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ESG25.01.2023

Jusan Bank Received a Pilot ESG Assessment under S&P Global Corporate Sustainability Assessment

The S&P Global Corporate Sustainability Assessment assessed Jusan Bank’s sustainable development efforts for the first time.

The S&P Global Corporate Sustainability Assessment assigned Jusan Bank, one of the leading banks in the Republic of Kazakhstan, a score of 23/100. The Bank received 27 points in the Governance & Economic Dimension, 11 points in the Environmental Dimension, and 24 points in the Social Dimension.

This is one of the first public and internationally recognised ESG ratings assigned to an STB in Kazakhstan.

According to the S&P Global Corporate Sustainability Assessment, as of December 14, 2022, Jusan Bank was on the 60th percentile rank in the global banking sector (BNK). As per the rating agency, 705 companies representing the global banking industry were assessed for sustainability.

The assessment, among other things, noted the strong position of Jusan Bank in information security and countering cyber threats, as well as business ethics.

Given the pilot ESG scoring, Jusan Bank is committed to consistently refining the corporate practices in the sustainable development, as well as in improving the non-financial information disclosure quality.

Focusing on the principles of sustainable banking and openness to its stakeholders, Jusan Bank intends to undergo an assessment of its sustainable development efforts on an annual basis. It is worth noting that the last year the Bank for the first time published its carbon footprint calculations and non-financial sustainability report following 2021 as compiled in line with the international GRI standard, demonstrating the commitment of this financial institution to meet the high demands and requirements of the society for ethical business conduct, care for personnel and the environment (Jusan Bank Sustainability Report).

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