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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">ejebs</journal-id><journal-title-group><journal-title xml:lang="en">Eurasian Journal of Economic and Business Studies</journal-title><trans-title-group xml:lang="ru"><trans-title>Название журнала на русском</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2789-8253</issn><issn pub-type="epub">2789-8261</issn><publisher><publisher-name>University of International Business named after K. Sagadiyev LLP</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.47703/ejebs.v69i3.555</article-id><article-id custom-type="elpub" pub-id-type="custom">ejebs-9</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>Статьи</subject></subj-group></article-categories><title-group><article-title>ESG Approach to Financial Sustainability of Kazakhstan’s Oil and Gas Companies</article-title><trans-title-group xml:lang="ru"><trans-title></trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-1322-1796</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Uralova</surname><given-names>Aliya</given-names></name></name-alternatives><bio xml:lang="en"/><email xlink:type="simple">uralovaa@proton.me</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-8779-9614</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Shakulikova</surname><given-names>Gulzada</given-names></name></name-alternatives><bio xml:lang="en"><p>Doc. Sc. (Econ.), Professor, Email: rector@aogu.edu.kz</p></bio><email xlink:type="simple">rector@aogu.edu.kz</email><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-5632-8134</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Yesturlieva</surname><given-names>Aigul</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, Associate Professor, Department of Economics and Finance, Email: aigul.yesturliyeva@yu.edu.kz</p></bio><email xlink:type="simple">aigul.yesturliyeva@yu.edu.kz</email><xref ref-type="aff" rid="aff-3"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-6010-1573</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Syrlybayeva</surname><given-names>Nazgul</given-names></name></name-alternatives><bio xml:lang="en"><p>Cand. Sc. (Econ.), Associate Professor, Email: adilet-75@mail.ru</p></bio><email xlink:type="simple">adilet-75@mail.ru</email><xref ref-type="aff" rid="aff-4"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-8605-0372</contrib-id><name-alternatives><name name-style="western" xml:lang="en"><surname>Amaniyazova</surname><given-names>Gulimai</given-names></name></name-alternatives><bio xml:lang="en"/><email xlink:type="simple">gulimai_a@mail.ru</email><xref ref-type="aff" rid="aff-5"/></contrib></contrib-group><aff xml:lang="en" id="aff-1"><institution>Caspian University of Technology and Engineering named after Sh.Yessenov, Aktau, Kazakhstan.</institution><country>Kazakhstan</country></aff><aff xml:lang="en" id="aff-2"><institution>Atyrau University of Oil and Gas named after S. Utebayev, Atyrau, Kazakhstan.</institution><country>Kazakhstan</country></aff><aff xml:lang="en" id="aff-3"><institution>Caspian University of Technology and Engineering named after Sh. Yessenov, Aktau, Kazakhstan.</institution><country>Kazakhstan</country></aff><aff xml:lang="en" id="aff-4"><institution>Al-Farabi Kazakh National University, Almaty, Kazakhstan.</institution><country>Kazakhstan</country></aff><aff xml:lang="en" id="aff-5"><institution>Caspian University of Technology and Engineering, named after Sh. Yessenov, Aktau, Kazakhstan.</institution><country>Kazakhstan</country></aff><pub-date pub-type="collection"><year>2025</year></pub-date><pub-date pub-type="epub"><day>30</day><month>09</month><year>2025</year></pub-date><volume>69</volume><issue>3</issue><issue-title>Eurasian Journal of Economic and Business Studies</issue-title><elocation-id>95–109</elocation-id><permissions><copyright-statement>Copyright &amp;#x00A9; Uralova A., Shakulikova G., Yesturlieva A., Syrlybayeva N., Amaniyazova G., 2025</copyright-statement><copyright-year>2025</copyright-year><copyright-holder xml:lang="ru">Uralova A., Shakulikova G., Yesturlieva A., Syrlybayeva N., Amaniyazova G.</copyright-holder><copyright-holder xml:lang="en">Uralova A., Shakulikova G., Yesturlieva A., Syrlybayeva N., Amaniyazova G.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://ejebs.uib.kz/jour/article/view/9">https://ejebs.uib.kz/jour/article/view/9</self-uri><abstract><p> </p></abstract><kwd-group xml:lang="en"><kwd>Oil and Gas Sector</kwd><kwd>Asset Structure</kwd><kwd>Corporate Finance</kwd><kwd>Sustainability</kwd><kwd>Business Sustainability</kwd><kwd>Energy Economics</kwd><kwd>Green Economy</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Aimagambetova, A., Oralbayeva, A., Akhmetova, A., &amp; Ospanova, G. 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