On April 30, JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) has published its 2021 Integrated Annual Report, which contains up-to-date information on the economic, social and environmental aspects of the Company’s activities. The Report is available to view on the Company's website.
The Company continues to focus on sustainable development. When determining priority sustainability areas, Kazatomprom follows the principles of the UN Global Compact and the UN Sustainable Development Goals 2030, as well as other international standards and initiatives in the area of sustainable development.
Mazhit Sharipov, Chief Executive Officer of Kazatomprom, said:
“Sustainability is a fundamental component of Kazatomprom’s development strategy, and delivering results on our ESG-related goals and objectives is an integral part of our plans. Labor and environmental protection and ensuring industrial, nuclear and radiation safety at all our production facilities remain a top priority. We are fully committed to sustainable growth by ensuring the safest possible production and reducing our environmental footprint, while striving to maximize our contribution to the sustainable socio-economic development of the regions in which we operate to improve the living standards of local communities.”
Applying the best international practices in this area, the Company is making significant investments in environmental protection activities, taking all necessary measures to preserve the natural environment around its operations, and using natural resources responsibly to maintain ecological balance and minimize environmental impact.
Kazatomprom has also implemented health and safety management systems that meet international standards at its production sites and as a result of the focus on industrial safety and fostering a culture of safe behavior among employees, there were no industrial accidents at Kazatomprom’s enterprises for the year.
Social development in the regions where the Company is present and the improvement of the quality of life of the local population is equally important. In 2021, Kazatomprom allocated KZT 1.609 billion for socio-economic development of the regions where it operates as part of its commitments under subsoil use contracts. The company has also implemented a number of social projects, such as the construction of an ambulance station, improvement of settlements, construction of modern children's playgrounds and sports grounds in seven settlements of the Turkestan and Kyzylorda regions, financial assistance to vulnerable social groups. As of the end of 2021, Kazatomprom allocated KZT 850.9 million for the implementation of socially significant projects.
As a socially responsible company, Kazatomprom plans to continue consistent implementation of measures aimed at maintaining strong long-term relationships with local communities.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, International Adviser, Investor Relations
Botagoz Muldagaliyeva, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Gazhaiyp Kumisbek, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
A copy of this announcement will be made available at www.kazatomprom.kz.
ESG at Kazatomprom
In 2021, Samruk-Kazyna JSC, Kazatomprom’s majority shareholder, engaged an independent consultant to conduct corporate governance diagnostics in order to assign a corporate governance rating to the Company. According to the results of the diagnostics, the Company demonstrated a high level of corporate governance and was assigned the Corporate Governance Rating “A” (in 2020 “BBB”).
Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 24% of global primary uranium production in 2021. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the Company’s mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please see the Company website at www.kazatomprom.kz