Kyrgyz Stock Exchange Records First ESG Report from Private Business

Сергей Гармаш Economy
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The first non-financial company to publish an ESG report on the Kyrgyz Stock Exchange is a resident of the investment fund Central Asia Capital.

The report is available in the "Sustainable Development Sector" and contains information about the operations of Kicksharing Central Asia and its subsidiaries. This was announced by Anton Andreyevich Sobin, Chairman of the Board of Directors of the fund.

The Sustainable Development Sector was established by the Kyrgyz Stock Exchange in collaboration with the Union of Banks of the Kyrgyz Republic. It is based on international "green" standards, the legislation of the Kyrgyz Republic "On Joint Stock Companies," and the methodological recommendations of the KSE for implementing ESG principles in reporting.

Anton Sobin noted that the application of ESG approaches encompasses environmental, social, and governance aspects, which contributes to enhancing the sustainability of Kyrgyzstan's economy, strengthening trust from international investors, and creating a positive image of the country. The publication of the first ESG report from the private sector, according to him, sets new benchmarks for the market and strengthens the position of the KSE as the main center for promoting ESG themes.

The preparation of the report was made possible thanks to the support of international partners, including the AIFC Green Finance Centre from Kazakhstan, which provided expertise in sustainable financing.

Furthermore, Anton Sobin emphasized that the activities of Kicksharing Central Asia focus on the development of environmentally friendly urban services and electric transport, which helps reduce emissions of CO₂, NOx, and PM2.5, directly impacting public health.
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