ESG Reporting and Disclosures

ESG reporting enables organisations to communicate their environmental, social and governance vision, commitments, strategies and performance to investors, regulators, lenders and other stakeholders. Effective ESG reporting can strengthen transparency, stakeholder confidence and corporate reputation, but it depends on robust stakeholder engagement and reliable data collection across the organisation.

ESG reports should be developed in line with recognised frameworks and standards, including GRI Standards and IFRS Sustainability Disclosure Standards. In Oman, listed companies must also comply with Muscat Stock Exchange (MSX) ESG disclosure requirements. The Financial Services Authority (FSA) is progressing the phased implementation of IFRS S1 and IFRS S2, with mandatory implementation for entities within scope scheduled from 1 January 2029.

How BDO Oman can help with ESG reporting and disclosures

BDO Oman helps organisations develop credible ESG disclosures, strengthen underlying data and reporting processes and prepare for evolving sustainability reporting requirements in Oman and internationally.

BDO Oman helps you to:

• Develop the theme, structure and content of your ESG report
• Collect and consolidate ESG data from multiple sites, functions and stakeholders
• Align disclosures with GRI Standards and IFRS Sustainability Disclosure Standards
• Support alignment with MSX ESG disclosure requirements and evolving FSA expectations
• Build reliable, repeatable ESG data collection and reporting processes
• Assess the need for ESG data management and emissions calculation systems