At the 5th International Sustainability Forum, Ukraine’s National Commission on Securities and Stock Market outlined plans to strengthen sustainable development disclosure by synchronising state requirements for environmental, social and governance (ESG) reporting to avoid duplicative indicators and reduce the burden on business. The planned package includes developing a single ESG taxonomy to translate reporting into measurable indicators, issuing practical recommendations and guidance on sustainability reporting, resuming the Scorecard project as a tool to assess companies’ ESG maturity at industry level, and stepping up business education on ESG as part of long-term strategy. Commission member Yaroslav Shliakhov also described limited uptake and quality issues in current reporting, noting that Ukraine has more than 11,000 issuers (around 3,500 to 4,000 active) but only about two dozen companies have submitted substantive sustainability reports, with many disclosures remaining formal and lacking systematic analysis of ESG indicators. He framed the regulator’s role as enabling companies to assess sustainability maturity and environmental and social risks and to move towards European standards.
Ukraine National Commission on Securities and Stock Market 2025-11-03
Ukraine National Commission on Securities and Stock Market sets out initiatives to harmonise ESG reporting including a single taxonomy and revived Scorecard
Ukraine's National Commission on Securities and Stock Market plans to enhance ESG reporting by aligning state requirements and reducing business burdens. The initiative includes developing a unified ESG taxonomy, issuing guidance, resuming the Scorecard project, and enhancing business education on ESG. Despite over 11,000 issuers, only about two dozen companies have submitted substantial sustainability reports, highlighting the need for improved reporting quality and uptake.