Amman: The Advisory Committee on Sustainability and SMEs of the United Nations Sustainable Stock Exchanges Initiative (SSE) has launched a guide aimed at supporting the sustainability of small and medium-sized enterprises (SMEs). The launch took place during a virtual meeting chaired by Amman Stock Exchange (ASE) CEO Mazen Wathaifi.
According to Jordan News Agency, the guide is designed to help institutions integrate environmental, social, and governance (ESG) sustainability principles into their strategies. This integration is expected to enhance the growth and competitiveness of SMEs both locally and globally. The ASE, in collaboration with the Philippine Stock Exchange, chairs the committee responsible for the guide. This committee consists of 62 experts from 41 entities across 34 countries, including regulatory bodies, stock exchanges, and financial institutions.
Mazen Wathaifi emphasized the significance of the guide amid global economic transformations. He noted that sustainability has become a crucial component of long-term growth, particularly for SMEs. Since 2016, the ASE has spearheaded numerous sustainability initiatives, such as joining the SSE, mandating ASE20 companies to submit sustainability reports, launching a Climate Disclosure Guide, participating in the Carbon Neutrality Initiative, and chairing the Federation of Euro-Asian Stock Exchanges (FEAS) Sustainability Committee.