REG - JSC NAC Kazatomprom - S&P Global improves Kazatomprom’s ESG score

S&P GlobalAnnouncement

18/12/2024 08:45

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RNS Number : 5564Q  JSC National Atomic Co. Kazatomprom  18 December 2024

AIX: KAP, KAP.Y (GDR)

LSE: KAP (GDR)

 

 

 

18 December 2024, Astana, Kazakhstan

S&P Global improves Kazatomprom's ESG score

National Atomic Company Kazatomprom JSC ("Kazatomprom" or the "Company")
informs that on 6 December 2024, S&P Global, an international rating
agency, has assigned the Company a Corporate Sustainability Assessment (CSA)
score of 48/100, with a total ESG score of 50/100. Kazatomprom's CSA score is
7 points higher compared to the previous year, and almost twice the industry
average, which confirms the success of the Company's sustainable development
strategy.

ESG ratings provide an objective assessment of companies' sustainability,
including their contribution to environmental and social risk exposure, as
well as an analysis of transparency and governance standards. An improvement
of the ESG score by S&P Global reflects Kazatomprom's effective ESG
management practices and indicates the Company's strong commitment to
developing responsible business.

Kazatomprom is committed to the highest standards in its operations. Improving
sustainable development practices remains a key element of the strategy aimed
at ensuring the Company's stability and competitiveness, as well as creating
long-term value for all stakeholders. Effective disclosure of ESG information
contributes to the timely identification of risks and opportunities, which
enhances the Company's flexibility in the face of new challenges.

Kazatomprom will continue to improve its ESG scores, enhancing its sustainable
development practices. This milestone helps the Company to achieve strategic
goals and strengthens its leading position in the industry.

The full ESG Evaluation report from S&P Global Ratings is available at:
https://www.spglobal.com/esg/scores/results?cid=4351546
(https://www.spglobal.com/esg/scores/results?cid=4351546) .

 

For more information, please contact:

Public Relations and Media Inquiries

Altynay Karibzhanova, Chief Expert, Public Relations

Tel: +7 7172 45 80 63

Email: pr@kazatomprom.kz (mailto:pr@kazatomprom.kz)

 

Investor Relations Inquiries

Botagoz Muldagaliyeva, Director, Investor Relations

Tel.: +7 7172 45 81 80/69

Email: ir@kazatomprom.kz (mailto:ir@kazatomprom.kz)

 

About Kazatomprom

Kazatomprom is the world's largest producer of uranium with the Company's
attributable production representing approximately 20% of global primary
uranium production in 2023. The Group benefits from the largest reserve base
in the industry and operates, through its subsidiaries, JVs and Associates, 27
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
(ISO 45001 and ISO 14001 certified).

Kazatomprom securities are listed on the London Stock Exchange and the Astana
International Exchange. Kazatomprom is the national atomic company in the
Republic of Kazakhstan, the Group's primary customers are operators of nuclear
generation capacity, 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 Astana,
Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House
KazakAtom AG (THK).

For more information, please see the Company website at www.kazatomprom.kz
(https://www.kazatomprom.kz/en) .

Forward-looking statements

All statements other than statements of historical fact included in this
communication or document are forward-looking statements. Forward-looking
statements give the Company's current expectations and projections relating to
its financial condition, results of operations, plans, objectives, future
performance and business. These statements may include, without limitation,
any statements preceded by, followed by or including words such as "target,"
"believe," "expect," "aim," "intend," "may," "anticipate," "estimate," "plan,"
"project," "will," "can have," "likely," "should," "would," "could" and other
words and terms of similar meaning or the negative thereof. Such
forward-looking statements involve known and unknown risks, uncertainties and
other important factors beyond the Company's control that could cause the
Company's actual results, performance or achievements to be materially
different from the expected results, performance or achievements expressed or
implied by such forward-looking statements. Such forward-looking statements
are based on numerous assumptions regarding the Company's present and future
business strategies and the environment in which it will operate in the
future.

THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A
NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT
ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH
CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL
OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE
REALISED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE
OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS
OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES
RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN.

The information contained in this communication or document, including but not
limited to forward-looking statements, applies only as of the date hereof and
is not intended to give any assurances as to future results. The Company
expressly disclaims any obligation or undertaking to disseminate any updates
or revisions to such information, including any financial data or
forward-looking statements, and will not publicly release any revisions it may
make to the Information that may result from any change in the Company's
expectations, any change in events, conditions or circumstances on which these
forward-looking statements are based, or other events or circumstances arising
after the date hereof.

 

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