IMPLEMENTATION OF THE MOSCOW EXCHANGE SUSTAINABILITY ROADMAP IN 2023
UN SDGs and topic number | Objectives and impact ratingImpact rating refers to the integral rating of a significant topic, which is calculated as the sum of the levels of positive and negative impact on stakeholders. | Stakeholders | Activities | Implemented in 2023 |
|---|---|---|---|---|
Genuine corporate governance and business ethics | ||||
G1  | Corporate governance system (7.08) | Moscow Exchange shareholders | Increasing the proportion of women in corporate governance bodies | The proportion of women on corporate governance bodies amounted to 19% (21% in 2022) |
Conducting an evaluation (internal and external) of the Supervisory Board | Yes | |||
G2  | Business ethics and compliance (6.6) | Employees Market participants and their clients Suppliers and contractors | Share of employees who successfully completed anti-corruption training | 99.3% |
Carrying out preparatory activities for Group certification according to the ISO 37301:2021 standard for effective compliance | Yes | |||
Proportion of incidents investigated/addressed regarding possible violations of the code of ethics | 100% | |||
G3 | Supply chain management (5.3) | Suppliers and contractors | Approval and implementation of the Supplier Code of Conduct; introduction of a familiarisation procedure | The Code was reviewed by the Procurement Commission and recommended for approval by the Management Board. |
Number of suppliers that have undergone an environmental and human rights risk assessment | 0 | |||
G4  | Expanding partnerships for sustainable development (5.3) | Professional associations and ESG agencies | Joining the UN Global Compact | The joining of Global Compact was postponed. |
Joining climate change initiatives | Joining the Russian Climate Partnership | |||
Respect for human rights, equal opportunities and staff engagement | ||||
R1  | Employee engagement and efficiency (6.3) | Employees | Conduct an employee engagement survey | Yes |
Developing solutions based on the results of employee engagement assessments at company and unit level | Yes | |||
R2  | Learning and development (5.8) | Employees | Average number of training hours per year per employee | 15 hours |
Number of training hours for senior managers, functional managers and male/female specialists | Number of training hours for senior managers: 146 / 68. Number of training hours for functional managers: 25 / 21. Number of training hours for specialists: 13 / 10. | |||
R3 | Diversity and equal opportunities (6.2) | Employees | Approval of the Memorandum on corporate social responsibility in the Moscow Exchange Group | Yes |
Number of employees with disabilities | 18 people | |||
R4 | Health, safety and well-being of employees (7.2) | Employees | Number of employees who completed distance learning in occupational safety and health at a certified training center | 427 |
Approval of new management system documents in the field of labor protection (ISO 45001) | 53 documents | |||
Environmentally friendly and trusted market infrastructure | ||||
E1  | Risk management (5.8) | Moscow Exchange shareholders | Integration of climate risk monitoring metrics | Yes |
Conducting scenario analysis in accordance with NGFS scenarios (Network for Greening the Financial System) | Yes | |||
E2  | Information security (8.6) | Market participants and their clients | Conducting an audit according to ISO 27001, ISO 22301 (external or internal) | Yes |
Compliance with the operational reliability regime under information threats conditions | 100% | |||
Share of completed planned business continuity plan (BCP) testing activities | 100% | |||
E3 | Sustainable technological development (7.9) | Market participants and their clients Moscow Exchange shareholders | Availability rate of real-time trading systems | 99.98% |
Number of load tests of trading systems | 1 | |||
Share of Russian manufacturers and manufacturers from friendly jurisdictions (software and equipment) of total purchases | 40% | |||
E4 | Eco-efficiency and low-carbon development (4.5) | Regulators and government authorities Employees Professional associations and ESG agencies | Implementation of an environment management system in accordance with ISO 14001:2015 standard | Implemented |
Water consumption intensity, m3/person | 9.98 | |||
Waste generation rate, t/person | 0.13 | |||
