PNG stock exchange consults on ESG code

The public consultation aims to deliver lasting change across Papua New Guinea’s wider economy by setting new corporate governance standards, including a recommendation on tackling gender-based violence.

Papua New Guinea’s national stock exchange (PNGX) is consulting on a new corporate governance code that will introduce environmental, social and governance standards for listed issuers, including novel recommendations to tackle violence against women. The proposals were drafted with the assistance of the International Finance Corporation and the UN Sustainable Stock Exchanges initiative.