Companies listed on the BSE, which are mostly small and medium-sized enterprises, are also encouraged to submit sustainability reports voluntarily rather than being forced to.
The release of the guidelines was aimed at “standardising the information disclosure of listed companies’ sustainable development, guiding listed companies to practice the concept of sustainability, and promoting the high-quality development of listed companies,” said BSE in a statement explaining the background to the guidelines.
The guidelines encourage listed companies on the three stock exchanges to analyse and disclose their sustainability-related information based on a framework comprising four core areas – governance, strategy, risk management, and metrics and targets – to help investors and key stakeholders fully understand their actions on sustainable development.
On environmental information disclosure, SSE and SZSE have introduced key topics…
