Participation in the UN Global Compact Global

Since December 9, 2024, DAMU Fund became a participant of the United Nations Global Compact (UNGC), a key Global initiative. This decision aligns with the Fund’s ESG roadmap, enhances its international reputation, and reinforces its commitment to sustainable development principles.

The UN Global Compact is the world’s largest corporate sustainability initiative, uniting organisations worldwide to promote principles in human rights, labor, environment, and anti-corruption. It assesses participants’ progress in implementing the Ten Principles of the UN Global Compact and the Sustainable Development Goals (SDGs) through an annual Communication on Progress (CoP) report.

As a leading operator supporting SMEs in Kazakhstan, DAMU Fund shares the values of this initiative. Participation in the UNGC will demonstrate the Fund’s commitment to international sustainability standards, strengthen engagement with global partners, and enhance public and investor trust.

By joining the UN Global Compact, DAMU Fund pledges to uphold the Ten Principles in the areas of human rights, labor, environment, and anti-corruption.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.
Principle 2: Make sure that they are not complicit in human rights abuses.

Labor

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.
Principle 4: The elimination of all forms of forced and compulsory labour.
Principle 5: The effective abolition of child labour.
Principle 6: The elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges.
Principle 8: Undertake initiatives to promote greater environmental responsibility.
Principle 9: Encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.