CONTENTS / STRATEGY IMPLEMENTATION REPORT / STRATEGIC DIRECTION 4. IMPLEMENTING SUSTAINABLE DEVELOPMENT PRINCIPLES
STRATEGIC DIRECTION 4.
IMPLEMENTING SUSTAINABLE DEVELOPMENT PRINCIPLES
KASE consistently promotes the best international practices in the field of sustainable development, including in terms of improving the disclosure of ESG information among exchange-listed companies, conducting trainings and training seminars on responsible investing (PRI) and disclosing information on ESG criteria, expanding products that comply with sustainable development principles.
KASE is one of 39 exchanges – members of the World Federation of Stock Exchanges that disseminate the ESG-based reporting methodology and one of 48 exchanges promoting ESG criteria.
As part of the implementation of sustainable development principles, KASE is developing a corresponding policy, which is supposed to be implemented in 2020.
As a legal entity and infrastructure organization, KASE pays special attention to compliance with high standards of corporate governance, ecological friendliness of business and social responsibility and discloses information about these aspects of its operation, and this information is also presented in this report (section "Corporate Report").
KASE strives for the most efficient management of risks inherent to its business and ensuring of its continuity.
The process of risk management on the Exchange has a preventive nature, and is carried out throughout the Exchange under the control and with the direct participation of the management body. The Exchange has built a model of interaction within the framework of the risk management system in such a way that all organizational levels are involved in the risk management process – from the Board of Directors to specialists of units. Detailed information on the risk management system and ensuring business continuity is disclosed in this report (section "Risk Management System").