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As of 2022, Moscow Exchange is not a party or a signatory to the UN Global Compact (UNGC). Nevertheless, it adheres to the 10 principles set forth in it. Moscow Exchange strives to ensure respect for human rights and fair working conditions. Furthermore, it works to prevent corruption in all forms and to promote environmental protection in regions where it has a presence.

UN Global Compact principle

Position of Moscow Exchange and measures taken to support the principles

Relevant regulatory documents and initiatives of Moscow Exchange

Human rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights

Principle 2: Businesses should make sure that businesses are not complicit in human rights abuses

Moscow Exchange carries out all its activities in accordance with the Constitution of the Russian Federation. It has also ratified and implements international agreements on the protection of human rights.

Moscow Exchange does not participate directly or indirectly in the financing of organisations whose activities involve human rights abuses.

Moscow Exchange takes measures to protect employees from verbal and non-verbal harassment, discrimination on any grounds, humiliation, and threats in any form.

Human rights risks are included in the risk management system and are regularly evaluated when the risk map is updated.

Moscow Exchange Group also regularly assesses the risk of human rights abuses associated with data confidentiality. To evaluate such risks, it uses proprietary methodology for assessing risk appetite.

The main tool for detecting and preventing human rights abuses is the Speak Up! hotline, which is available to employees of the Company. There is also a publicly available hotline on the Moscow Exchange website that any stakeholder can use to report human rights abuses committed by companies of the Group.

Should there be any cases of human rights abuse in the course of Moscow Exchange’s activities, it is obliged to take measures to rectify them. The Risk Management Commission of the Supervisory Board and the Internal Audit Service are the main structural units that monitor human rights indicators at the Group

Code of Professional Ethics of Moscow Exchange


Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining

Principle 4: Businesses should uphold the elimination of all forms of forced and compulsory labour

Principle 5: Businesses should uphold the effective abolition of child labour

Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation

Moscow Exchange recognises the rights of its employees to enter into collective agreements, exercise freedom of assembly and association, establish organisations representing their interests, and join them without fearing any consequences.

The staff of Moscow Exchange Group have not formed a trade union; therefore, the Group does not consult with trade unions in the course of its activities. Nevertheless, Moscow Exchange supports the right of employees to protect their legitimate labour rights and interests.

In the event of labour or human rights abuses, employees may use the hotline or contact the managers of the Group’s companies.

Moscow Exchange adheres to high standards of labour protection and provides its employees with a safe and comfortable workplace.

Moscow Exchange upholds the principles of diversity and equal opportunity; it respects diverse cultures, opinions and lifestyles.

Moscow Exchange prohibits all affronts to human dignity, aggression, and the use of child, forced, or compulsory labour.

Moscow Exchange does not tolerate any form of discrimination based on gender, religion, personal belief, ethnicity, nationality, physical ability, gender identity, skin color, marital status, political views, or affiliation with any particular social group.

Moscow Exchange is not involved in any activity that could contribute to a workplace atmosphere conducive to intimidation, hostility, abuse, or abasement of human dignity.

The Exchange regularly conducts employee satisfaction surveys to assess working conditions; such surveys can also be used to bring interpersonal issues to light.

The Exchange informs employees about its human rights approaches by posting the relevant information on the intranet. It also circulates newsletters on the topic and holds relevant training.

The employment policies of the Group’s companies comply with the labour laws of the Russian Federation. Russian laws prohibit forced, compulsory or child labour.

Moscow Exchange strictly complies with the minimum wage requirements established by Russian law. Employees’ entry-level compensation is higher than the minimum wage in the regions where the Group has a presence.

The Group encourages contractors with whom it interacts to adhere to the ethical principles set out in the Code of Professional Conduct, including those that relate to human rights.

Detailed information is available in this Report in the Respect for Human Rights, Equal Opportunities and Staff Engagement subsection.

Code of Professional Ethics of Moscow Exchange

Code of Professional Conduct

Social Responsibility Memorandum


Principle 7: Businesses should support a precautionary approach to environmental challenges

Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility

Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies

Moscow Exchange shares responsibility for the state of the environment and the rational use of natural resources. It supports a precautionary management approach and takes measures to reduce the negative impact of its activities on the environment.

Moscow Exchange takes measures to reduce the ecological footprint of its activities. It helps search for solutions to environmental problems in its interactions with business partners, supervisory authorities, and other financial sector participants.

Every year, measures are planned and implemented to reduce energy and water consumption, as well as to collect and dispose of waste.

Moscow Exchange offers customers various ESG products that comply with responsible investment principles.

Detailed information is available in this Report in the Resource Efficiency and Environmental Impact subsection

Moscow Exchange Environmental Policy

Programme for Industrial Environmental Control of Moscow Exchange

Green Bond Segment of the Sustainability sector


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

Moscow Exchange has a zero-tolerance policy regarding all forms of corruption.

The Internal Control and Compliance Department is responsible for general management of corruption risks.

Moscow Exchange uses the Speak Up! hotline to receive anonymous reports from employees on compliance issues, including alerts about possible instances of corruption. Persons outside the Group can report violations through Moscow Exchange’s website. The identity of anyone who makes such a report is kept confidential. The policy of Moscow Exchange precludes retaliatory measures against such persons by management and in other forms.

The principles of anti-corruption and professional ethics also apply to suppliers and partners of Moscow Exchange. Moscow Exchange includes provisions on anti-corruption and/or professional ethics in the contracts with its business partners.

Detailed information is available in this Report in the Genuine Corporate Governance and Business Ethics subsection

Code of Professional Ethics of Moscow Exchange

Anti-Corruption Policy

Policy on Whistle-blowing and Non-retaliation Guarantee