The Capital Market Development Authority (CMDA) amended its Corporate Governance Code in 2014 to include, among other changes, new voluntary provision on sustainability reporting. The aim is to increase the practice of measuring, analyzing and annually disclosing information on the sustainability aspects of a company’s performance and operations.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large listed companies
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope