Sustainable
Development
Policy
развития
KazAgroFinance strives for harmonious management of the economic, environmental and social aspects of its activities to ensure sustainable development in the long term.
Sustainable development in the Company consists of three constituent categories: economic, environmental and social, which aspects are taken into account by GRI Standards.
Economic component of sustainable development contains the following goals:
- break-even activity;
- ensuring the interests of the Sole Shareholder and investors;
- improving efficiency of processes;
- growth of investments in agriculture.
Environmental component of sustainable development contains the following goals:
- minimizing the impact on biological and physical natural systems;
- optimal use of limited resources;
- application of eco-friendly, energy- and material-saving technologies.
Social component of sustainable development is focused on the principles of social responsibility and, among other things, contains the following goals:
- ensuring transparent competitive procedures and equal employment opportunities;
- fair remuneration and respect for the rights of employees;
- ensuring occupational safety and preserving health of employees;
- training and professional development of employees;
- implementation of internal and external social programs.
The Company analyzes its performance according tio these three aspects, and also strives to prevent or reduce negative impact of the results of its performance on stakeholders. KazAgroFinance supports and recognizes importance of all 17 UN Sustainable Development Goals (SDGs) and strives to make a significant contribution to the achievement of the SDGs.
As part of its activities, the Company achieves the following Sustainable Development Goals:
SDG 1.
SDG 1. End poverty in all its forms everywhere
- implementation of initiatives aimed at increasing the availability of financial services;
- charity and sponsorship;
SDG 2.
End hunger, achieve food security and improved nutrition and promote sustainable agriculture
- The Company assists in technical equipping of AIC by providing leasing services for purchase of agricultural machinery and equipment. Thus, through the technological renewal of AIC with high-performance equipment, the Company has a significant impact on food security.
SDG 3.
Ensure healthy lives and promote well-being for all at all ages
- creating safe working conditions and preserving health of the Company's employees;
- social support for employees.
SDG 5.
Achieve gender equality and empower all women and girls
- creating equal working conditions and career opportunities;
- ensuring a peer system of performance assessment and remuneration.
SDG 8.
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
- growth of investments in agriculture;
- business development in AIC by providing leasing services.
SDG 12.
Ensure sustainable consumption and production patterns
- improvement of the energy conservation culture;
- reduction of resource consumption (energy consumption, water consumption);
- optimization of paper document flow by automating the Company's business processes.
SDG 15.
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
- KazAgroFinance leases exclusively new modern agricultural machinery, which, in comparison with outdated worn-out machinery, has less negative impact on the environment (amount of emissions of harmful substances into the atmosphere and soil pollution as a result of ingress of petrochemical waste during operation is reduced).
| UN sustainable development goals: | UN Sustainable development goals: | Society's contribution: |
End poverty in all its forms everywhere
 |
Establish reliable strategic mechanisms at the national, regional and international levels based on pro-poor and gender-sensitive development strategies to facilitate accelerated investment in poverty eradication activities |
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End hunger, achieve food security and improved nutrition and promote sustainable agriculture
 |
Take measures to ensure the proper functioning of markets for food and processed products and promote timely access to market information, including on food reserves, in order to help limit excessive volatility in food prices. |
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Ensure healthy lives and promote well-being for all at all ages
 |
Ensure universal health coverage, including protection from financial risks, access to quality basic health services and access to safe, effective, high-quality and affordable essential medicines and vaccines for all |
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Achieve gender equality and empower all women and girls
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Ensure the full and real participation of women and equal opportunities for them to lead at all levels of decision-making in political, economic and public life. Eliminate all forms of discrimination against all women everywhere |
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Promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
 |
Achieve increased productivity in the economy through diversification, technical modernization and innovation, including by paying special attention to high-value-added and labor-intensive sectors. Promote development-oriented policies that promote productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage official recognition and development of micro, small and medium-sized enterprises, including by providing them with access to financial services |
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Ensuring rational consumption and production models
 |
Achieve increased productivity in the economy through diversification, technical modernization and innovation, including by paying special attention to high-value-added and labor-intensive sectors |
|
Protection, restoration of terrestrial ecosystems and promotion of their rational use, rational forest management, combating desertification, stopping and reversing the process of land degradation and stopping the process of loss of biological diversity
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By 2030, significantly reduce the volume of waste by taking measures to prevent their formation, reduce them, recycle and reuse |
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Sponsorship
and Charity
Procedure for charitable and sponsorship assistance to legal entities and individuals is defined in the Rules for Charitable and Sponsorship Assistance to KazAgroFinance, approved by the decision of the Company's Board No. 12 dated May 13, 2016.
Charitable and sponsorship assistance is provided at the expense and within the limits of the funds provided in the annual Company budget for the corresponding financial year.
During the reporting year, the Company's Board reviewed and decided to provide charitable and sponsorship assistance to the following persons under the Company's budget line:
- to the branch of the Kazakh Society of the Blind Public Association, in the amount of 350,000 (three hundred and fifty thousand) KZT for holding an amateur art event at the branch and buying food;
- to an individual F.S. Samigullayev., in the amount of 250,000 (two hundred and fifty thousand) KZT for the treatment of a disabled child diagnosed with Ewing's sarcoma (bone cancer);
- to an individual G. E. Zholdasova disabled since childhood, in the amount of 240,000 (two hundred and forty thousand) KZT for the lumbar treatment department in Astana and purchase of medicines;
- to the Dreams Come True Public Fund in the amount of 300,000 (three hundred thousand) KZT for the charity event "Children's Day" for children from low-income, large families, orphans and children deprived of parental care;
- to the Sabi Bakyty Public Fund in the amount of 392,000 (three hundred and ninety-two thousand) KZT for the charity event "Happy Summer" for children from low-income families, children deprived of parental care;
- to the Zhurek Nury Public Fund in the amount of 673,000 (six hundred seventy-three thousand) KZT for the charity event "Road to School" for children from low-income families, children deprived of parental care.
2,205,000
Total amount of charitable assistance provided in 2023 amounted to 2,205,000 (two million two hundred and five thousand) KZT.
