The Stock Exchange of Mauritius (SEM) partners with Risk Insights to enhance the quality of ESG reporting in Mauritius
FOR IMMEDIATE RELEASE
February 7, 2024
Port Louis, Johannesburg
The Stock Exchange of Mauritius (SEM) has entered into a partnership agreement with Risk Insights, a data analytics firm recognized for its cutting-edge AI-powered ESG rating tools, to elevate the quality of ESG reporting in Mauritius.
In the ever-evolving business landscape, the importance of sustainability and ESG reporting is paramount. Recognizing this, SEM and Risk Insights are joining forces to provide listed and unlisted companies in Mauritius with a comprehensive suite of ESG rating tools, disclosure insights, analytics, and ESG intelligence impact reports. The objective is to empower companies to improve the quality of their ESG reporting to meet international standards.
The SEM and Risk Insights also aim at enabling companies, both listed and unlisted, to showcase their ESG credentials on a global stage, and increase access to sustainable capital.
Andrey Bogdanov, CEO of Risk Insights, expressed his enthusiasm about the partnership, stating, "Our collaboration with SEM is a powerful commitment to advancing ESG transparency. We aim to empower SEM-listed companies as well as unlisted companies, enabling them to demonstrate their dedication to sustainable practices and fostering informed decision-making among stakeholders."
Sunil Benimadhu, Chief Executive of the Stock Exchange of Mauritius, echoed the sentiment, saying, "This partnership with Risk Insights is a significant move towards enhancing transparency and sustainability goals for our listed companies and other Public-Interest Entities in Mauritius. It opens new avenues for showcasing the ESG credentials of Mauritian businesses on a broader platform, attracting investor interest and fostering responsible investment."
This strategic collaboration between SEM and Risk Insights constitutes an unwavering commitment to instigate positive change and foster a seamless transition towards a more sustainable future for businesses, stakeholders, and the broader Mauritian community.
About Risk Insights
Risk Insights, established in 2009 in South Africa, is a data science company specializing in ESG. Recognized for creating pioneering AI-powered ESG rating tools, the company ensures a balanced application of global ESG standards to local realities. Risk Insights is a member of the World Economic Forum New Champions and founder of the World Economic Forum New Champions South Africa Chapter.
For more information, visit www.riskinsights.co.za
About The Stock Exchange of Mauritius (SEM)
The Stock Exchange of Mauritius Ltd started its operations in July 1989 as a domestic equity- centric exchange. Its transformative momentum took a new turn in 2010 when it undertook a fundamental shift of its strategic orientation, embarking on the internationalization of its operational and regulatory framework. The outcome of this strategic shift has been quite compelling. Around 200 securities are listed on the Stock Exchange of Mauritius, cutting across different asset-classes and issued by a diverse group of local, African and international issuers. The Stock Exchange of Mauritius today boasts a streamlined listing regime catering for the specialist nature and requirements of a variety of asset classes. These cover equity products, debt products, exchange-traded funds, exchange-traded notes, depositary receipts and structured products. These products are issued and listed by domestic issuers, international issuers, investment entities, specialist companies—including global business companies (GBCs) and public sector issuers.For more information, please visit: www.stockexchangeofmauritius.com