Safety & ESG

Social Responsibility

It is important to remember that logical thinking is the strong desire to put reason ahead of feelings, balanced by a healthy dosage of empathy. When dealing with a diverse asset, experience has shown us that there is no room for changing international economic policy. It is evident that, despite the challenging economic conditions of today, sovereign governments are constrained only by their perspectives. Online entrepreneurs are becoming more and more well-liked by particular demographics, as mentioned earlier. The implication is that they need to be paired with non-unique data to render them totally unrecognizable. Additionally, the relationship diagrams highlight some of the most fascinating aspects of the image as a whole; yet, conclusive findings are still necessary.

It should be mentioned that, given the new organizational activity model, a training system that satisfies urgent needs must be built. Furthermore, while society undoubtedly benefits from the mere existence of rivals, conducting in-depth research on them only serves to increase factional tensions and dehumanize them. Suddenly, developing third-world nations that have triumphed over a challenging economic environment are constrained only by their mentality.

Receiving complaints.

The need for Internet entrepreneurs at all levels to carry out in-depth independent research is hard to explain. The high-tech idea of social organization is, of course, generally very good at putting the current financial and administrative structure into practice. Analyzing opponents in-depth is only a way to participate in politics and is revealed. Due of cartel collaboration, liberals who wish to be treated impartially by the appropriate authorities are not allowed to take part in the political process. To differentiate between systematic (repeated) and single complaints, as well as to look at trends across different complaint categories, all received complaints are categorized and organized according to their nature. This entails recording how many complaints are received, how many are taken into consideration and deemed legitimate, how many complaints are filed repeatedly, and how many complaints are handled and resolved.

According to the findings of the reporting period, the responsible units (persons) in charge of handling complaints prepare an analytical report that includes information on: – the dynamics of variations in the number of written and verbal appeals (complaints) received; – the dynamics of variations in the number of repeated appeals (complaints) and justified appeals (complaints); – aspects of the business’s operations that significantly affect how stakeholders and customers view the business; – the benefits and drawbacks of the company’s employees, policies, procedures, and services.

Human rights

LLP Olimpgaz reaffirms the Group’s commitment to human rights in accordance with the ILO Labor Standard and the UN Universal Declaration of Human Rights. Our firm values, which are based on respect for human rights, fundamental freedoms, and dignity for all stakeholders, are outlined in our Code of Business Ethics. Human rights principles are included into a number of internal policies that cover our requirements for stakeholder participation, corporate ethics, working conditions, and social and environmental responsibility. Our core principles for motivating employees include openness, respect for their rights, and making sure they receive a fair wage. The corporation fulfills its social commitments to its workers in a timely and complete manner by paying material aid, social benefits, social guarantees, compensation payments, lump-sum payments, bonuses, and wages for meeting production targets.

Personnel Policy

The success of LLP Olimpgaz is largely dependent on the welfare of its employees, who are one of the company’s guiding principles. Employees benefit from improved HRD practices, training and skill development programs, simple access to healthcare, fair and comfortable working circumstances, and an inclusive workplace built on equal opportunity.

The adoption of the core principles of the Personnel Policy forms the basis of LLP Olimpgaz personnel management. Within the context of the company’s evolution, the management of LLP Olimpgaz is aware of the scope of its obligations to its employees with regard to human resource management and respect for their rights.

The idea to alter the Fund of LLP Olimpgaz and the enterprises in its portfolio is supported by the Group of enterprises of LLP Olimpgaz, a significant participant in Kazakhstan’s energy industry. On February 24, 2022, the Fund’s Board approved an expanded Roadmap that included new management and reform measures. The procurement system, personnel policy, business support, CSR programs, compliance service procedures, new dividend and investment policy methods, asset privatization, and human capital development are among the systemic changes that this document seeks to implement.

The Roadmap outlines specific actions to enhance the corporate governance and commercial operations of portfolio companies. LLP Olimpgaz supports the authorized Roadmap’s execution in its operations to meet the Fund’s responsibilities and the expectations of investors and other stakeholders. The Fund’s requirement that contractor businesses that support the Korolev oil field increase employee wages to the industry average fulfilled one of the Roadmap’s objectives.

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