Listed and non-listed companies should expect tighter disclosure and compliance requirements with regard to Environmental, Social and Governance (ESG) disclosures with the launch of the inaugural global sustainability reporting standards in the country now slated to take place in early September.
The Institute of Certified Public Accountants of Kenya says it has partnered with the Pan-African Federation of Accountants (PAFA) to launch the inaugural Sustainability Reporting Standards, IFRS S1 and IFRS S2, slated for September 5.