In a press release published on PR Newswire on October 28, 2021 the “Saudi Exchange announced that it has issued Environmental, Social, and Governance (ESG) disclosure guidelines to promote sustainable growth in the Kingdom. The guidelines demonstrate Saudi Exchange’s continued commitment to support more than 200 listed companies and also prospective companies looking to list. The launch of the disclosure guidelines highlights the Exchange’s efforts to raise awareness on the importance of ESG within the Saudi capital market.
The ESG disclosure guidelines launch coincides with a growing global focus on ESG. Capital markets have an important role to play in promoting sustainability and Saudi Exchange is committed to advancing the Saudi capital market, in line with Vision 2030.
Mohammed Al-Rumaih, CEO of Saudi Exchange, commented: ‘With the launch of the ESG disclosure guidelines, Saudi Exchange has reaffirmed its commitment to helping issuers of all sizes integrate ESG into their investor reporting and communications. Sustainable investment practices play a significant role across global markets and we have a responsibility to highlight the importance of ESG and the opportunities ESG presents for all our market participants and stakeholders.’”
You may read the press release on the PR Newswire internet site.
You may download the ESG disclosure guidelines here.