BHBNewsLetter March 2020

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Issue 23 - MARCH 2020
BAHRAIN BOURSE PROMOTES INTEGRATION OF ENVIRONMENTAL,
SOCIAL, AND GOVERNANCE BEST PRACTICES
Bahrain Bours e signed a
Memorandum of Understanding
on January 16, 2020 with the
advisory firm Sustainability
Excellence which aims to formalize
the deployment of a series of
strategic sustainability initiatives
aimed at further enhancing
transparency and disclosure of
sustainability/ESG information
among Bahrain Bourse listed
companies. The MoU is aimed at
deploying Environment, Social
and Governance (ESG) -related
initiatives that would enable
Bahrain Bourse to promote ESG
and sustainability values and
practices among its listed
companies and investors as well
as internally. The scope includes
deployment of a series of
engagement sessions with the
listed companies, conducting
wo r k s hop s t o e n c ou r a g e
d i a l o g u e b e t w e e n i n -
v e s t o r s a n d l i s t e d
companies on key ESG issues, and
developing a collaborative research
report on the status of sustainability
in Bahrain’s capital market
based on key ESG information.
In 2019, Bahrain Bours e
announced it officially joined
the United Nations Sustainable
Stock Exchanges (SSE) initiative
to demonstrate its voluntary
commitment to promoting
sustainable and transparent
capital markets. The SSE initiative
focuses on sustainable disclosure
of environmental, social and
governance (ESG) factors.
Bahrain Bourse has also conducted
an awareness workshop for its
listed companies to highlight the
importance of ESG disclosure
in meeting growing investors’
demands during September 2019.
BAHRAIN BOURSE JOINS TAWASUL
Bahrain Bourse today announced
that it has joined the National
Suggestions & Complaints System
‘Tawasul’, in line with its
efforts to further enhance its
c ommun i c at i on w it h ke y
stakeholders such as investors,
i s s u e r s , i n t e r m e d i a r i e s ,
and mar ke t p ar t i c ip ant s .
Individuals and institutions
will be able to submit enquires,
suggestions, and complaints
on ‘Tawasul’, finding suitable
and timely responses on their
most frequently asked questions
related to the general work of
Bahrain Bourse, the opening of
accounts, and deposits, withdrawals
and transfers of shares, among
other. A Bahrain Bourse dedicated
team will handle these queries.
‘Tawasul’ is an easy-to-use
system that enables users to
submit any enquiry, suggestion,
or complaint to Bahrain Bourse
at any time and place. Bahrain
Bourse collaborated with the
Information & eGovernment
Authority in order to ensure
the successful utilization of the
‘Tawasul’ system and handle
enquiries/suggestions/complaints
in an effective and professional
manner. ‘Tawasul’ is accessible via
the National Portal at Bahrain.
bh or through the Tawasul app
downloaded via the Government
Apps Store at
Users can also access the National
Suggestions & Complaints System,
‘Tawasul’ through Bahrain Bourse’s
website
Bahrain Bourse is a self-
regulated exchange, licensed by the
Central Bank of Bahrain, which is
fully owned by the government
of the Kingdom of Bahrain.