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S&P Global Market Intelligence upgrades Jusan Bank's sustainability score

Kazakhstan Materials 5 July 2024 11:45 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, July 5. S&P Global Market Intelligence has upgraded the assessment of First Heartland Jusan Bank JSC (Kazakhstan) in the field of sustainable development, Trend reports.

According to the information, this assessment indicates significant progress in the fields of sustainable development and responsible business conduct.

Corporate Sustainability Assessment 2023 became the second assessment received by Jusan Bank.

S&P Global Market Intelligence gave Jusan Bank a score of 34/100 (as of May 17, 2024), 11 points higher than the previous period's score. The bank scored 41 on the Governance & Economic Dimension, 15 on the Environmental Dimension, and 33 on the Social Dimension.

Jusan Bank improved its score in each of the S&P CSA dimensions compared to the previous year.

To note, the bank assessed direct and indirect greenhouse gas emissions from on-farm operations in 2022. Last year, the bank published its 2022 Sustainability Report for the second time, which was recognized as the best among financial sector companies at the KASE competition and by PwC Kazakhstan's annual assessment.

Jusan Bank has been a member of the UN Global Compact since 2023, the world's largest sustainability initiative, operating since 2000 and involving more than 21,000 companies and organizations worldwide.

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