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JSF issues policy paper on environment-friendly business practices

By JT | 22:22 November 9, 2022 |
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AMMAN — The Jordan Strategy Forum (JSF) has issued a policy paper titled “Adopting standards of environmental, social and governance responsibilities – the best way of doing business”. In the paper, JSF brought attention to the increasing pressure on listed and non-listed companies to abide by environmentally responsible standards, especially as the world faces growing challenges related to climate change and humanitarian crises, the Jordan News Agency, Petra, reported. 

The paper noted that the volume of assets held by investment funds in compliance with environmental, social and governance standards amounted to $35 trillion in 2020, and is expected to reach $50 trillion by 2025. JSF also spoke of the ongoing COP27 summit, referring to the Kingdom’s role in partnership with Egypt, Iraq, the UAE, Saudi Arabia and Bahrain, among others, to increase the environmental resilience of the entire region. 

 

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