Securities Introduce ESG Guidelines
The Jordan Securities Commission has launched the "Environmental, Social, and Governance (ESG) Practices Code," which will become mandatory for the 20 companies listed on the Amman Stock Exchange starting in the 2027 fiscal year, with plans for future expansion. The code aims to improve transparency, enhance governance, reduce risks, attract sustainable investments, and align with international sustainability disclosure standards. It includes rules related to board composition, the preparation of independent annual sustainability reports, risk management regulation, and integrating sustainability principles into corporate operations, all aimed at supporting sustainable economic growth in Jordan.
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