As part of efforts to push the boundaries of environmental, social, and governance (ESG) standards, Botswana Stock Exchange (BSE) has partnered with Risk Insights (RI). Risk Insights is recognized for its pioneering solutions for ESG in Africa, Under the partnership, RI is set to infuse its expertise into the local market, through the BSE, to elevate the country’s commitment to sustainable business practices.

"We are honored to embark on this transformative journey with Risk Insights, to provide access to AI-powered platforms that generate ESG ratings, insights and analytics. This is in line with our vision to deliver innovative products and services,” said BSE Chief Executive Officer, Thapelo Tsheole. Tsheole said the two parties will work closely with issuers to appreciate and enhance the extent to which sustainability disclosures meet international disclosure frameworks. “In this era where there is increased demand for ESG disclosure and ratings, and encouragement from the Regulator, this partnership comes in handy." At the core of this collaboration lies the integration of Risk Insights' cutting-edge Artificial Intelligence-powered platforms – the ESG GPS and A-Cubed.

The ESG GPS platform empowers BSE-listed companies with a holistic suite of ESG ratings, disclosure insights and analytics, news, and strategic business intelligence, while A-Cubed extends its impact to provide data and ratings for privately owned unlisted companies that also impact on the local and global supply chain. The collaboration marks a significant leap in delivering timely, actionable data to all stakeholders. Tsheole said BSE and RI are set to enhance the ESG disclosure landscape, ensuring that companies, both listed and unlisted, can seamlessly showcase their ESG credentials on a global stage, facilitating informed decision-making for investors, analysts, and the wider public and increasing access to sustainable capital.

Meanwhile, Andrey Bogdanov, Risk Insights Interim Chief Executive Officer said the partnership is a catalyst for change. "Our collaboration with BSE is a testament to the power of shared vision and commitment. Together, we are not just partners; we are catalysts for positive change. We look forward to pushing the boundaries of ESG excellence, setting new benchmarks for sustainable practices in Botswana and beyond." The fusion of BSE's esteemed position and Risk Insights' cutting-edge technology is poised to empower listed companies with tools to improve the ESG stewardship and business transformation. As these two institutions work together, a dynamic synergy unfolds, not just elevating ESG standards but also contributing to the BSE’s global narrative on sustainability.