ESG SUMMIT CONTINUES WITH PRACTICAL WORKSHOPS ON ESG INTEGRATION

Baku, Azerbaijan – July 4, 2024

The Environmental, Social, and Governance (ESG) Summit, organized by the United Nations Azerbaijan and PwC Azerbaijan, continued into its second day with a series of workshops focused on providing practical guidance on ESG integration. The summit, themed "Public-Private Partnerships for Sustainable Development," is part of the "29 Climate Conversations: The Road to COP29" initiative.

Today's program focuses on equipping participants with the tools and knowledge needed to effectively implement ESG practices within their organizations. Opening remarks were delivered by Mr. Eldar Hamidov, Deputy Chairman of the Entrepreneurship Development Fund (EDF), Mr. Elmar Isayev, representative of the Small and Medium Business Development Agency (SMBDA), Ms. Natavan Mammadova, Secretary General of the Azerbaijan Entrepreneurs Confederation (ASK), and Mr. Samir Mammadov, Country Manager of the United Nations Global Compact.

Highlights of the workshop include a session on "Guardians of Tomorrow: ESG in AI and Cybersecurity" by Mr. Tal Catran, a presentation of PwC's ESG Awareness Survey key findings by Ms. Hajar Ibrahimova, and an overview of major reporting frameworks by Mr. Akbota Askanbay. Additional sessions cover topics such as ESG in supply chain management, the local regulatory framework, and practical training on ESG reporting standards and frameworks.

The ESG Summit will culminate in the creation of an ESG Networking Community in Azerbaijan, aimed at fostering ongoing collaboration and knowledge sharing among key stakeholders. This community will serve as a platform for continuous dialogue, enabling public and private entities to align their efforts towards sustainable development.