​​​​​​​Why sustainability reporting is not the preserve of NSE-listed companies

Listed and non-listed companies should expect tighter disclosure and compliance requirements with regard to ESG disclosures. FILE PHOTO | SHUTTERSTOCK

In November 2021, the Nairobi Securities Exchange released its Environmental, Social and Governance (ESG) Disclosures Guidance Manual to give directions to listed companies on how to collect, analyse, and publicly disclose important ESG data.

The manual makes boards responsible for developing and implementing appropriate policies for identifying, assessing and managing ESG-related risks and opportunities in their organisations.

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Note: The results are not exact but very close to the actual.