IMPLEMENTATION OF THE MOSCOW EXCHANGE SUSTAINABILITY ROADMAP IN 2022
UN SDGs and topic number | Objectives and impact rating | Stakeholders | Activities | Implemented in 2022 |
|---|---|---|---|---|
Genuine corporate governance and business ethics | ||||
G1  | Corporate governance system (7.08) | Moscow Exchange shareholders | Improving gender balance in corporate governance bodies Conducting an evaluation (internal and external) of the Supervisory Board | Increase in the proportion of women on corporate governance bodies from 20% to 21% Increased level of efficiency of the Supervisory Board’s performance based on the assessment |
G2  | Business ethics and compliance (6.6) | Employees Market participants and their clients Suppliers and contractors | Preparing for a second (supporting) audit of ISO 37301 Compliance Management Systems Conducting an event to improve the compliance culture in the Moscow Exchange Group | Percentage of employees who successfully completed anti-corruption training: 99% ISO 22301, ISO 37301: NCC certification audit, supporting audit of Moscow Exchange Percentage of incidents of possible violations of the Code of Ethics investigated/accepted: 100% |
G3 | Supply chain management (5.3) | Suppliers and contractors | Approving and implementing of the Supplier Code of Responsible Conduct; introduction of a familiarisation procedure Assessing risks of human rights violations with respect to suppliers Introducing an environmental control system for suppliers | Development of the Supplier Code, launch of its approval procedure by the governing bodies of Moscow Exchange Number of suppliers that underwent human rights risk assessment: 0 Number of suppliers that have undergone an environmental assessment: 0 |
G4  | Expanding partnerships for sustainable development (5.3) | Professional associations and ESG agencies | Joining the UN Global Compact Joining climate change initiatives | Postponement of joining international initiatives |
Respect for human rights, equal opportunities and staff engagement | ||||
R1  | Employee engagement and efficiency (6.3) | Employees | Conducting an employee satisfaction survey and identifying opportunities for growth Developing solutions based on the results of employee engagement assessments at company and unit level | Conduct of an employee engagement assessment Percentage of engaged employees: 86.2% Percentage of satisfied employees: 88.6% |
R2  | Learning and developement (5.8) | Employees | Providing regular training for employees in line with business needs | Average number of training per year per employee: 11 hours Number of senior managers trained: 23 males / 0 females Number of functional managers trained: 20 males / 27 females Number of specialists: 11 males / 7 females |
R3 | Diversity and equal opportunities (6.2) | Employees | Developing a gender equality programme Developing an inclusion programme (employees with disabilities) | Development of Moscow Exchange’s Social Responsibility Memorandum (approved on 26 January 2023) |
R4 | Health, safety and well-being of employees (7.2) | Employees | Implementing a programme to identify emotional health issues of employees and approaches to support Implementing a programme to maintain the physical health of employees (wellbeing, including measures to combat COVID-19) Developing a new occupational health and safety management system for subsequent certification (ISO 45001) | Occupational accidents and diseases: 0 Number of employees trained in occupational health and safety: 384 employees |
Environmentally friendly and trusted market infrastructure | ||||
E1  | Risk management (5.8) | Moscow Exchange shareholders | TCFD: Assessing the risks and opportunities associated with climate change Training for employees with a focus on anticipating likely events and threats Conducting external quality assessment of the risk management system | Adoption of a Climate Risk Management Policy, inclusion of climate risk in the risk map, updating risk and opportunity assessments Percentage of employees trained in predicting likely events and threats: 97% |
E2  | Information security (8.6) | Market participants and their clients | Confirmation of compliance with ISO 27001, ISO 22301 Testing the Exchange’s Business Continuity Plan (BCP) | Data leakage: 0 Conducting an ISO 27001, ISO 22301 audit (external or internal) Percentage of BCP testing activities, plan vs. fact: 100% |
E3 | Sustainable technological development (7.9) | Market participants and their clients Moscow Exchange shareholders | Maintaining business continuity and service quality of exchange services in the new environment of disrupted former supply chains Bringing the share of green energy to the maximum: covering NSD and data centres Conducting load testing of tender management systems | IT systems availability rate: 99.99% Increase in the share of purchased green electricity to 72% Number of load testing of the trading systems: 1 |
