Representatives of the Republican Stock Exchange “Toshkent” and Ernst & Young (EY) held a meeting to discuss potential areas of cooperation.
The discussions focused on the implementation of ESG principles in the national capital market, enhancing the transparency and accountability of issuers, and improving sustainability-related disclosures in line with international standards.
Particular attention was given to providing practical support to issuers in the phased introduction of ESG reporting. The parties considered opportunities to develop methodological recommendations, standard reporting templates, checklists, and practical guidelines for companies, as well as mechanisms for assessing their readiness to prepare ESG reports.
The parties also discussed potential cooperation in the following areas:
developing roadmaps for the implementation of ESG reporting for issuers;
assessing companies’ level of readiness based on ESG Readiness Assessments and Gap Analyses;
preparing issuers for international ESG ratings;
introducing approaches to climate-related disclosures and greenhouse gas emissions accounting;
organizing training seminars and practical workshops on ISSB, SASB, and other international standards.
The initiatives discussed are aimed at establishing ESG practices among issuers on a systematic basis, improving the quality of corporate governance, and strengthening the transparency, comparability, and reliability of information provided to investors.