AFCM and Sustainable Square Consultancy Sign MOU to Boost ESG Capacity Building and Training in Arab Capital Markets

AFCM Secretary General Ramy El-Dokany, Sustainable Square CEO Monaem Ben Lellahom and AFCM Deputy Secretary General & Head of Research Fadi A. Kanso

Sustainable Square Consultancy and the Arab Federation of Capital Markets (AFCM) have signed a Memorandum of Understanding (MOU) to collaborate on initiatives aimed at advancing the adoption of ESG and sustainability practices within the capital markets and listed companies in the Arab countries.

The MOU, dated April 3rd, 2024, signifies the mutual interest of both parties in working together towards a common purpose whose key objectives are ESG, sustainability and climate change thought leadership; capacity building and trainings; and partnership in conferences and webinars.

Rami El-Dokany, AFCM Secretary General, expressed his enthusiasm for the partnership, stating, “We are thrilled to announce a partnership with Sustainable Square Consultancy! Together, we will join forces to champion ESG and sustainability across the Arab region. We’re energised by the prospect of working alongside Sustainable Square’s dedication and expertise. We believe this partnership will be a catalyst for positive change, paving the way for a more sustainable Arab world.”

Commenting further on the collaboration, Monaem Ben Lellahom, Group CEO of Sustainable Square termed AFCM a valuable platform for empowerment, interaction and collaboration, saying, “We are excited about the opportunities arising from our partnership with AFCM which, like Sustainable Square Consultancy, is dedicated to fostering sustainable business growth in the Arab world and unleashing the potential of stock exchanges, listed companies and other members”.

Both parties are committed to working together in good faith to achieve the objectives outlined in the agreement, with a shared vision of driving sustainable growth and development within the capital markets sector.

For media inquiries and further information, please contact:

Sustainable Square Consultancy and Think Tank LLC
Email: info@sustainablesquare.com
Website: www.sustainablesquare.com

Arab Federation of Capital Markets (AFCM)

Email: info@arab-exchanges.org

Website: www.arab-exchanges.org

ABOUT SUSTAINABLE SQUARE

Headquartered in the UAE, Sustainable Square stands at the forefront of global advisory firms, specialising in the strategic elevation of sustainability in business. We provide a suite of consultancy services designed to streamline organisational sustainability, robust ESG disclosure, climate change mitigation and net zero strategies, responsible investment, and social impact.

We see ourselves as a partner for businesses, helping them navigate the complex world of ESG performance. Working to amplify the performance of businesses, we leverage our expertise and technology to support companies in becoming more transparent, responsible, and inclusive.

We customise our offerings to align with an organisation’s unique sustainability goals and to ensure that your business stands out. We have conducted over 2,000 board capacity building sessions and work with managers and C-suite executives to craft sustainability roadmaps that help organisations thrive by creating value for all stakeholders.

A sustainability tech, climate tech pioneer, Sustainable Square offers Squarely, an innovative ESG reporting tool that automates complex processes and tasks, using technology to save time, reduce cost and enhance collaboration in meeting sustainability targets.

With a proven track record, including over 380 successful projects and a 92.3% Customer Satisfaction Score, we’ve worked with over 170 clients to shape their ESG, responsible investing, climate action and social impact narratives.

If you would like to get in touch with our expert consultants to find out what Sustainable Square can do for your organisation’s sustainability goals, reporting and disclosure please write to us at info@sustainablesquare.com or call +971 4 240 8298.

ABOUT ARAB FEDERATION OF CAPITAL MARKETS

The Arab Federation of Capital Markets was established in June 1978, under the recommendation of the Arab Central Banks Conference, held under the auspices of the General Secretariat of the League of Arab States in the Hashemite Kingdom of Jordan. The Mission of the Arab Federation of Capital Markets is to create a transparent and developed environment for the Arab Capital Markets, to reduce the barriers of securities trading across the countries, to enhance the communication among its members and to coordinate their activities with the Regional and International partners. The headquarter of the Arab Federation of Capital Markets is located in Beirut, Lebanon. Mr. Abdelaziz Nasser Al-Emadi, acting CEO of Qatar Stock Exchange, is the Chairman of the AFCM for the current exercise. Mr. Rami El Dokany is the Secretary General of the AFCM. The AFCM is the Arab industry group for 18 exchanges and 8 Clearing Houses (CSDs/CCPs), and multiple affiliate members (financial institutions, brokerage firms and local industry associations) from all around the Arab region (GCC, Levant and Arab African countries).