Freedom Holding Corp's Striking 2025 ESG Sustainability Efforts
Freedom Holding Corp. (NASDAQ: FRHC), a global investment and technology company, has officially released its annual Sustainability Report for the 2025 financial year. This report showcases the company's extensive contributions spanning social, educational, sports, and environmental initiatives in the various regions it operates.
Throughout the year, Freedom Holding Corp. made considerable advancements in its Environment, Social, and Governance (ESG) initiatives, with an impressive total of 27.87 billion tenge (approximately USD 57.6 million) allocated for external ESG-oriented investments. This significant investment underlines the dedication the company has toward sustainability, emphasizing its integrated approach to supporting the communities it serves.
Embracing Sustainability as a Core Philosophy
Timur Turlov, CEO of Freedom Holding Corp., emphasized that sustainability is viewed not merely as a program but as a guiding philosophy. This mentality influences the company’s growth, investment decisions, and community support. Turlov stated, "Our mission encompasses not just responsibilities but an unwavering commitment to advancing education, fostering innovation, and enhancing quality of life."
Key Investment Areas in Sustainability
Education and Technological Development
A core area of investment for Freedom Holding is modern education and technological growth. The company dedicated 1.32 billion tenge (USD 2.73 million) toward building and equipping a new artificial intelligence facility at SDU University, turning it into a hub for research in fintech, AI, and digital technologies. To further bolster this initiative, 62.77 million tenge (USD 0.13 million) was funneled into the Freedom Fintech Bootcamp program, designed to cultivate experts in Data Science and Machine Learning.
A significant milestone for technology in the region included the allocation of 1.86 billion tenge (USD 3.84 million) for hosting the ICPC World Finals 2024 in Kazakhstan, a prestigious competitive programming event.
Commitment to Sports and Healthy Lifestyles
Along with its educational projects, Freedom Holding Corp. is deeply involved in promoting sports and healthy lifestyles in Kazakhstan. This commitment saw financial support for initiatives ranging from youth football to chess, both of which hold significant importance for the community.
The construction of the Freedom Yelimay football complex in Semey, with an investment of 1.28 billion tenge (USD 2.64 million), was a key development for year-round training. Additionally, 795 million tenge (USD 1.64 million) was allocated towards a sports complex catering to people with disabilities in Oral, fostering sports inclusivity.
Social Progress and Infrastructure Enhancements
Supporting Local Communities
The Sustainability Report identifies numerous initiatives aimed at social betterment and development of significant regional infrastructure. An allocation of 2.9 billion tenge (approximately USD 5.99 million) helped assist flood victims, restoring essential services and constructing vital protective structures in western Kazakhstan.
Moreover, the company invested 336 million tenge (USD 0.69 million) for the restoration of the Abai State Opera and Ballet Theatre, in addition to supporting various cultural events, modernizing libraries, and enhancing internet accessibility for the community.
Environmental Initiatives
Freedom Holding Corp. has also taken ambitious strides in environmental responsibility. Their commitment includes participation in notable international climate events and the construction of the Kazakhstan Pavilion at COP29, for which they allocated 149.91 million tenge (USD 0.31 million). Furthermore, partnerships with the Ministry of Ecology focus on biodiversity conservation and the revitalization of the Turan tiger population.
Significant funding has been directed towards long-term environmental projects, such as restoring the Aral Sea ecosystem, promoting green energy, and launching a national system called Freedom Fandomats, designed for recycling plastic and aluminum.
Internal Development and Strategic Achievements
Fostering Growth and Balance
Internally, Freedom Holding Corp. is witnessing substantial growth, with 95% of its workforce based in Kazakhstan, complemented by a remarkable 56% increase in specialists under the age of 30. The company is also proud to maintain near parity in gender representation among its employees.
Strategic Milestones
The report outlines several key strategic achievements, including the establishment of the UN Regional Office for the Sustainable Development Goals in Central Asia, launched with the support of Freedom Holding Corp. Participation in COP29 has further advanced the company’s commitment to ESG principles through agreements aimed at natural resource preservation and carbon certification development.
Amid these accomplishments, Freedom has concurrently strengthened its technological ecosystem with the launch of the Freedom SuperApp, expanded telecommunications services, and explored entry into new markets.
About Freedom Holding Corp.
Freedom Holding Corp. operates across 21 countries, offering a vast array of financial services. The company is strategically positioned in regions such as Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. With its executive headquarters situated in New York City, Freedom Holding continues to develop its comprehensive financial and digital ecosystem in Kazakhstan, encompassing banking, brokerage services, and insurance sectors.
Freedom Holding Corp. is publicly traded on the NASDAQ, KASE, and AIX under the ticker symbol FRHC. The company adheres to regulations by the U.S. Securities and Exchange Commission (SEC) and is recognized as a member of the Russell 3000 Index.
Contact Information
For media inquiries, please reach out to:
Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
+77013641454
Frequently Asked Questions
What is the focus of Freedom Holding Corp's 2025 Sustainability Report?
The report highlights Freedom Holding Corp's commitment to various ESG initiatives, including investments in education, technology, and community support.
How much did Freedom Holding Corp invest in ESG initiatives in 2025?
The total investment in ESG-focused initiatives was 27.87 billion tenge, approximately USD 57.6 million.
What key areas does Freedom Holding prioritize in its initiatives?
The company emphasizes education, technology development, sports promotion, and environmental protection in its various projects.
How does Freedom Holding Corp contribute to community development?
Through various financial allocations, the company supports infrastructure, cultural projects, and initiatives addressing environmental challenges across communities.
Where can I find more information about Freedom Holding Corp?
Additional details can be found on the company's official website, where they outline their services and financial operations.