In
Collaboration with Qatar Financial Centre and FTSE Russel, Qatar
Stock Exchange Holds Corporate Sustainability Practices Seminar.
03 December 2019
Qatar Stock
Exchange (QSE) today, 2 December 2019, has held, in Al Wadi
Hotel, a seminar on the reinforcement of the sustainability
practices and environmental governance in the investment
environment in Qatar.
The seminar was held in collaboration with Qatar
Financial Centre and FTSE Russel; one of the world-wide leading
investment management institutions. The seminar was attended by
elite experts to proceed forward in extending the support to the
Qatari listed entities to attract more investors and further
develop the institutional performance through the issuance of
relevant sustainability reports.
The seminar
comes also as part of backing the QSE efforts in supporting the
Qatari listed companies in fields of environmental, social and
corporate governance (ESG) following the QSE issuance of the
guidelines for preparing sustainability reports in 2016.
On this
occasion, Mr. Hussein Mohammed Al Abdullah, Marketing &
Communication Manager in QSE expressed QSE encouragement and
support to achieve sustainability. In his opening statement, Mr.
Al Abdullah pointed out that the seminar’s activities do
contribute to reinforce the sustainability practices in the
investors’ circles, listed companies and business community in
the State of Qatar. He further emphasized QSE concern in
implementing the sustainable development principles while
performing its role in servicing the national economy and the
local community outlining its participation in implementing
economic, social, human and environmental progress in Qatar
Vision 2030.
Mr. Al
Abdullah added “Investors worldwide are now more focused on
sustainability factors while taking their investment decisions.
We, in QSE, are confident that entities active in implementing
and spreading sustainability strategies will be more capable to
attract funds and foreign investments and at the time this will
definitely assist in achieving their competitive abilities”.
Mr. Al
Abdullah mentioned in his statement that QSE was one of the best
performing exchanges among developed and emerging market last
year, where it has attracted foreign investment flows of nearly
US$ 2.5 billion. He added that QSE is continually working to be
a leading investment destination for the sustainable investments
in the region.
On his part,
Mr. Waqas Samad, CEO of FTSE Russel, marked the importance of
the sustainability practices and indicated that such practices
has now become a factors that affect the turnout of
international investors and investment portfolios manager to
trade in the listed companies stocks within the international
benchmarks where entities implementing the sustainability
governance measurements are favorably received by the investors.
|