Regulatory Alerts2024-06-06
Principles for Sustainability-Related Disclosures for Reporting Entities
The UAE Sustainable Finance Working Group issued these Principles to establish a common understanding of minimum expectations for sustainability-related disclosures among domestic entities and branches of foreign entities under UAE regulatory purview. The document outlines objectives to facilitate high-quality ESG reporting, acknowledges existing international frameworks, and grants individual authorities discretion to implement specific regulatory requirements. It mandates that reporting entities adopt adequate governance systems, ensure materiality and transparency, and integrate sustainability metrics into overall corporate reporting and decision-making processes.
Share