A Delegation from Global Compact Network Jordan Visited the Amman Stock Exchange

The ASE Chairman of the Board, Dr. Kamal Qudah, in the presence of the CEO, Mr. Mazen Wathaifi, received the Chairman of Global Compact Network Jordan, Mr. Raji Hattar and the Vice Chairman, Mr. Jamal Fariz at the Amman Stock exchange(ASE) premises. During the meeting; they discussed the means of cooperation between the two entities to urge the ASE listed companies to join the Global Compact Network Jordan Initiative.

Dr. Qudah said that the ASE adopted social and environmental sustainability through joining the Sustainable Stock Exchange Initiative as associate member and the ASE also looks forward to cooperate with local partner in Jordan to improve the sustainability practices of the companies listed on the ASE, and to reflect its positive impact on the investment community.

Mr. Hattar clarified that “we are looking forward to cooperate with the ASE listed companies to urge them to join a global initiative for private sector institutions that meet the Global Compact’s ten principles in areas of human rights, labor, environment and anticorruption

He also added that one of his association’s goals is to promote a broad-based development and corporate sustainability along with Global compact’s principle implementation to be spread amongst Jordanian companies in terms of environment resources protection, eliminating corruption, risk reduction and its implications in Jordanian Private sector with emphasis on the moral values to create a new marketing and profitable opportunities in Jordanian.