E4 | Eco-efficiency and low-carbon development (4.5) | Regulators and government authorities Employees Professional associations and ESG agencies | Updating environmental documentation within the framework of applicable environmental legislation Reducing water consumption intensity in office buildings through the purchase of equipment Reducing the intensity of waste generation in office buildings Increasing the percentage of waste transferred for treatment/recycling/reuse Doing renovation work in compliance with all environmental legislation | Development and submission for approval by the Supervisory Board of the Moscow Exchange Environmental Policy Reduction of electricity consumption by 37.85% Reduction of heat consumption by 9.85% Reduction of waste generation by 20.8% 21-fold increase in the amount of waste handed over for treatment 69.85% increase in the amount of waste handed over for neutralisation and recycling |
E5  | Market access and customer outreach (5.1) | Clients of the personal finance platform Finuslugi Market participants and their clients | Expanding the product range Developing a platform for retail investors | Increase in the Customer Satisfation Index (CSI) to 8.7 Number of registered individuals who use two or more Moscow Exchange markets: 3 million Number of new products on the personal finance platform Finuslugi: 1 |
Advanced practices of responsible investing | ||||
А1 | Development of exchange-based sustainable financing (6.2) | Issuers Trading members | Improving the regulatory framework for the following types of securities: transition bonds, sustainability bonds Conducting activities to stimulate placements in the Sustainability Sector | Volume of new bond issues in the Sustainability Sector: RUB 106.2 billion Seven events for issuers on new types of securities in the Sustainability Sector |
А2 | ESG indices and market data (6.2) | Professional associations and ESG agencies Trading members | Expanding and adapting the ESG indices in line with demand from market participants | Launch of one new ESG index (the index was launched on 1 March 2023) |
А3 | Growth and IIM sectors (5.8) | Issuers Trading members | Enhancing growth opportunities and access to financing for small and medium-sized enterprises (Growth Sector) Enhancing growth opportunities and access to financing for companies developing innovative products (IIM sector) | Volume of placements in the Growth Sector: RUB 5.6 billion Volume of securities issued in the Innovation and Investment Market: RUB 15.6 billion |
А4 | Registry and trade in carbon units (5.9) | Issuers Trading members Regulators and government authorities Development institutions and international organisations | Launching the carbon register for NSD Organising and supporting carbon units trading on NAMEX | Launch of the carbon unit registry Launch of trading in quota implementation units |
А5 | Comminication of sustainability trends, standards and practices to issuers (6.3) | Issuers | Making regular publication of the current Issuer Guidelines on How to Comply with Best Sustainability Practices Conducting ESG events for issuers and other stakeholders Conducting a survey of issuers on sustainability awareness | Updating of the Best Practice Guide for Issuers Conduct of 15 ESG events by Moscow Exchange Conduct of a survey on issuers’ awareness of sustainability issues |
А6 | Improvement of Moscow Exchange’s ESG disclosure and ESG ratings (6.3) | Moscow Exchange shareholders and investors Professional associations and ESG agencies | Preparing and disclosing a Sustainability Report with professional assurance Creating a single file (databook) for the collection and monitoring of quantitative ESG data Updating the website page on sustainable development Increasing ESG ratings by increasing disclosure and demonstrating progress | Issue of the 2021 Sustainability Report with professional assurance Development and posting on Russian and English websites of the ESG-databook containing quantitative indicators of Moscow Exchange activities Updating of the sustainability web-pages on MOEX’s Russian- and English-language website Number of ESG rating upgrades and finding in ESG indices: 1 |
Trusted relations with local communities | ||||
Т1 | Financial literacy of retail investors (7.2) | Market participants and their clients Residents of the region of presence | Carrying out events to promote financial literacy (webinars) Partnering with universities and other organisations to promote financial literacy | Number of people who participated in financial literacy events organised by the Exchange: 500,000 Number of unique clients in the trading system: 22.9 million |
Т2   | Charity, sponsorship (4.8) | Residents of the region of presence | Aligning charity policy with business priorities and strategy Establishing a charity data collection system for effective monitoring of spending and impact Incorporating biodiversity protection projects into charitable activities | Value of contributions towards charity: RUB 189 billion Planting of 40,000 trees |