Commitment to SDG principles

The Fund is aware of its importance in the economy of the Republic of Kazakhstan and strives to ensure sustainable development and create long-term value through effective management of a diversified portfolio of assets and business support in the interests of the people of the Republic of Kazakhstan.

The key factors of long-term sustainable development should be the well-being of people, ecological balance and, at the same time, ensuring long-term financial stability based on best business practices and corporate governance principles, which are possible based on the implementation of ESG principles.

Therefore, the sustainable development and implementation of ESG principles is one of the main strategic goals of the Fund.

For strategic goals in the ESG directions, 5 UN SDGs have been identified:

The Foundation fully shares the values of the UN Sustainable Development Agenda.

The Foundation recognizes the importance of all 17 UN SDGs and, as part of its activities, strives to make a feasible contribution to their achievement. Due to the specifics of the activity,

The Fund has identified 11 UN SDGs to which it makes the most significant contribution.

ESG-rating of the Fund group70 percentile by 2032
Increasing the proportion of women in the management bodies of the Fund's companies30% by 2030
The share of independent directors in the Board of Directors of the Fund and portfolio companiesMaintaining at 50%
Corporate governance
Reducing the energy intensity of production activities-10% by 2027
Resource saving
Building human resources, strengthening competence in new areas
Human capital development
Ensuring the principle of "zero injuries"
Achieving LTIFR 0.142023
Training of 100% of production personnel on safety culture2023
H&S Best Practices
Reduction of direct and indirect greenhouse gas emissions (level 1 and level 2)≥ [-10%] by 2032
Increasing the share of low-carb generation in the purchase of electricity45% by 2032
Decarbonization
Formation of a portfolio of offset projects5.8 million tons of CO2–eq by 2032
The share of renewable energy and hydroelectric power plants in electricity production26 % by 2032
"Green" financing
Certification of anti-corruption compliance systems for compliance with the requirements of international standards ISO 37001:2016 "Anti-bribery Management Systems" and ISO 37301:2021 "Compliance Management System"
Openness, transparency and compliance

The Foundation's principles in the field of sustainable development are openness, accountability, transparency, ethical behavior, respect for the interests of stakeholders, legality, respect for human rights, intolerance to corruption, inadmissibility of conflicts of interest, personal example.