Press Release: NSE AND RISK INSIGHTS COLLABORATE TO DRIVE SUSTAINABILITY FOR EAST AFRICA

Nairobi Securities Exchange (NSE) and Risk Insights have agreed to cooperate and use Risk Insights’ AI-powered ESG GPS™ rating platform and suite of products to provide access to ESG ratings, ESG disclosure information, ESG news and strategic business intelligence to the NSE listed companies. This cooperation is aimed jointly at driving sustainability for East Africa.

Geoffrey Odundo, Chief Executive, NSE commenting on the collaboration said, “ESG GPS™ platform will be used as a foundation of the NSE to facilitate end-to-end suite of sustainability reporting solutions to support Kenyan listed companies to improve reporting across all three pillars of ESG.”

“We expect that the NSE listed companies, asset managers, regulators and other stakeholders will benefit from a flexible platform that collects, measures and analyzes corporate sustainability disclosure data, as well as generates high quality strategic business intelligence impact reports.” He added.

This collaboration is timely as companies in Africa move to measure and report impact and sustainability performance for multiple stakeholders. The NSE through its strategy aims to drive ESG transition for the national economy and is well-placed to support businesses and other organizations with their ESG efforts and initiatives to unlock value for clients, shareholders, stakeholders, and the wider society.

Risk Insight has been providing AI-powered ESG ratings suite of products, using its proprietary award-winning rating tool ESG GPS™.

“We are very delighted to collaborate with NSE as a key player transitioning to an ESG driven economy in Kenya and Africa” said Principal and CEO of Risk Insights Andrey Bogdanov.

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