Sustainable Fitch ESG rating assigned to NGMK JSC
2025-02-06 15:35:00 / News
The Combine received an ESG rating of ‘3’ (on a scale of 1 to 5, where 1 is low risk and 5 is high risk) with a total score of 51 points (out of 100).
To assign the ESG rating, the agency conducted a comprehensive assessment of NGMK's sustainability strategy and initiatives, the company's corporate governance practices, and its social and environmental impact.
NGMK's environmental and social profiles received a positive rating of ‘3’ due to the absence of environmental incidents, the existence of internal policies on emissions management, water consumption, and a low gender pay gap.
In addition, the experts highly rated the development of corporate governance at ‘2’, noting such strengths as the availability of financial reporting according to international standards, systematic internal audit of operations and risk management.