ESG reporting by listed companies for the year 2023
In December 2021, the Tunis Stock Exchange and the Financial Market Council (CMF) published an Environmental, Social and Governance (ESG) Reporting Guide for companies, particularly listed companies.This guide proposes a matrix of indicators for a progressive approach to extra-financial reporting, covering environmental, social and governance (ESG) considerations, and aims to standardize extra-financial communication.
It is recommended that the adoption of this extra-financial disclosure approach be accelerated, especially among the flagships of the Tunisian economy, in order to unite the Tunisian ecosystem towards a new sustainable economy that takes into account the needs of future generations and the real impacts linked to threats that affect the whole world.
Within this framework, a first series of listed companies have already published ESG reports for the year 2023, below is an initial list. This list will be updated after each new publication brought to the attention of the Tunis Stock Exchange.
2024 ESG Disclosures by Listed Companies
Following the publication of eight (8) ESG reports in 2024, covering the 2023 fiscal year, 2025 began with a stronger momentum in the release of non-financial disclosures by listed companies.
This trend reflects the collective efforts of all stakeholders, as well as the growing maturity of listed companies, which are increasingly convinced of the value and importance of ESG reporting.
In this context, a first group of thirteen (13) listed companies has already published ESG reports this year.
Carbon footprint of listed companies for the 2024
In 2024, there was a significant increase in the number of listed companies reporting their carbon footprint, rising to nine companies compared to three in 2023.
ESG Report 2024 of Tunis Stock Exchange
Tunis Stock Exchange announces the publication of its first ESG (Environment, Social and Governance) Report 2024. Through this initiative, Tunis Stock Exchange confirms its ambition to be a leading actor in establishing ESG practices in the Tunisian financial market.
The report is a continuity of Tunis Stock Exchange's adherence to the United Nations Sustainable Stock Exchanges (SSE) Initiative, and follows the issuance in 2021 of the ESG Reporting Guide, in collaboration with the Financial Market Council.
With the publication of its own ESG Report, Tunis Stock Exchange is continuing to play its role as a driving force for companies, particularly those listed on the stock exchange, and for all capital market participants, by providing a practical example of what it promotes through its tools and support.
The report highlights the concrete initiatives undertaken, the approach in line with international standards such as the Global Reporting Initiative (GRI) and the United Nations Sustainable Development Goals (SDGs).
Lastly, it is significant to note that the voluntary approach to extra-financial disclosure is gaining ground in our Tunisian market ecosystem, which suggests that our regulations should be brought forward at a faster pace.