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Kenya’s Bourse Gives Companies One Year to Grasp ESG Reporting

“Over time, and with improved maturity on ESG disclosures, stakeholders will be able to correlate financial performance with specific ESG indicators such as diversity and air emissions, as well as compare the ESG performance of organizations reporting within the same sector,” NSE Chief Executive Officer Geoffrey Odundo said in the statement.
The NSE has a market capitalization of 2.55 trillion shillings ($22.7 billion), with the largest companies including Safaricom Plc, KCB Group Plc and East African Breweries Plc already publishing annual sustainability reports.