Share of green energy consumption | 92% | |||
Reduction of electricity consumption | By 8% | |||
Reduction of the amount of generated waste | Not achieved | |||
Installation of equipment for collecting glass and tin containers | Yes | |||
E5  | Market access and customer outreach (5.1) | Clients of the personal finance platform Finuslugi Market participants and their clients | Conducting an assessment of the integral Customer Satisfaсtion Index (CSI) (CSI) | Yes |
Number of registered individuals who use two or more Moscow Exchange markets: | 2.6 million | |||
Number of Russian cities covered by financial services | 166 | |||
Advanced practices of responsible investing | ||||
А1 | Developing exchange-based sustainable financing (6.2) | Issuers Trading members | Volume of new bond issues in the Sustainability Sector | RUB 140.6 billion |
Number of events to stimulate placements in the Sustainability Sector | 5 | |||
А2 | ESG indices and market data (6.2) | Professional associations and ESG agencies Trading members | Development of a methodology for one new ESG index | “Moscow Exchange |
А3 | Growth sectors (5.8) | Issuers Trading members | Volume of placements in the Growth Sector | RUB 11.3 billion |
А4 | Registry and trade in carbon units (5.9) | Issuers Trading members Regulators and government authorities Development institutions and international organisations | Transfer of ownership over carbon units register to the state | The register was accepted by the Ministry of Economic Development of the Russian Federation |
Implementation of the carbon unit tagging process | Developed and tested | |||
Organisation of interaction with trading platforms | The process is organized | |||
А5 | Informing issuers about sustainability trends, standards and practices (6.3) | Issuers | Conducting an analysis of issuers’ disclosure of information on gender equality | Conducted on 60 issuers |
Conducting ESG events for issuers and other stakeholders | 13 | |||
Conducting a survey of issuers on sustainability awareness | yes | |||
Ringing the Bell in support of gender equality | yes | |||
А12 | Improvement of Moscow Exchange’s ESG disclosure and ESG ratings (6.3) | Moscow Exchange shareholders and investors Professional associations and ESG agencies | Preparation and disclosure of a Sustainability Report with professional assurance | Yes |
Creation of a single file (databook) for the collection and monitoring of quantitative ESG data | Yes | |||
Increase ESG ratings by increasing disclosure and demonstrating progress | Yes | |||
Update of ESG-Databook | Yes | |||
Updating the website page on sustainable development | Yes | |||
Updating Sustainability Roadmap | Sustainability Roadmap has been updated and approved by the Executive Board | |||
Number of upgrades of Moscow Exchange PJSC ESG ratings | Two: upgrade in the ratings of the Russian Union of Industrialists and Entrepreneurs “Sustainability Vector Index” and “Responsibility and Transparency Index” | |||
Trusted relations with local communities | ||||
Т1 | Financial literacy of retail investors (7.2) | Market participants and their clients Residents of the region of presence | Number of people who participated in financial literacy events organised by the Exchange | 500,000 |
Number of unique clients in the trading system | 29.7 million | |||
Number of upgrades of Moscow Exchange PJSC ESG ratings | Two: upgrade in the ratings of the Russian Union of Industrialists and Entrepreneurs “Sustainability Vector Index” and “Responsibility and Transparency Index” | |||
Т2   | Charity, sponsorship (4.8) | Residents of the region of presence | Share of expenses for charity and sponsorship from planned net profit | > 0.5% (211 million RUB) |
Conducting an assessment of the effectiveness of charity | Yes | |||
Assessing indicators of positive impact on a protected species | The impact of assistance to bison has been assessed | |||
Т2 | Business, educational and image events (7.2) | Market participants and their clients Residents of the region of presence Regulators and government authorities Professional associations and ESG agencies | Number of business, educational and image events that the Moscow Exchange organized or supported | 274 |
Coverage of business, educational and image events that the Moscow Exchange organized or supported | > 100 thousand people | |||