ESG

ESG - a new vector of sustainable development. The topic of sustainable development was widely discussed at the panel session «ESG Principles in Industrial Waste Management» of GEWR Business Forum in Nur-Sultan. ESG (Environmental, Social, Governance principles) can be decoded as «environment, social policy and corporate governance», where E - issues related to the company's impact on the environment and climate, S - issues related to the quality of relations with employees, contractors, counterparties, G - corporate governance issues.

Representatives of the KazEnergy Association, the ESG Centre of Expertise of the Institute of Economic Research under the Ministry of National Economy of Kazakhstan, the Association of Mining and Metallurgical Enterprises and West Dala took a part in the discussion as speakers. Atameken in Kazakhstan has adopted a National Corporate Governance Code, where disclosure of ESG information is a key determinant of governance transparency. The Kazakhstan Stock Exchange introduced mandatory ESG reporting from 2021.

«For companies in the industrial waste management sector, the topic of ESG will become increasingly relevant as many industries gradually move towards a sustainable development model. In particular, this applies to Kazakhstan's oil and gas industry», - said forum speaker Dias Khabiev, Director for Corporate Development of West Dala.
The panelists were unanimous in saying that ESG sustainability approaches improve the way companies do business and increase their investment attractiveness.

 

                                          

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The representatives of the Regional Environmental Council of the Atyrau Regional Branch of the "AMANAT" party together with the leadership of the Department of Ecology and the Department of Natural Resources and Environmental Regulation of the Atyrau Region, visited Waste Management Facility (WMF) and the Integrated Landfill of West Dala LLP. 

At the 3GP project site, our colleague, site coordinator Kabdolov Salamat, was honored with a Certificate of Appreciation and a Bronze Medal from TCO. 

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