National Atomic Company Kazatomprom JSC ("Kazatomprom" or the "Company") entered the top three among the top 10 Kazakhstan companies in terms of completeness and quality of disclosed information on compliance with ESG principles.
PwC Kazakhstan, the organizer of the independent study, awarded the atomic holding the 2nd place diploma for success in the field of ESG information disclosure at the online conference.
The Rating assessed the disclosure of ESG information by Kazakhstan companies against modern international standards of non-financial reporting in 2020 annual and sustainable development reports. The focus was on the completeness, accessibility and clarity of information for potential stakeholders. The criteria included assessment of the disclosure of information about the company's business model, corporate governance system, sustainable development management, social and environmental aspects of its activities.
Sustainable development practices have been prioritized and reported on by the Company for over a decade, well before its privatization and 2018 initial public offering. For many years, Kazatomprom’s Integrated Annual Reports (IAR) has summarized the key aspects of its sustainability, corporate social responsibility, health and safety, and corporate governance results, highlighting an increasingly proactive and transparent approach to what now falls under the pillars of ESG. In 2019, the Company began reporting the information on approaches to sustainable development management and the Company's contribution in alignment with the UN Global Sustainable Development Goals. The ESG information in the 2020 integrated annual report has been independently certified in accordance with the best international practices.
As the world’s leading uranium-mining company, Kazatomprom is aware of its role in the development of society and recognizes its significant impact on the environment, people, and life in the regions of operations. Therefore, sustainable development is a fundamental component of Kazatomprom’s Development Strategy.
The Company’s sustainable development initiatives are geared towards the consistent reduction of environmental impact of subsidiaries, associates and joint ventures, environmental protection, rational subsoil use, increasing energy and resource efficiency, participating in the growth of socio-economic well-being of the regions of presence, facilitation of access to affordable, reliable, sustainable and modern energy sources, and enhancement of energy security.
For Kazatomprom, the ongoing improvement of sustainable development practices is the dominant factor to ensure the long-term stability and competitiveness of the Company, as well as its ability to create incremental benefits for all stakeholders, making a positive contribution to the sustainable development of the country, society, and the uranium industry.
Kazatomprom is the biggest social responsible business in Kazakhstan that has always given priority to people and their welfare as the highest values. Economic performance, social and environmental responsibility are key pillars of the sustainable development.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Torgyn Mukayeva, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 23% of global primary uranium production in 2020. Kazatomprom 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 environmental standards (ISO 45001 and ISO 14001 certified).
Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. As the national atomic company in the Republic of Kazakhstan, its primary customers are operators of nuclear generation facilities and the principal export markets for the Company’s products are China, South and Eastern Asia, Europe and North America. Kazatomprom sells uranium and uranium products under short- and long-term contracts directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please visit the Company’s website at http://www.kazatomprom.kz
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