Social responsibility

Social responsibility of SEC:

With the purpose of implementation of social projects, the Company has established the Corporate Fund “Social Fund of JSC  “SEC “Saryarka” to accumulate donations from partners for the social development of the region. Financial assets of the Fund are used for the construction of social facilities, land improvement, purchase of medical equipment for the development of children’s sports, as well as for the implementation of social projects within the Karaganda Region.

During 2012-2013, the Corporate Fund financed 11 social projects totaling 145.4 million tenge.

By the decision of the shareholder and within the dividend policy a part of the Company’s net profit is required to be channeled to the local budget in order to implement the principle of social responsibility.