The Central Bank of Bahrain (“CBB”) views that ESG reporting is an effective tool for stakeholders to better examine a company’s efficiency, sustainability, and risk exposure. The objective of this Module is to establish a uniform framework for listed companies and licensees to disclose their ESG performance and sustainability efforts. Considering that companies are at different stages on their sustainability journey, this document contains information on important aspects of ESG reporting, such as stages involved in creating an ESG report, recommendations, resources, and requirements when preparing the report. These topics collectively offer a thorough approach to ESG reporting and are to be viewed in conjunction with relevant international best practices, frameworks and guidelines referred to within this document (Appendix 2).