Moscow Exchange Sustainability Report 2024

Implementation of the Moscow Exchange Sustainability Roadmap in 2024

UN SDGs and topic number

Objectives and impact rating

Stakeholders

Activities

Implemented in 2024

Genuine corporate governance and business ethics

G1

Corporate governance system

(6.7)

Moscow Exchange shareholders

Increasing the proportion of women in corporate governance bodies

The proportion of women on corporate governance bodies amounted to 19% (19% in 2023)

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

99.1%

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

(5.4)

Suppliers and contractors

Approval of the Supplier Code of Conduct of PJSC Moscow Exchange

The Code was approved by the Management Board

Establish a pilot procedure for familiarisation with the Supplier Code of Conduct for medium and high value suppliers

Yes

G4

Expanding partnerships for sustainable development

Professional associations

Development institutions

ESG agencies

Implementation of the cooperation plan with ESG Alliance

Yes

Implementation of joint activities with the Russian Climate Partnership

Participation in two events

Respect for human rights, equal opportunities and staff engagement

R1

Employee engagement and efficiency

(5.5)

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

(5.6)

Employees

Average number of training hours per year per employee

22 hours

Number of training hours for senior managers, functional managers and male/female specialists

Number of training hours for senior managers: 132/140.

Number of training hours for functional managers: 65/66.

Number of training hours for specialists: 15/11.

R3

Diversity and equal opportunities

(5.5)

Employees

Assessing the level of employer brand attractiveness

Yes

Number of employees with disabilities

25 people

R4

Health, safety and well-being of employees

(5.5)

Employees

Number of work-related injuries

0

Organisation of training and testing of knowledge of occupational safety requirements for employees

Yes

Automation of introductory briefings on occupational safety

Yes

Environmentally friendly and trusted market infrastructure

E1

Risk management

(6.0)

Moscow Exchange shareholders

Development of the sustainability risks and opportunities management system

Yes

Integration sustainability risks and opportunities into financial reporting in accordance with IFRS S1 and S2

Yes

E2

Information security

(8.3)

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

99.95%

Number of load tests of trading systems

1

E4

Eco-efficiency and low-carbon development

(4.1)

Regulators and government authorities

Employees

Professional associations, development institutions and ESG agencies

Identification of environmental aspects in accordance with ISO 14001:2015 standard

Yes

Water consumption intensity, m3/ RUB million of revenue

0.1

Waste generation rate, t/ RUB million of revenue

0.002

Share of green energy consumption

88%

Reduction of electricity consumption

Growth of 0.3%

Development of a major repair project based on the requirements of the Clever standard

Cancelled

E5

Market access and customer outreach

(5.0)

Clients of the personal finance platform Finuslugi

Market participants and their clients

Conducting an assessment of the integral Customer Satisfaсtion Index (CSI) (CSI)

Yes

The number of active clients who made at least one trade on the stock market during the month

3.9 million

Advanced practices of responsible investing

А1

Developing exchange-based sustainable financing

(5.6)

Issuers

Market participants and their clients

Volume of new bond issues in the Sustainability Sector

RUB 52.8 billion

Number of events to stimulate placements in the Sustainability Sector

5

А2

ESG indices and market data

(5.5)

Professional associations, development institutions and ESG agencies

Market participants and their clients

Development of a methodology for one new ESG index

1

Development of the ESG module of the Corporate Information Center

Postponed

А3

Growth sector and Innovation and Investment Market

(5.9)

Issuers

Market participants and their clients

Volume of placements in the Growth Sector

RUB 12.0 billion

А4

Registry and trade in carbon units

(5.8)

Issuers

Market participants and their clients

Regulators and government authorities

Professional associations, development institutions and ESG agencies

Launch of the registry operator functionality in terms of accounting for quota fulfillment units

Yes

Organisation of exchange trading of carbon units

Two auctions were held

A4

Registry and trade in carbon units

(5.8)

Issuers

Market participants and their clients

Regulators and government authorities

Professional associations, development institutions and ESG agencies

Launch of test trading of certificates of origin of electricity

Postponed

Ensuring participation in exchange trading of certificates of origin of electricity for the target client base

Postponed

Initiation of a dialogue with BRICS countries on mutual recognition of certificates of origin of electricity

Yes

А5

Informing issuers about sustainability trends, standards and practices

(5.5)

Issuers

Market participants and their clients

Regulators and government authorities

Implementation of requirements for disclosure of non-financial reporting by issuers in the listing rules

Requirements implemented

А5

Informing issuers about sustainability trends, standards and practices

(5.5)

Issuers

Updating and presentation of the Guidelines for Best Sustainability Practices

Yes

Conducting ESG events for issuers and other stakeholders

5

Conducting a survey of issuers on sustainability awareness

Yes

Ringing the Bell and conducting a roundtable in support of equal career opportunities

Yes

А6

Improvement of Moscow Exchange’s ESG disclosure and ESG ratings

(6.7)

Moscow Exchange shareholders and investors

Professional associations, development institutions and ESG agencies

Preparation and disclosure of a Sustainability Report with professional assurance

Yes

Updating 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

One: first cluster of ESG ranking of NRA

Trusted relations with local communities

Т1

Financial literacy of retail investors

(5.9)

Market participants and their clients

Educational and medical institutions, residents of the region of presence

Number of people who participated in financial literacy events organised by the Exchange

>850 thousand people

Number of unique clients in the trading system

35.1 million

Т2

Charity and sponsorship

(4.5, 3.8)

Educational and medical institutions, residents of the region of presence

Share of expenses for charity and sponsorship from planned net profit

>0.5%

(RUB 379.8 million)

Conducting an assessment of the effectiveness of charity

Yes

Implementation of the assistance program of the Federal State Budgetary Institution “Meshchera National Park”

Implemented

Т3

Business, educational and image events

(7.2)

Market participants and their clients

Educational and medical institutions, residents of the region of presence

Regulators and government authorities

Professional associations, development institutions and ESG agencies

Number of business, educational and image events that the Moscow Exchange organised or supported

287

Coverage of business, educational and image events that the Moscow Exchange organised or supported

>100 thousand people