| Name | Boursa Kuwait |
| Country | Kuwait |
| Number of listed companies | 167 |
| Domestic market capitalization | 136,620 million US$ |
| SSE Partner Exchange | Yes |
| Has annual sustainability report | Yes
2021 Sustainability Report |
| ESG reporting required as a listing rule | No |
| Has written guidance on ESG reporting | Yes
|
| Offers ESG related training | Yes
- Sustainability action plan, December 2017
- Group engagement sessions presenting the business case of sustainability and how investors use ESG information.
- Individual engagement sessions with top tier listed issuers to ensure progress on adoption in sustainability reporting.
- Training sessions for senior executives on the business case of sustainability and its implications.
|
| 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 | - Boursa Kuwait has partnered with Sustainability Excellence a leading provider of sustainability reporting, research, and advisory services in the Middle East to support Boursa Kuwait and its issuers in their sustainability journey. (Source).
- Through an external service provider, every listed company in the main market has independently received a comprehensive and free ESG assessment of current ESG performance.
- Sustainability is listed as key element within corporate governance framework.
|
| Organizational model of stock exchange | - Unlisted private company for profit - demutualized in October 2016.
|
| Regulatory bodies | |
| Regulatory model | Limited Exchange Self-Regulatory Organization (SRO) Model - Boursa Kuwait has a basic level of regulatory authority. However, Capital Markets Authority (Kuwait) is the overall regulator of Boursa Kuwait.
|
| About the stock exchange | Location: Kuwait City, Kuwait - Boursa Kuwait is the private entity that was established in April 2014 with the aim to manage the exchange and progressively develop Kuwaits stock market operations, while delivering transparency, efficiency and accessibility.Boursa Kuwaits strategic approach focuses on the development of investment tools, restructuring the market to increase its competitiveness, working to increase liquidity, and attracting investments.To ensure its successful transition, Boursa Kuwait has brought in a pool of experts and has devised a specific transition strategy. This strategy focuses on ensuring smooth progress as the companys services expand and on enhancing the overall status of the Kuwait market. It addresses market needs by introducing new products and tools, and upgrading Kuwait Stock Exchanges infrastructure and business environment to international standards. Through this approach Boursa Kuwait is creating a robust, transparent and fair capital market platform that serves all relevant asset classes, whilst focusing on clients interests. For more information on Boursa Kuwait, please click here.
|