Openness, transparency and accountability
The successful development of the Fund, a key player in the national economy, largely depends on how the interaction with stakeholders is built. We believe that dialogue and direct participation of stakeholders are the key to ensuring sustainable economic development and creating long-term value. We build relationships based on mutual trust, transparency and honesty. The system of regular interaction with stakeholders implies the provision of meaningful and reliable information, ensuring the possibility of a bilateral dialogue, awareness of environmental hazards and risks associated with the activities of portfolio companies, the development of a flexible complaint mechanism.
To regulate the main aspects of the dialogue with stakeholders, a PR strategy and an Action Plan for 2022 were developed, and a Policy on interaction with portfolio companies is in effect. In the reporting year, the Policy was amended – unnecessary links were optimized and eliminated, additional mechanisms were created to increase the efficiency of interaction for the efficiency of implementation of the Fund’s business processes.GRI 2-29
A Public Council has been working to exercise public control over the activities of the Fund and its portfolio companies since December 2021. The Council was established through an open competitive selection of candidates. It consists of ten people: seven representatives of civil society and three representatives of the Fund. Its own information resources cover each meeting of the Fund’s Public Council, as well as various media are invited, events are covered both in online publications and on television. A page of the Fund’s Public Council has been created on the corporate website, where all recommendations issued by it are published.
In 2022, 13 meetings were held (involving 230 external experts) – these are decision-makers, public figures, industry experts, representatives of associations and non-governmental organizations for comprehensive and expert consideration of issues. 118 recommendations were given.
In addition, press briefings of the Fund’s Group heads are regularly held, where they answer questions from the media and the public. The Fund actively talks about its work in social networks, including in the telegram channel @samrukazynaofficial. Another new form of interaction with society is open meetings with citizens as part of the IPO campaign. In September, representatives of the Fund and experts traveled all over Kazakhstan and held more than 130 seminars with residents of cities and villages about the placement of shares of JSC NC KazMunayGas. More than 150 thousands of people attended these meetings. We are ready to strengthen further the transparency of our activities in order to work and develop in harmony with society.