JSC “Caspian Commodity Exchange” has prepared its first Sustainability Report
JSC “Caspian Commodity Exchange” announces that at the meeting of the Board of Directors held on October 15, 2024, the company approved its first Sustainability Report for 2023.
The Sustainability Report of JSC “Caspian Commodity Exchange” for 2023 is intended for various stakeholders in order to provide information about the Exchange’s goals, results, and future prospects in the field of sustainable development.
The Report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards, the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and the Rules on Disclosure of Information by Securities Issuers approved by the Kazakhstan Stock Exchange (KASE) on March 10, 2021.
The Report discloses information on sustainability-related activities within the framework of achieving the UN Sustainable Development Goals (SDGs). In addition, it contains other data and information of material importance to stakeholders and the Exchange’s business.
Commenting on the Report, Erik Tanaev, President of JSC “Caspian Commodity Exchange,” noted:
As one of the largest and most innovative commodity exchanges in the Republic of Kazakhstan and Central Asia, we view transparency in business operations as a priority. Non-financial reporting, issued annually, will serve as a key tool for practical engagement with stakeholders and an important element of our ongoing corporate ESG transformation. The Report reflects our corporate philosophy’s focus on properly accounting for social and environmental factors, as well as ensuring high standards of corporate governance. In this Report, we have sought to present the key ESG events and processes for 2023. The Exchange supports the strategic importance of integrating the UN SDGs into planning and decision-making. At present, we are the first commodity exchange in Central Asia to prepare an annual sustainability report in line with leading practices and standards. Being a transparent and responsible company is our strategic priority, and we are pleased to present our pilot Sustainability Report.
Caspian Commodity Exchange focuses not only on responsible business practices but also on supporting the transition to a low-carbon future. We believe that the best way for a company to meaningfully contribute to sustainability issues is to demonstrate best practices through its own example.
For this reason, we have voluntarily decided to monitor greenhouse gas emissions and to achieve carbon neutrality in the near future. Caspian Commodity Exchange is the first exchange in the CIS to launch CO₂ emissions trading.
In addition, the company is included in the official listing of the Kazakhstan Stock Exchange (KASE), which actively promotes the adoption of sustainable development principles and the disclosure of non-financial information among its issuers.
JSC “Caspian Commodity Exchange” is committed to transparency and the highest standards of corporate responsibility, ensuring safe working conditions and effective employee management.
Our efforts are primarily aimed at creating an ethical and sustainable business environment.
We invite all interested parties to familiarize themselves with our achievements and future plans.
