ESG Updates

The Egyptian Exchange Model Guidance for Reporting on ESG Performance & SDGs

ESG information already available in the market has not yet been standardized. The ESG could be defining as a part of Sustainability Development Goals umbrella, which include 17 Goals with 169 targets. This guide will help listed companies address topics related to environmental, social and governance (ESG) issues in their periodical disclosure, as these aspects are among the factors influencing investment decisions today by institutional and retail investors, also these factors are being used by EGX in evaluating the transparency and disclosure (T&D) of active companies in reviewing and balancing EGX sustainability index.

Reading this guide will also encourage issuers to focus and limit their ESG-related reporting to the content that is really material (“less is more”). This is because investors/analysts are not interested in too detailed or irrelevant information.

For the Guide

English Version: https://www.egx.com.eg/getdoc/98b4f610-5544-4f93-a36e-636d3baf8f45/EGX-Model-Guidance-on-ESG_en-11-10-2016.aspx

Arabic Version: https://www.egx.com.eg/getdoc/6647f2ce-9c34-480e-868c-d06f01e0dda5/EGX-Model-Guidance-on-ESG_ar-23-10-2016.aspx

 

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