National Atomic Company Kazatomprom JSC ("Kazatomprom" or "the Company") is pleased to announce that the Company has officially become a full member of the United Nations Global Compact ("UN Global Compact"), the world's largest corporate sustainability initiative that aligns more than 16,000 member companies from 161 countries in taking positive actions to advance societal goals.
The UN Global Compact plays a key role in strengthening cooperation and partnerships between the UN and governments, civil society and the private sector. Joining this initiative reinforces the commitment of participating companies to consistently implement the ten universal principles of the UN Global Compact in their activities, covering the fields of human rights, labor, environment and anti-corruption. Membership also conveys the intention to harmonize the strategies and activities among program participants to promote the ten universal principles and values of the UN, while taking action to achieve social and sustainable development goals.
"Joining the UN Global Compact confirms the Company's commitment to the ten principles of the UN Global Compact and its support for the global agenda, goals and initiatives of the UN in the field of sustainable development," said Mazhit Sharipov, chief executive officer of Kazatomprom. "Sustainable development is integral to Kazatomprom's development strategy and as part of its implementation, the Company is constantly working to improve corporate practices to meet the highest international standards of industrial safety, environmental and social responsibility, and corporate governance. As the world's leading producer and supplier of natural uranium, Kazatomprom will continue working to implement the ten principles of the UN Global Compact throughout its activities, while promoting the best global practices of sustainable development and responsible business standards, not only in the uranium mining and nuclear industries, but across the Kazakh business community as a whole."
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, International Adviser, Investor Relations
Botagoz Muldagaliyeva, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Gazhaiyp Kumisbek, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
A copy of this announcement will be made available at www.kazatomprom.kz.
Kazatomprom is the world's largest producer of uranium, with the Company's attributable production representing approximately 24% of global primary uranium production in 2021. The Group 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 environment standards.
Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please see the Company website at http://www.kazatomprom.kz
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NAK Kazatomprom AO published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 11:13:53 UTC.