MOEX sustainability focus areas
Under the Strategy 2028, the capital markets development business line will focus on expanding the range of instruments and issuers, thereby opening up more opportunities for companies to raise capital, and expanding the range of ESG products available.
One of the driving forces behind success is fostering a culture that values investment, especially by enhancing financial and investment literacy.
Key success drivers will include the transformation of corporate culture and processes, incorporating ESG principles and sustainability factors.
Moscow Exchange Group Sustainability Roadmap
On 29 April 2025, the Executive Board of Moscow Exchange approved the 2025 Moscow Exchange Group Sustainability Roadmap, comprising of 63 metrics across 23 objectives (22 in the 2024 Roadmap) in five groups and topics.
| G | R | Е | A | T |
| Genuine corporate governance and business ethics | Respect for human rights, equal opportunities and staff engagement | Environmentally friendly and trusted market infrastructure | Advanced practices of responsible investing | Trusted relations with local communities |
|
G1 Corporate governance system |
R1 Employee engagement and efficiency Being a responsible employer of highly skilled staff, MOEX Group ensures decent working conditions and healthy corporate culture that provides employees with the necessary foundation to manage a variety of day-to-day activities and develop appropriate professional skills. The Group believes that diversity and inclusion in the workplace helps it to perform better, because different people often see the same problem in different ways and propose unique solutions. That is why MOEX Group maintains well-balanced personal structure and doesn’t discriminate on any ground. |
E1 Risk management Exchange infrastructure serves as a trusted environment for market participants, reliable in terms of cybersecurity and data privacy. |
A1 Development of exchange-based sustainable financing MOEX Group contributes significantly |
T1 Financial literacy of retail investors MOEX Group recognizes its |
Environmental policy
On April 28, 2023, the Supervisory Board of Moscow Exchange approved the first ever Moscow Exchange Environmental Policy.
The purposes of the Moscow Exchange Environmental Policy in the field of environmental protection and natural resource management are:
1. To facilitate the transition to a circular and low-carbon economy through:
- the development of on-exchange green finance and the creation of new on-exchange environmental products and services;
- the development of the market for carbon units;
- informing issuers about trends, standards and best practices in the field of environmental protection;
- expanding sustainability partnerships.
2. To minimise its own direct and indirect negative impact on the environment and climate by:
- complying with regulations and requirements applicable to Moscow Exchange business, including national environmental legislation, as well as voluntary commitments to stakeholders that have been accepted as binding on Moscow Exchange;
- reducing its own consumption of energy, water and materials;
- applying a risk-based approach to the management of environmental risks and emergencies;
- striving to procure goods, works and services with the best environmental performance.
MOEX Group’s sustainability reporting
MOEX Group’s stakeholders and material topics

Based on the result of the materiality assessment and integration of ESG activities and projects into Group’s 2028 strategy, MOEX Group has formulated a set of sustainability focus areas, that reflects its most significant ESG topics.
MOEX’s approach to formulating these overlapping areas was informed by the following criteria:
- These focus areas are related to the most important ESG challenges, risks and opportunities that Moscow Exchange Group is facing and that are inherent to its industry;
- These areas are important for MOEX stakeholders;
- Focus areas are significant for MOEX because within these areas it can deliver the most positive impact as a company and as a financial infrastructure operator.

The position of PJSC Moscow Exchange in ESG ratings, rankings, and indices
PJSC Moscow Exchange actively participates in Russian ESG ratings, rankings, and indices. This participation not only acknowledges the current achievements of the Moscow Exchange but also drives further initiatives in sustainable development. The results of these ratings serve a dual purpose: they ensure the inclusion of Moscow Exchange shares in exchange-traded mutual investment funds (ETFs) with investment mandates that incorporate ESG factors (ESG-ETFs), and they act as an indicator of commitment to sustainable development and responsible business practices.
Participation in ESG Indices of the Russian Union of Industrialists and Entrepreneurs (RSPP)

The inclusion of PJSC Moscow Exchange in Group A of the ESG indices of the Russian Union of Industrialists and Entrepreneurs (RSPP), namely the "Responsibility and Transparency" and "Sustainable Development Vector" indices, ensures its integration into the RSPP Moscow Exchange index family. This inclusion confirms the alignment of the Moscow Exchange with key ESG criteria, which is crucial for investors focused on environmental, social, and corporate governance objectives.
Ranking by RAEX: Leading Position

PJSC Moscow Exchange holds the 15th position out of 144 companies in the RAEX ESG ranking (Russia and Kazakhstan). This recognition highlights the Exchange’s efforts in managing ESG risks. Consequently, the shares of MOEX are included in the Moscow Exchange RAEX ESG "Balanced" Index, thereby expanding their accessibility to funds and investors who prioritize sustainable development.
Leadership in the National Rating Agency (NRA) Ranking

PJSC Moscow Exchange is positioned among the leaders in the financial sector within the National Rating Agency (NRA) ranking. This recognition reflects the Exchange’s adherence to high standards of corporate responsibility and transparency.
High Position in the "ESG Transparency" Ranking by Expert RA

According to the assessment by Expert RA, PJSC Moscow Exchange ranks 7th out of 98 companies in the "ESG Transparency" ranking. This result underscores the effectiveness of the Exchange’s communication with stakeholders, the regularity of its report publications, and its openness in matters of sustainable development.