Muscat: The Muscat Stock Exchange (MSX) celebrated the launch of a guideline for disclosing environmental, social and corporate governance practices.
The report provides guidelines for companies to deal with information and data related to basic elements of sustainability. It was issued in line with the recommendations of the UN Sustainable Stock Exchanges Initiative and World Federation of Exchanges, as well as the GCC environmental, social and governance practices.
MSX also launched a platform on its website to publish disclosures related to companies’ performance in environmental, social and corporate governance practices. The step is aimed at enhancing transparency and constitutes a commitment to achieve sustainable growth for MSX-listed companies.
The ceremony was held under the auspices of Sayyid Saud Hilal Al Busaidi, Governor of Muscat.