Two-thirds of listed firms reporting on sustainable practices
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Nairobi, March 1 -- Two-thirds of listed companies are reporting on environmental, social and governance (ESG) scores, a process which lagged one year after firms were required to disclose enforcement.
The number of listed companies has risen to 40 from 29 firms reported in December out of the 60 actively trading at the bourse.
The Nairobi Securities Exchange (NSE) chief executive officer Geoffrey Odundo said reporting on ESG was voluntary and companies had the choice of whether or not they complied.
"A total of 40 companies are already doing sustainability ESG reporting and it's getting better and that's why we said we want to encourage uptake because it's the way to go," said Mr Odundo.
NSE issued guidelines in December 2021 requiri...
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