AMMAN, Oct. 19 (Petra) – The Amman Stock Exchange (ASE), supported by
the International Finance Corporation (IFC)–a member of the World
Bank Group–continues to advance the implementation of its regulatory
framework and guidelines for climate-related financial disclosures
issued in 2025.

Developed in partnership with the Netherlands, the disclosure guide
serves as a practical reference for listed companies to assess and
report climate-related risks and opportunities in accordance with
international standards, specifically the International
Sustainability Standards Board (ISSB) frameworks (IFRS S1 and IFRS
S2).

ASE Chief Executive Officer Mazen Wathaifi stated that throughout the
year, the exchange conducted specialized training programs and
capacity-building workshops to prepare listed firms for emerging
local and global ESG reporting requirements prior to mandatory
adoption.

Wathaifi revealed that nine listed companies within the ASE20 index
have voluntarily submitted climate disclosure reports for 2025 during
the ongoing transitional phase. The participating entities include
seven financial institutions and two service and energy firms:
Capital Bank of Jordan, Arab Bank, Bank al Etihad, Safwa Islamic
Bank, Jordan Electric Power Company (JEPCO), Manaseer Oil & Gas (Afaq
Energy), Bank of Jordan, Jordan Kuwait Bank, and Jordan Ahli Bank.

The submitted reports have been published on the official exchange
portal (www.Exchange.jo) under the disclosures section.

Wathaifi emphasized that voluntary compliance by key market
capitalized firms demonstrates growing institutional awareness of
climate risks and ESG factors, which are increasingly vital to
international institutional investors and sustainable finance funds.
He noted that the ASE’s phased regulatory approach guarantees
reporting reliability and bolsters market resilience in alignment
with Jordan’s Economic Modernization Vision.

//Petra// AA