Sustainable Development

Social Responsibility

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The Company has paid a 10 million dollar recognition bonus in compliance with the provisions of the Subsoil Use Contract. In accordance with the agreements reached with the local administrations of Astana and the Astana Region, ZHAKSYMAI OIL, LLP is a dependable partner in the establishment of a stable and welcoming social environment throughout the Republic of Kazakhstan. It also supports the growth of education, culture, and sports, as well as the enhancement of population health. During the duration of its operations under the Contract, which began in 2006, the Company has contributed $6,5 million or 1,76 billion tenge to the social and economic advancement of the Astana region. All obligations for the years 2022–2023 totaling $1 720 404 838.

Furthermore, the Company gave the Astana Fund for Development a donation of $1.8 million in 2023. The company provided $20 000 in funding to the Astana football club “Kaisar” in 2022 so that they could compete in the Republic of Kazakhstan Championship alongside Premier League clubs and youth and children’s football departments. Within 16 years, the corporation has invested a total of 78 billion tenge, or more than $300 million. The business donated 113 million tenge ($274 thousand) in social aid (drugs, medical supplies, and other items) to the area during the pandemic.

In 2022, the corporation launched and funded social projects worth 111,305,714.30 tenge ($242 thousand), in addition to social contributions totaling 1,643,664,611.00 tenge (nearly $3.5 million). The organization has created two more social programs for workers with large families in addition to initiatives to give employees material support. In terms of industrial safety and environmental protection, the company complies fully with all laws and regulations of the Republic of Kazakhstan. It also puts in place a system of measures designed to meet the highest international standards in this regard in order to minimize potential harm to the environment and human health as well as to prevent accidents at work. By enforcing regulations on business ethics, health, safety, and environmental protection, control and finance, and relations with employees, shareholders, and outside groups, the corporation complies with the Code of Business Ethics.

It should be mentioned that the development of a training system that satisfies the immediate needs is necessary in light of the new organizational activity model. Furthermore, even if rivals’ sheer existence undoubtedly benefits society, conducting in-depth research on them simply serves to exacerbate factional conflicts and make them a laughingstock. All of a sudden, the third-world countries that are actively developing and have overcome the challenging economic climate are constrained solely by their mentality.

It is hard to argue for or against subjecting Internet entrepreneurs, at every level, to an extensive array of independent investigations. Naturally, the high-tech idea of social organization is generally ideal for implementing the current administrative and financial frameworks. Additionally, doing in-depth study on rivals is merely one way to participate in politics and gets exposed. Liberals, who are ready to be taken into consideration by the appropriate authorities in an objective manner, cannot tolerate a scenario in which certain aspects of the political process continue to exist because to cartel collaboration.

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