MANAMA: Bahrain Bourse (BHB) in collaboration with HSBC Bahrain launched a thought leadership publication on the sustainable development agenda and green finance.

Titled ‘Evolving ESG Landscape and Capital Markets’, the thought leadership publication aims to raise awareness on the rise of environmental, social, and governance (ESG) as an investment consideration, importance of ESG disclosures, and the growing importance of sustainable financing options in the region and showcases notable case studies.

It explores a variety of sustainable financing options and the required ESG disclosure for each including the latest guidance principles.

The publication recommends further acceleration of ESG disclosures which will pave way for actionable progress within the sustainable financing landscape.

BHB chief executive Shaikh Khalifa bin Ebrahim Al Khalifa said: “We are pleased to have collaborated with HSBC to produce a rich and insightful thought-leadership piece highlighting the importance of sustainability and ESG, which are now more important than ever.

“This also demonstrates our commitment, as Bahrain Bourse, to deliver on the goals and initiatives towards a sustainable capital markets ecosystem, and highlights the importance of keeping sustainability and transparency at the heart of what we do. This collaboration will further broaden the financial sector to promote more informed decision-making as there is a growing interest in the Mena region for various sustainable investment options to meet market demands of ESG investing.”

HSBC Bahrain chief executive Chris Russell said: “At HSBC we are committed to leading the transition to a more sustainable world. We’re mobilising finance and accelerating innovation to make this happen, working in partnership with our customers to realise the opportunity to build a more sustainable, resilient, and prosperous future. Our collaboration with Bahrain Bourse will help to develop relevant common standards to mobilise the financial system to take action on climate change.”

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