This archive report was first published on 30 June 2021.
On June 30, 2021, the Nairobi Securities Exchange (NSE) published an ESG disclosures guidance manual for listed companies and other organizations looking to incorporate environmental, social, and governance (ESG) into their strategies and report on their performance.
The manual is a result of the growing interest from investors and corporate stakeholders in ESG matters. According to the NSE, the modern investor in the capital markets is more discerning and demanding more disclosure from listed companies.
"The Covid-19 pandemic, global environmental and social crises, the transition to renewable resources, and renewed focus on human rights practices have intensified the need and drive for ESG disclosures by corporates," the NSE stated.
The manual is designed to guide companies on how to identify material ESG topics, measure their materiality, integrate ESG into their strategies, and report on their ESG performance using international standards on sustainability reporting.
The NSE invites stakeholders and the public to submit comments on the proposed ESG disclosure guidance manual by July 30, 2021.
