The Central Bank of Bahrain confirmed that it is currently preparing guidelines for disclosure of environmental, social and governance (ESG) practices; With the aim of adopting them by companies when preparing reports related to environmental, social and governance factors, in accordance with best practices, international frameworks and initiatives, taking into account the responses to the questionnaire issued by the bank in this regard, which was issued earlier this year to all listed companies, insurance companies, banks and companies. First class investment.
The guidance on disclosure of relevant authorized environmental, social and corporate governance (ESG) practices is expected to be issued in the first half of 2023.
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