KASE discussed impact of corporate social responsibility on capitalization and investor confidence

Kazakhstan Stock Exchange (KASE) held an open expert session on corporate social responsibility (CSR) and sustainable corporate governance.
The session was hosted by Ingrid Vanderveldt, an international expert on CSR and social entrepreneurship (USA), invited with support of the US Consulate General in Almaty as part of the Freedom 250 campaign, an annual program celebrating 250 years of US independence.
The event covered practical aspects of CSR's impact on investor confidence and company capitalization, integration of social responsibility principles into corporate governance and approaches to combining the business profitability with sustainable development objectives. Particular emphasis was placed on the fact that corporate social responsibility shapes not only reputation but also the actual interactions of businesses with local communities, strengthening the trust, quality of relations and attractiveness of companies as employers.
The expert emphasized that today CSR is no longer an external initiative but is becoming part of the business model. Companies are increasingly integrating social mission into their operations, simultaneously creating value and driving growth. This approach allows not only to make a positive impact but also to enhance competitiveness by improving access to capital and markets, attracting the major talent and enhancing the performance.
According to Ingrid Vanderveldt, corporate social responsibility has a multiplier effect, directly impacting business sustainability and long-term profitability, and also contributes to creation of a more stable economy. In the face of global challenges, including the COVID-19 pandemic consequences, such approaches are becoming key to development of companies and markets.
The session was targeted at financial and non-financial companies, issuers and stock market participants, as well as specialists in ESG, sustainable development and corporate governance.