Name | Baku Stock Exchange |
Country | Azerbaijan |
Number of listed companies | 28 |
Domestic market capitalization | 1,557 million US$ |
SSE Partner Exchange | Yes |
Has annual sustainability report | No |
ESG reporting required as a listing rule | No |
Has written guidance on ESG reporting | No |
Offers ESG related training | Yes In 2022, the Baku Stock Exchange provided training on Climate-related Financial Disclosures (TCFD recommendations) in collaboration with the SSE, CDP and IFC. (source) |
Market covered by sustainability-related index | No |
Has sustainability bond listing segment | No |
Has SME listing platform | No |
Women on boards mandatory minimum rule | No |
Additional information | |
Organizational model of stock exchange | Unlisted and For Profit |
Regulatory bodies | |
Regulatory model | Limited exchange SRO |
About the stock exchange | Founded in 1997 as a closed stock company, Baku Stock Exchange (BSE) was aimed to establish and develop the market infrastructure that would provide the trading securities and efficient execution of trading transactions. BSE has 20 shareholders and its headquarter is situated in Baku. The first trading operation at the stock exchange was carried out on September 1, 2000, and today BSE organizes trading of the stocks, bonds and repo transactions. Now 18 companies are listed in two listing segments premium and standard that total market capitalization is about 1.44 bln USD. |