ESG disclosuresreportingAUMturnover
This ADGM guidance document outlines the Environmental, Social, and Governance (ESG) disclosures framework for companies operating within the ADGM. It specifies the scope, timeline for compliance, and threshold conditions based on turnover and Assets Under Management (AUM). The guidance also addresses the review process and potential consequences for non-submission of ESG disclosures.
Key requirements
- Companies meeting a certain turnover threshold must make ESG disclosures.
- FSRA Fund and Asset Managers meeting a certain AUM threshold must make ESG disclosures.
- In-scope companies must submit ESG disclosures or face potential consequences.
- Companies included in the group accounts of a larger group may be exempt from individual disclosures.
Applies to: Companies operating within the Abu Dhabi Global Market (ADGM) that meet specific turnover thresholds and FSRA Fund and Asset Managers that meet specific AUM thresholds.