The Damu Foundation strives to improve the environmental impact of ongoing and planned activities. At the same time, taking into account the specifics of its activities, the Fund does not have a direct significant impact on the environment. The main resources consumed by the Foundation are electricity, heat and water. The Damu Fund takes measures to reduce the environmental impact of operating activities, develops “green” products, raises awareness of supported entrepreneurs, trains its own specialists in accordance with the approved documents of the Fund in the field of sustainable development, and also conducts training seminars on the topic of ecology and impact on her.

Since 2021, the Fund has had an Environmental and Social Policy. The objectives of the Environmental and Social Policy of the Fund are:

reducing potential negative environmental and social impacts and increasing potential positive environmental and social effects from the Fund’s activities;
encouraging direct finance clients to develop and maintain environmental and social risk management systems;
taking into account the interests of the public in the field of the project’s impact on the environment, as well as in the field of social impact, when making decisions on financing projects and their implementation.

The Fund actively participates in national and international initiatives in the field of sustainable development aimed at facilitating the country's accelerated transition to a green economy. In this regard, since 2017, the Foundation has been collaborating with the UN Development Program in Kazakhstan, within the framework of which there has been a positive result, tools have been developed and implemented to support and develop projects for the Energy Efficiency of Urban Infrastructure and the reduction of CO2 emissions, as well as reducing the risks of investing in renewable energy sources .

The Damu Fund, together with UNDP and the Astana International Financial Center, made a significant contribution to the development of the basic legislative and regulatory framework for the development of the green finance market. In December 2021, the Environmental Code introduced a taxonomy of green projects to be financed through green bonds and loans, which provided a legislative definition of green projects and green financing.

The Damu Fund's piloting of the first green instruments for UNDP programs gave a positive impetus to the creation and development of the sustainable finance market in Kazakhstan

Environmental and social policy Damu Entrepreneurship Development Fund JSC

Rules for the provision of sponsorship and charitable assistance Joint-stock Company Damu Entrepreneurship Development Fund

Reports on the provision of sponsorship and charitable assistance

Damu Entrepreneurship Development Fund JSC report on the debut issue of social bonds for 2022

Damu Entrepreneurship Development Fund JSC report on the debut issue of social bonds

Report on the expression of an independent opinion on the compliance of the second issue of exchange-traded bonds of Damu Entrepreneurship Development Fund JSC with the principles of social bonds

The Fund's policy in the field of social bonds (Social Bond Framework)

Sub-blocks of the section

Guided by the principles of responsible consumption, the Foundation sets a goal to reduce electricity consumption for domestic needs, using environmentally friendly, energy- and material-saving technologies. Thus, the actual reduction in electricity consumption in 2022 was 12% compared to 2021.

Due to the digitalization of business processes and the transition to electronic forms, the consumption of office paper has significantly decreased.

The removal of non-hazardous waste is carried out at the Fund on the basis of a Service Purchase Agreement, which is concluded on an annual basis with service providers.

In order to increase the environmental focus of the Fund's partners, changes were approved to standard agreements with the Fund's partners, taking into account the implementation of the principles of sustainable development, which are communicated to all the Fund's partners.

Indicators	2020 y.	2021 y.	2022 y.
Reduced level of energy resource consumption by the Fund compared to previous years, %	The Fund’s electricity consumption in 2020 compared to 2019 decreased by 15.4%	The Fund's electricity consumption in 2021 increased by 12.5% compared to 2020 *	The actual reduction in electricity consumption in 2022 was 12% compared to 2021
Volume of water consumption, cubic meters.	4 179 cubic meters	4 293 cubic meters	3 392 cubic meters

Concern for the environment

Sub-blocks of the section