SOE “Navoiyuran”’s approach to sustainable development management is based on an integrated system that covers environmental, social and governance aspects. The company is actively working to transform its business towards compliance with international standards and sustainable development practices in the uranium industry.

Navoiyuran sets ambitious goals and develops a culture of innovation and scientific research to achieve positive changes, while taking into account the principles of sustainable development. This approach not only creates long-term value, but also minimises environmental impact and promotes social development in line with industry best practices.

Since 2022, as part of the development of the sustainable development agenda, the company has begun active transformation processes. The ESG principles implementation and the Company’s strategy development Department is engaged in the following tasks:

• Developing a comprehensive ESG strategy for the enterprise;
• Identifying, assessing and managing ESG risks and opportunities across the value chain;
• Ensuring and monitoring the enterprise’s compliance with international (ISO) and national (O’zDST ISO) certification standards;
• the Company’s development strategy formation in cooperation with external consultants.

In addition, the Company continues to disclose the results of its activities in accordance with the international GRI standard. In 2022, the first sustainability report of SOE “Navoiyuran” was compiled based on these standards, with plans for further application of SASB standards. In 2024, the company plans to obtain an ESG rating and, in the long term, engage an independent company to certify its sustainability reports.