

This information is available in Qazaq, Russian, and English at – see more

[2025-10-06]