Launching the Initiative of “Corporate Disclosure of Climate Change”

In line with the Amman Stock Exchange (ASE) approach in its continuous endeavor to enhance the competitiveness of the Jordanian capital market and the companies listed in it, through applying the best international standards and practices, including standards related to sustainability, disclosure and transparency, and the importance of companies’ disclosure of their impact on climate change and the opportunities and challenges associated with that.

Within this framework, the ASE intends to launch the "Corporate Disclosure on Climate Change" initiative in cooperation with the International Finance Corporation (IFC), which aims to develop an awareness and training action plan for the twenty largest companies listed in the ASE20 index on disclosures related to climate change and to issue a guide. This is to enable these companies to disclose their report on climate change in their sustainability report.