In a press release distributed on June 15, 2020 Bahrain Bourse announced the following:
“As part of Bahrain Bourse’s (BHB’s) efforts to promote sustainability and transparency in Bahrain’s capital market, BHB announced that it has issued Environmental Social & Governance (ESG) voluntary reporting guidelines for listed companies. The voluntary reporting guideline aims to increase awareness and understanding of the importance and benefits of ESG reporting and assist listed companies to address ESG issues in their reporting to meet the requirements of institutional investors for material ESG information.
Shaikh Khalifa Bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse said, ‘As a Partner Exchange Member of the Sustainable Stock Exchanges (SSE) initiative and a member of the World Federation of Exchanges, Bahrain Bourse has made a formal commitment to drive sustainability in the capital market of the Kingdom of Bahrain. Building upon this initiative, we have issued the ESG reporting guidance to encourage and assist listed companies in disclosing ESG information that investors can utilize to make informed and responsible investment decisions.’
‘The guideline includes the latest third-party reporting methodologies widely adopted by the industry and aims to assist listed companies in navigating the evolving standards on ESG reporting and disclosure. We are looking forward to enhance transparency and disclosure in Bahrain’s capital market by supporting listed companies’ alignment with Bahrain Economic Vision 2030 and the UN Sustainable Development Goals (SDGs),’ Sh. Khalifa added.”
You may read the press release on the Bahrain Bourse internet site.