/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 –
https://kase.kz/files/emitters/IDFR/idfr_rating_011025_7701.pdf
[2025-10-06]