Abu Dhabi Securities Exchange issues guidelines for listed companies | ZAWYA MENA Edition:
Abu Dhabi Securities Exchange (ADX) has issued Environmental Social & Governance (ESG) disclosure guidelines for listed companies.
The launch of this set of 31 Key Performance Indicators (KPIs) is aligned with ADX strategy which is designed to support economic growth, while providing a sustainable trading environment and encouraging the business community to adopt societal sustainability practices. It will also raise the standard of governance, by putting into operation sustainability standards and integrating them into both ADX strategy and listed companies alike.
Khalifa Salem Al Mansouri, Acting Chief Executive of ADX said: "ADX has made a formal commitment to drive sustainability in financial markets by becoming a partner exchange of this United Nations-led ‘The Sustainable Stock Exchanges’ initiative. We have carried out this programme to support our listed issuers in their sustainability reporting journey. The ESG Disclosure Guidance represents a natural evolution of our status as a regional-leading exchange, stemming from ADX’s status as a member of the Sustainability Group in the World Federation of Exchanges." The newly-released standards "will enhance ADX’s competitivene
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