AIFC
LSE
The Fund’s Development Strategy until 2028 which defines corporate governance and sustainable development as one of the three strategic goals of the Fund for the next decade, was approved by the Sole Shareholder of the Fund in 2018. As part of this strategic goal, we are planning to continue to achieve a high level of corporate governance and sustainable development, to increase the corporate governance in the Fund and Portfolio companies, to increase human resources, and to ensure the implementation of meritocracy principles. The new strategy also provides for the implementation of sponsorship initiatives, as well as sustainable development initiatives identified by the Fund. The Fund will implement measures and indicators within the Concept of the Republic of Kazakhstan for the transition to the green economy.
Based on the results of the implementation of this strategic goal, it is expected to create a management system that ensures the achievement of improved indicators in sustainable development, labor protection, health and environment, improved economic indicators and financial stability, anti-corruption, increased corporate governance rating and social stability rating.
Performance of companies
Sustainable development
Portfolio management
The Fund supports UN Sustainable Development Goals
Good health
and well-being
Quality education
Gender equality
Decent work and economic growth
Industry, innovation, and infrastructure
Reduced
inequalities
Sustainable cities and communities
Climate action
Partnerships
In order to understand the needs of stakeholders and determine what the Fund’s sustainable development is for them, we conducted a materiality analysis.
At the first stage, it was proposed to determine a list of aspects of sustainable development related to the activities of the Fund and their impact.
Based on the results of the survey and discussions with all key stakeholders to identify significant aspects, we identified 17 topics related to sustainability that are important for the Fund and our stakeholders.
Comprehensively covering economic, environmental and social aspects on the path of sustainable development, the Fund seeks to ensure an interactive dialogue with all interested parties and create additional value.
Stakeholder Engagement
The Fund's interaction with stakeholders is focused on achieving the goals of sustainable development and harmonizing the interests of all stakeholders. Interaction with stakeholders is based on the principles of respect for interests and cooperation
The Fund sees its social responsibility in being a reliable partner for stakeholders. We conduct a dialogue and build relations with stakeholders on the basis of the principles of mutual respect and partnership, information transparency, regularity of interaction and faithful observance of commitments undertaken.