In an era where corporate responsibility is more crucial than ever, Freedom Holding has positioned itself as a leader in sustainable business practices. The Nasdaq-listed financial services company, founded in 2008 by Timur Turlov, has expanded its global footprint across 22 countries, reinforcing its commitment to Environmental, Social, and Governance (ESG) principles. By aligning its operations with the United Nations Sustainable Development Goals (UN SDGs), the company is making significant strides in transparency, climate-conscious investing, and social responsibility.
Integrating ESG Principles into Global Operations
Freedom Holding Corp. recognizes that sustainability and long-term financial resilience go hand in hand. The company has woven ESG values into the fabric of its global operations, ensuring that every decision contributes to positive environmental and social outcomes.
Transparency and Ethical Business Practices
Transparency is a core value at Freedom Holding Corp. The company maintains rigorous reporting standards, ensuring investors and stakeholders have access to accurate and comprehensive ESG-related disclosures. This commitment to openness fosters trust and underscores its dedication to ethical business practices.
Climate-Conscious Investing
Understanding the critical role of financial institutions in addressing climate change, Freedom Holding Corp. prioritizes investments that support a sustainable future. The company actively assesses environmental risks and opportunities, steering capital toward responsible investments that align with its ESG objectives.
Social Responsibility at the Forefront
Beyond environmental considerations, Freedom Holding Corp. is deeply invested in social initiatives that uplift communities. The company has allocated over KZT 63.3 billion ($123.3 million) toward more than 120 social and charitable projects between 2023 and 2025. These initiatives span diverse areas, from ecological restoration to educational support, infrastructure improvements, and sports development.
Major Social and Environmental Initiatives
Restoration of the Aral Sea Ecosystem
One of Freedom Holding Corp.’s most impactful environmental projects is its commitment to restoring the Aral Sea ecosystem. Once one of the world’s largest inland bodies of water, the Aral Sea has suffered severe ecological degradation due to unsustainable water management. The company’s efforts include funding reforestation programs, supporting sustainable water use, and collaborating with environmental organizations to rehabilitate affected areas.
Infrastructure Repairs and Disaster Relief in Kazakhstan
Recognizing the importance of strong infrastructure for economic and social stability, Freedom Holding Corp. has invested in critical repair projects across Kazakhstan. These efforts include rebuilding roads, bridges, and public facilities that have been damaged by natural disasters. Additionally, the company provides financial aid and resources to communities affected by floods, earthquakes, and other calamities.
Advancing Education, Culture, and Sports
Education and cultural enrichment are at the heart of Freedom Holding Corp.’s social responsibility strategy. The company has taken significant steps to enhance educational opportunities, including funding the construction of a new campus at Suleyman Demirel University. This investment will provide students with state-of-the-art learning facilities, fostering innovation and academic excellence.
Supporting Youth Football and Chess Programs
Freedom Holding Corp. recognizes the value of sports in fostering discipline, teamwork, and leadership among young people. The company actively supports youth football and chess programs, ensuring that talented individuals have access to high-quality training and competitive opportunities. By investing in these programs, the company aims to nurture future champions and instill lifelong values in young athletes.
Aligning with UN Sustainable Development Goals
Freedom Holding Corp.’s ESG initiatives align with several key UN SDGs, reinforcing its commitment to global sustainability and social equity. Some of the most relevant goals include:
- Goal 6: Clean Water and Sanitation – Through its Aral Sea restoration project, the company is promoting sustainable water management practices.
- Goal 9: Industry, Innovation, and Infrastructure – Investments in infrastructure repairs contribute to economic resilience and sustainable urban development.
- Goal 4: Quality Education – Funding for educational institutions ensures that students receive quality learning experiences that prepare them for future success.
- Goal 11: Sustainable Cities and Communities – Disaster relief efforts help build more resilient communities capable of withstanding environmental and economic challenges.
- Goal 13: Climate Action – Climate-conscious investing reflects the company’s dedication to reducing carbon footprints and supporting green initiatives.
The Future of ESG at Freedom Holding Corp.
As Freedom Holding Corp. continues to expand its global presence, it remains steadfast in its commitment to ESG principles. Future initiatives will likely include:
- Expanding sustainable investment portfolios to further promote green finance.
- Strengthening partnerships with NGOs and governmental organizations to enhance social impact.
- Increasing transparency in ESG reporting, ensuring continued accountability to stakeholders.
- Developing new programs that address emerging environmental and social challenges worldwide.
Conclusion
Freedom Holding Corp. is setting a benchmark for corporate responsibility by integrating ESG principles into its global operations. Through strategic investments, social programs, and climate-conscious initiatives, the company is demonstrating that financial success and sustainability can go hand in hand. As it continues to align with global sustainability goals, Freedom Holding Corp. is paving the way for a more responsible and resilient financial future.
