The State Oil Fund of the Republic of Azerbaijan (SOFAZ) participated in the Sustainability Workshop jointly organized by the China Investment Corporation (CIC) and the Sovereign Wealth Funds Forum (SFBF) in Beijing.
SOFAZ was represented by its Sustainability Officers, Nigar Azizova and Ali Huseynov. During the discussions, Ms. Azizova delivered a presentation outlining the Fund’s roadmap for the development of its ESG (Environmental, Social, and Governance) framework and the deepening of ESG integration across various asset classes. She also highlighted the Fund’s progress in enhancing transparency, strengthening cooperation with external managers, and addressing the challenges encountered throughout this process.
The seminar brought together SFBF members to exchange views on sustainable investment practices, advancing transparency in ESG implementation, and fostering effective communication among sovereign wealth funds.