Manama, Dec. 7 (BNA) The Bahrain Stock Exchange (BHB), in cooperation with HSBC Bahrain, hosted a webinar entitled “The Evolution of Bahrain’s Environmental, Social and Governance Landscape and Sustainable Finance”.
The webinar aligns with BHB’s goal of raising awareness of the importance and benefits of the ESG ecosystem, as well as the importance of sustainability in the financial sector. It brought together thought leaders and experts to shine a light on the topics of ESG and sustainable finance.
The session discussed key topics that included: the main trends of ESG in the region, the importance of ESG reporting and safeguards, key developments in the local market, the importance of sustainable finance in the ESG agenda, and responding to market needs.
Director of Marketing and Business Development at Bahrain Bourse and Member of the Board of Directors for the Middle East, said Marwa Al-Maskati, Oriental Investor Relations Association.
“The webinar complements our thought leadership article on ESG Landscape and Capital Markets, which was published in September in collaboration with HSBC Bahrain. The webinar underscores Bahrain Bourse’s commitment and primary mission to ESG, as we believe that ESG Corporate governance and sustainable financing are key elements in creating a fair playing field for investors.
“We are committed to the transition to a zero-zero global economy, not just by playing our part, but by helping to lead it. Our partnership with Bahrain Bourse to deliver a webinar with a focus on ESG underscores the growing importance of these topics in Bahrain and the region as a whole. As a leading company Already recognized in ESG financing, HSBC continues to lead the transition to a more sustainable environment Joseph Gharib, Head of Global Banking at HSBC Bank Middle East, Bahrain said: “We are committed to supporting sustainable consumer growth initiatives and contributing to building a future in which economic growth and sustainability are closely aligned. Good all over the kingdom.
“As a professional body, MEIRA promotes best practices in communication with investors. Today’s external relations officers cannot do their work without thinking more broadly, if not strategically, about the needs of all business stakeholders. This BHB and HSBC-led event is Another timely initiative that serves to remind us that the ESG and our role in sustainable business is here to stay. Accordingly, we all have an important role to play in the capital market ecosystem, and we all need to be proactively involved in advocating for sustainable capital for our regional businesses,” said Managing Director For MEIRA John Gollifer.
It is worth noting that the Bahrain Bourse issued the Environmental, Social and Governance (ESG) Voluntary Reporting Guide for listed companies in June 2020.
In September 2021, Bahrain Bourse and HSBC Bahrain launched a thought-leading publication on sustainable finance titled “The Evolution of the Environmental, Social, Corporate Governance and Capital Markets Environment”, which focuses on the sustainable development agenda and green finance.
Bahrain Bourse has also joined the United Nations Sustainable Securities Markets Initiative (SSE) to demonstrate its voluntary commitment to promoting sustainable and transparent capital markets in cooperation with listed companies and other relevant stakeholders.
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