ESG and Sustainability Services in Oman

Governance and sustainability consultancy in Oman.

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ESG Oman

Sustainability consultants in Oman

Environmental, Social and Governance (ESG) is no longer simply a reputational initiative. In Oman, ESG is increasingly linked to capital access, regulatory credibility and long-term value creation under Oman Vision 2040.

BDO Oman provides ESG strategy and roadmap development, reporting and disclosures, independent assurance, deal advisory and capacity building to help organisations meet regulatory expectations and build long-term stakeholder value. A team of 12 senior-level sustainability consultants supports clients across banking, financial services, oil and gas, aluminium, steel, power and real estate.

We view ESG as an opportunity, not only a compliance exercise. With almost 50 years of experience in the Omani market since our establishment in 1976, BDO Oman combines deep local regulatory knowledge with international ESG expertise. We help organisations strengthen competitive advantage, build investor confidence and respond effectively to the expectations of the Financial Services Authority (FSA), the Muscat Stock Exchange (MSX), lenders and other stakeholders.

How BDO Oman can assist you

We provide a comprehensive range of ESG solutions tailored to an organisation's level of maturity, from initial strategy and framework development through to reporting, transaction support and capacity building. Our team brings extensive cross-industry experience supporting ESG initiatives across sectors including banking, financial services, insurance, oil and gas, real estate, hospitality, healthcare, automotive, logistics and retail.

ESG strategy and framework development

An effective ESG strategy allows organisations to achieve their desired short, medium and long term ESG goals through a systematic roadmap, built on a clear understanding of what matters most to the business and its stakeholders.

BDO Oman helps you to:

  • Perform an ESG gap assessment to understand your current state
  • Develop your ESG vision and mission statements
  • Set measurable and feasible ESG targets and goals
  • Develop an ESG roadmap and governance framework
  • Define the roles of the Board, senior management, compliance and risk management

ESG reporting and disclosures

ESG reporting is a systematic tool for organisations to disclose their ESG vision, commitments, strategies and performance to a wide range of stakeholders. It builds trust and strengthens reputation, but requires significant stakeholder engagement and reliable data collection across multiple sites to produce accurate, credible reports.

BDO Oman helps you to:

  • Develop the theme and structure of your ESG report
  • Collect ESG data from multiple sites and stakeholders
  • Align disclosures with GRI Standards and IFRS Sustainability Standards
  • Support alignment with MSX and FSA disclosure requirements
  • Build reliable, repeatable data collection and reporting processes
  • Assess whether ESG data and emissions calculation systems are needed

ESG in deals

ESG is increasingly a factor in deal value, risk and investor confidence. Whether raising capital, acquiring a target or preparing for a public listing on the Muscat Stock Exchange, organisations and investors need ESG due diligence that identifies risk and value creation opportunities before terms are set.

BDO Oman helps you to:

  • Conduct ESG due diligence on acquisition targets and investments
  • Assess ESG risk exposure and value creation opportunities ahead of transactions
  • Support investor readiness with ESG roadmap alignment
  • Advise on ESG considerations for MSX listings and capital raising

Capacity building

ESG only becomes embedded when it is understood and owned across the organisation, rather than held within a single function. Capacity building equips the Board, senior management and operational teams with the knowledge and practical skills needed to make ESG part of everyday decision making.

BDO Oman helps you to:

  • Deliver ESG training for Board members, senior management and operational teams
  • Define ESG ownership and accountability across departments
  • Build in-house ESG capability and reduce reliance on external expertise over time
  • Embed ESG considerations into procurement and operational processes

Materiality assessment

Materiality assessment identifies the ESG topics that matter most to your business and its stakeholders, forming the foundation for a credible ESG strategy and reporting process.

BDO Oman helps you to:

  • Conduct materiality assessments aligned with GRI Universal Standards
  • Engage internal and external stakeholders to validate priority ESG topics
  • Benchmark material topics against sector and regional peers
  • Translate materiality outcomes into ESG strategy and reporting priorities

Who we serve

  • Financial services — sovereign wealth funds, pension funds, banks, asset managers and investment holding companies navigating investor and lender ESG expectations
  • Oil and gas — organisations managing decarbonisation commitments and regional energy transition constraints
  • Aluminium (upstream and downstream) — companies balancing production intensity with emissions disclosure requirements
  • Steel — organisations preparing for supply chain and carbon reporting scrutiny
  • Power and electricity — utilities managing regulatory reporting and stakeholder accountability

Why BDO Oman

  • A team of 12 senior-level ESG specialists with cross-industry experience
  • Almost 50 years in the Omani market, with BDO Oman established in 1976
  • Audit heritage that underpins credible, assurance-ready ESG advisory
  • Deep familiarity with Financial Services Authority (FSA) and Muscat Stock Exchange (MSX) disclosure requirements
  • Experience across financial services, oil and gas, aluminium, steel, power and real estate

Meet our BDO Oman ESG consultants

Bringing over 50 years of combined experience across banking, oil and gas, aluminium, steel, power and real estate.

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Bipin Shete

Regional Business Advisory Partner
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Ashish Kamdar is a Director in Risk Advisory Services at BDO Oman

Ashish Kamdar

Director in Risk Advisory Services
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Chockalingam Kumarappan Oman ESG

Chockalingam Kumarappan

Manager, Advisory Services
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Common ESG questions Omani businesses face

To what extent should we adopt voluntary ESG practices, and how do we benefit?

Voluntary practices ahead of a regulatory deadline position organisations favourably with investors, lenders and increasingly regulation-conscious customers, and reduce the cost of later compliance. BDO Oman helps assess which voluntary practices deliver the most value for your sector and stage of maturity.

What are the expectations from regulators around ESG in Oman?

The Financial Services Authority and Muscat Stock Exchange have moved from voluntary to mandatory ESG disclosure for listed companies, with further alignment to IFRS S1 and IFRS S2 underway. BDO Oman tracks these developments and helps organisations stay ahead of requirements rather than reacting to them.

Who should own ESG within the organisation?

Ownership works best as a shared model: a dedicated ESG lead or function coordinates strategy and reporting, while accountability for delivery sits with the departments responsible for each ESG topic.

Do we have the expertise in-house to implement an ESG strategy?

Most organisations starting their ESG journey do not, and that is expected. BDO Oman works alongside internal teams to implement strategy while building in-house capability through capacity building, so reliance on external support reduces over time.

How do we integrate ESG into existing procurement and operational processes?

Integration works best when ESG criteria are added to existing processes and approval gates, rather than run as a separate parallel system. BDO Oman helps identify the right integration points across procurement and operations.

How do we navigate regional ESG challenges, such as limited fossil fuel alternatives and reliance on private transport?

These constraints are common across the region and require pragmatic, phased targets rather than approaches copied from other markets. BDO Oman helps organisations set realistic roadmaps that reflect Oman's infrastructure and energy realities.

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Where are you on your ESG journey?

From first strategy to independent assurance, our team meets you at the right stage.

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