Boursa Kuwait hosts ESG webinar for listed companies

Boursa Kuwait hosted a webinar entitled ‘Environmental, Social and Governance Perspectives’ for Kuwaiti listed companies and other capital market participants on December 8, 2021.

The initiative forms part of Boursa Kuwait’s efforts to create a lasting meaningful impact on the community where it operates as part of its Corporate Sustainability strategy and is in line with Goal 4 – Quality Education – and Goal 17 – Partnership for the Goals – of the UN’s Sustainable Development Goals (SDGs). A member of the United Nations’ Sustainable Stock Exchange initiative since 2017, the company has been making a formal commitment to the sustainability of listed companies and their operations.

As investors are increasingly paying attention to climate risks and sustainable business practices, the webinar featured ESG experts from multinational professional services firm Ernst and Young (EY) as well as the United Nations-supported Principles for Responsible Investment (PRI), who highlighted the critical importance of ESG performance.

Boursa Kuwait also has launched many initiatives in partnership with local and international organizations, focusing on support for nongovernmental organizations and charity programs, financial literacy and capital market awareness, the empowerment of women, as well as environmental protection.