What do ESG guidelines mean for corporates?

What do ESG guidelines mean for corporates?

Society

What do ESG guidelines mean for corporates?

Thursday December 09 2021 esg

Stakeholders during the launch of the Nairobi Securities Exchange (NSE) Environmental, Social and Governance (ESG) Disclosures Guidance Manual at the Nairobi Serena Hotel on November 29, 2021. PHOTO | DIANA NGILA | NMG

By EDWARD MUNGAI
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Summary

  • Listed firms are expected to deliver an integrated or separate ESG or sustainability annual report.
  • In addition, the rules stipulate that listed firms should conduct the materiality assessment at least on an annual basis.

Kenya’s strive to be a sustainability thought-leader was yet again demonstrated by the recent issuance of the Nairobi Securities Exchange (NSE) #ticker:NSE Environmental, Social and Governance (ESG) Disclosure Guidance Manual.

This was a strong indicator that Kenya will not be left behind as other global markets such as the UK announced their net-zero aligned financial centres making listed…

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