Kyrgyz Stock Exchange Records First ESG Report of Private Business

Анна Федорова Economy
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The investment fund Central Asia Capital has become the first private business to present an ESG report at the Kyrgyz Stock Exchange.

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

The Sustainable Development Sector was created by the Kyrgyz Stock Exchange in collaboration with the Union of Banks of the Kyrgyz Republic, 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 factors, which contributes to enhancing the resilience of Kyrgyzstan's economy, strengthening trust from international investors, and creating a positive image for the country. He added that the publication of the first ESG report by a private company sets new benchmarks for the market and reinforces the significance of the KSE as the main platform for promoting ESG initiatives.

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

Anton Sobin also emphasized that the activities of Kicksharing Central Asia are aimed at developing environmentally friendly urban services and electric transport, which helps reduce CO₂, NOx, and PM2.5 emissions, positively impacting public health.
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