By PIERRE-EMMANUEL MAUBERT
The Capital Market Authority (CMA) released its 2018 report on the State of Corporate Governance amongst listed firms in Kenya. One week earlier, BNP Paribas published its Environmental, Social and Governance (ESG) Global Survey 2019, based on interviews of close to 350 fund owners and managers on the incorporation of ESG in their investment-decision making.
A crossed analysis of both reports gives highly valuable insights. 64 percent of listed firms in Kenya have prioritized the development and promotion of a sustainability strategy as part of their commitment to good governance. It is the highest score amongst the various criteria and matches the appetite of international fund managers where 65 percent of them have aligned their investment framework to the Sustainable Development Goals (SDG)…Read more>>
