Dubai: Abu Dhabi Securities Exchange (ADX) said on Tuesday it has signed a memorandum of understanding with the management consulting firm Sustainability Excellence.

The MoU is aimed at deploying Environment, Social and Governance (ESG) -related initiatives that would enable ADX to promote ESG and sustainability values and practices among its listed issuers and investors as well as internally, the bourse said in an emailed statement.

Rashid Al Blooshi, Chief Executive of ADX, said: “ADX will intensify its efforts in the next phase to promote responsible investment and encourage constructive dialogue between investors and listed companies.”