Environmental impact
Moscow Exchange Group companies are guided in their approach to environmental impact by regulatory requirements and best practices adopted by companies in the financial services sector worldwide. The Group supports the precautionary principle enshrined in the UN’s 1992 Rio Declaration.
MOEX’s environmental policies are governed by the Exchange’s Industrial Control Program, as well as the draft standards on Waste Generation and Disposal Limits approved by the Moscow Department of Environmental Management and Protection for the five years to February 2023.
Key areas for reducing MOEX’s environmental impact include:
- increasing energy efficiency (including electricity, heat and automobile fuel);
- improving efficiency of water use;
- reducing the amount of waste generated and increasing the share of recyclable waste;
- increasing awareness of environmental issues and encouraging responsibility among employees.
ENERGY EFFICIENCY AND GREENHOUSE GAS EMISSIONS
2019 | 2020 | Change 2020/2019 (%) | |||
|---|---|---|---|---|---|
Units consumed | MJ | Units consumed | MJ | ||
Fuel: | |||||
Gasoline (l) | 70,670.43 | 2,314,544.43 | 46,286.5 | 1,515,940.41 | –34.5 |
Diesel (l) | 7,254.31 | 255,871.82 | 5,874.08 | 207,188.77 | -19.03 |
Electricity (kWh) | 11,286,228.48 | 40,630,422.52 | 9,955,251.85 | 35,838,906.64 | -11.79 |
Heat (Gcal) | 4,588.42 | 19,983,049.11 | 3,997.8 | 17,410,847.49 | –12.87 |
The Group continuously seeks to reduce energy consumption and greenhouse gas emissions by using more energy-efficient equipment and vehicles. The Group’s companies operate a modern vehicle fleet, with most vehicles produced after 2014 and all cars equipped with class IV or V engines.
Electricity consumption
Electricity consumption volumes are recorded at all of the Group’s office facilities, both owned and leased. The significant decrease in electricity consumption in 2020 was due to the transfer of the Group’s employees to remote working in the context of the restrictions caused by the coronavirus pandemic.
Servers and computing equipment are the Group’s largest consumers of electricity. The operation of MOEX’s systems involves maintaining large amounts of equipment at two data centers.
The Group is focusing on two main areas to manage computing power and use energy responsibly:
- Consolidation of computing capacity by developing virtualization systems and introducing solutions based on microservice architecture, which means server equipment is operational only as and when needed;
- Ongoing equipment rotation and updating, and deployment of more modern and energy- efficient server solutions.
In addition to control over operation of computing equipment, the Exchange carefully monitors power consumption at office premises. Forced shutdown is applied to all electrical equipment when not in use, and cold atmospheric air is used to air-condition server rooms in winter.
In 2020, the Group continued work on replacement of lamps with energy-saving lamps. For example, in the office on Spartakovskaya Street, all lamps were replaced with LED ones.
Resource | 2019 | 2020 | Change 2020/2019 (thousand rubles) | Change 2020/2019 (%) |
|---|---|---|---|---|
Gasoline | 2,848.01 | 1,920.28 | –927.73 | –32.6 |
Diesel | 296.72 | 228.12 | -68.6 | -23.1 |
Electricity | 58,196.17 | 49,556.76 | -8,639.42 | -14.8 |
Heat | 7,073.56 | 6,371.75 | -701.81 | –9.9 |
Greenhouse gases
In its activities, Moscow Exchange directly emits greenhouse gases through the operation of corporate vehicles and its own diesel generators to generate electricity in the event of emergency outages. Indirect emissions occur due to the use of electric and thermal energy purchased from energy suppliers.
In 2020, the Group reduced direct and indirect emissions (Scope 1 and Scope 2) of greenhouse gases and the ratio of emissions intensity to revenue. This was achieved through a reduction in the Group’s consumption of heat and diesel fuel through reduced vehicle use in the context of pandemic restrictions and as a result of lower energy consumption for heating purposes due to a warm winter in 2020.
WASTE COLLECTION AND DISPOSAL
At all of the Exchange’s premises, waste is collected and disposed of systematically as per the draft standards on Waste Generation and Disposal Limits. Waste is separated by type, hazard class and other characteristics to ensure proper collection, storage, transport and disposal.
In 2020, the total volume and structure of waste destined for disposal, treatment and recycling remained practically the same as in the previous year.
The Exchange subscribes to modern waste recycling principles and is seeking to increase environmental awareness among all staff. Batteries are collected and disposed of at all MOEX Group offices, which are also equipped with waste sorting bins. The Exchange is reducing volumes of waste paper generated by introducing electronic document management.
WATER USAGE
Moscow Exchange PJSC takes measures to effectively use water at the offices of the Group’s companies. The quantity of water collected and discharged is recorded at the offices in Bolshoy Kislovsky pereulok, Sredny Kislovsky pereulok, Spartak street and Vozdvizhenka street The premises located on Bolshoy Kislovsky Pereulok, Sredny Kislovsky Pereulok, Spartakovskaya Street and Vozdvizhenka Street account for more than 95% of the total floor area used by the Exchange, NCC and NSD. .
Water colllection is carried out through municipal water supply systems. Water is discharged into the city sewer system and stormwater pipes of Mosvodostok, cleaning is not required.
In 2020, there was a significant decrease in the volume of water consumption (by more than 43% compared to 2019), due to the transfer of a significant number of employees to remote work.