Listed companies
Better MSX disclosures
With every listed company now reporting, the exchange's focus has moved to the quality of disclosure. A clear, consistent data set and narrative sets you apart.
Oman
ESG reporting in Oman, from MSX metrics to ISSB
ESG disclosure has been mandatory for companies listed on the Muscat Stock Exchange since 2025, and Oman has now adopted the ISSB standards. We help Omani companies meet this year's requirements and build towards IFRS S1 and S2.
30ESG metrics every MSX-listed public company must disclose
2029IFRS S1 and S2 apply in full, with Scope 3 from 2030
2050Oman's net-zero target
The rules today
Where Oman's ESG regulation stands
Oman has moved faster than most of the region. Listed companies already report 30 ESG metrics every year, banks begin climate disclosure with their 2026 financial statements, and the Financial Services Authority has adopted IFRS S1 and S2 for listed companies and financial institutions, with a phased start.
| Rule or guidance | What it means |
|---|---|
| MSX ESG disclosure (Decision 77/2025) | Mandatory for public joint-stock companies (SAOGs) listed on the Muscat Stock Exchange: 30 metrics, approved by the board and published each year |
| IFRS S1 and S2 (FSA, 2026) | Adopted for listed SAOGs and financial institutions; full application for periods from 1 January 2029, with Scope 3 emissions from 2030. A phased start from the 2027 reporting cycle has been proposed |
| Central Bank of Oman climate rules (2024) | Banks must embed climate risk in governance, strategy and risk management, with climate disclosures from their 2026 financial statements |
| Climate Affairs Regulation (2016) | Projects that emit greenhouse gases need a climate affairs permit and must monitor and report their emissions each year |
| FSA Bonds and Sukuk Regulation (2024) | Sets out requirements for issuing green and sustainable bonds and sukuk, including disclosure |
Last checked October 2026. Rules are changing quickly; we confirm the current position with every client.
What Omani companies need now
ISSB
A head start on IFRS S1 and S2
Climate risk analysis, scenario work and Scope 3 data take time to build. Starting now spreads the effort and avoids a rush before 2029.
Finance
Banks' climate requirements
As Omani banks start climate disclosure, they need emissions data and transition plans from the companies they lend to.
Net zero
Oman's 2050 target
Customers, government partners and investors increasingly expect a baseline, targets and a credible reduction plan.
How we help Omani companies
Start here
ESG Readiness Evaluation
A short, fixed-fee review of where you stand against the MSX metrics, IFRS S1 and S2 and your stakeholders' requests, with a costed plan.
About the evaluation →Reporting
Sustainability and ESG reporting
Your annual MSX ESG disclosure and a GRI-aligned sustainability report from one data set, with an ISSB index that builds towards IFRS S1 and S2.
About reporting →Carbon
Carbon accounting and decarbonisation
A greenhouse gas inventory to the GHG Protocol, covering Scope 1, 2 and the Scope 3 categories you will need for IFRS S2, and a practical reduction plan.
About carbon accounting →Strategy
Sustainability strategy
Materiality, targets and a costed roadmap aligned with Oman's 2050 net-zero target and built into governance.
About strategy →Certifications
Certifications and ratings
Support to achieve ISO 14001 and EPDs, and to improve your MSCI, Sustainalytics and CDP ratings.
About certifications →People
Staff engagement workshops
Three-hour workshops on climate, circular economy or biodiversity, run on site for your teams in Oman.
About workshops →Working with us
Senior-led, from Muscat to Duqm
We work with Omani companies from our base in the UAE, with on-site workshops, interviews and data sessions in Oman whenever they help. A senior consultant leads every engagement, and fees are fixed before we start.
We have helped more than 150 companies across the GCC since 2019.
Common questions
Is ESG reporting mandatory in Oman?
Yes, for public joint-stock companies (SAOGs) listed on the Muscat Stock Exchange. Since 2025 they must disclose 30 ESG metrics each year, approved by the board. Banks must also start climate-related disclosures with their 2026 financial statements.
When do IFRS S1 and S2 apply in Oman?
The Financial Services Authority adopted IFRS S1 and S2 in 2026 for listed public companies and financial institutions. Full application is required for periods starting on or after 1 January 2029, with Scope 3 emissions from 1 January 2030. A phased start from the 2027 reporting cycle has been proposed.
Do Omani companies have to report greenhouse gas emissions?
Projects that emit greenhouse gases need a climate affairs permit and must report their emissions each year. Listed companies report emissions as part of the MSX metrics, and IFRS S2 will add Scope 1, 2 and 3 disclosure from 2029 and 2030.
Which framework should an Omani company use?
Start with the 30 MSX metrics if you are listed, report against the GRI Standards for a complete picture, and add an ISSB index now so the move to IFRS S1 and S2 is gradual.
Where should we start?
With our ESG Readiness Evaluation: a short, fixed-fee review of where you stand and what to do first, with a costed plan you can take to your board.
Talk to us
Tell us where you are on sustainability and we will suggest the right first step.
info@livingbusiness.com
Send an enquiry