Kenya / Listing rule
NSE Kenya ESG
NSE ESG Disclosures Guidance Manual (2021); ICPAK Roadmap for adoption of IFRS S1/S2 in Kenya
Adopted2026-01Modified
Topic : ESG disclosure · Level : Stock exchange
Today
NSE 2021 ESG manual not legally binding. ICPAK: IFRS S1/S2 mandatory for public interest entities for periods from 1 Jan 2027.
Summary
NSE-listed companies publish ESG data under a 2021 manual. ICPAK has made IFRS S1/S2 mandatory for all public interest entities from 1 January 2027, after a shortened transition.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées et non cotées
- Sectors
- All NSE-listed sectors
- Banks, insurers, SOEs (PIEs)
- Triggering activities
- Listing on Nairobi Securities Exchange
- Being a public interest entity in Kenya
- Extraterritorial reach
- No
non précisé
- Examples
- NSE-listed telecom operator
- Kenyan bank or insurer
What the law requires
- Publish annual ESG disclosures per NSE manual (GRI-based, not legally binding)
- Prepare IFRS S1/S2 reports for periods beginning on or after 1 Jan 2027
- Disclose climate risks and Scope 1-2 emissions
Penalties
None in NSE manual or ICPAK roadmap. No CMA, CBK or IRA rules enforcing IFRS S1/S2 published (checked Nov 2026).
SUPPLIER INTELLIGENCE
What this changes for a supplier in China
Kenyan listed buyers and PIEs will request emissions data from Chinese equipment, vehicle and infrastructure suppliers as IFRS S2 Scope 3 work starts.
Expected evidence
- Product carbon footprint
- Scope 1-2 data of supplying site
- Labour standards declaration
Tiers : Tier 1
Net Zero Pulse