Tadawul issues guidelines for disclosure of ESG practices

Logo of Saudi Tadawul Group

Saudi Tadawul Group issued guidelines for disclosure of environmental, social and corporate governance (ESG) practices.

Tadawul said the set of guidelines were developed as a useful source for listed companies to help them adopt ESG practices, as they are constantly evolving.

An updated version of this guide will be issued to ensure that the information is relevant and serves as a catalyst for sustainable and inclusive growth of the Saudi capital market and for all its participants, the group noted.

The guide aims to help Saudi-listed companies understand environmental and social practices as well as corporate governance and why they are important, in addition to identifying, prioritizing, and evaluating the factors of such practices that are most important to their businesses.