Livingstone Morrison, Chief Executive Officer of the Jamaica Stock Exchange (JSE)
Livingstone Morrison, Chief Executive Officer of the Jamaica Stock Exchange (JSE), says the exchange will be taking a more active role in supporting national resilience efforts.
Speaking at the JSE's just concluded 21st Regional Investments and Capital Markets Conference, Morrison said this will include helping companies listed on the exchange to meet global expectations on climate-related disclosures.
He pointed to the introduction of International Financial Reporting Standards (IFRS) S1 and S2, issued by the International Sustainability Standards Bureau in June of 2023, which established a baseline for sustainability-related financial closures.
Morrison said the standards are designed to give investors clearer insight into how sustainability and climate-related risks affect a company's long-term prospects.
He revealed that over the next two weeks the JSE will be engaging stakeholders to ensure listed companies are fully prepared for the adoption of the new sustainability reporting standards.
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