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Oman sustainability and ESG regulatory developments

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-22 03:58 UTC → 2026-09-05 12:03 UTC · added removed

Oman is advancing its sustainability and ESG regulatory landscape to meet Vision 2040 goals and its 2050 net zero commitment. The Muscat Stock Exchange is transitioning toward mandatory ESG reporting, with full IFRS sustainability disclosure compliance expected by 2029. In the energy sector, Energy Oman has rebranded to reflect its role in the national economic ecosystem and the sustainable energy transition. CEO Mazin Rashid Al Lamki stated the rebranding represents a “qualitative shift” in the company’s local The Ministry of Energy and Minerals has further expanded its international presentation, focusing on governance and resource management reach by joining an international hydrogen network. This move aims to enhance cooperation in hydrogen technologies across oil, gas, transportation, industry, and renewable sectors. power generation, helping to develop green hydrogen value chains. Research into Muscat’s road network suggests that a 60% penetration rate of green hydrogen could reduce total greenhouse gas emissions by nearly 95%, though this would require an exponential increase in refueling infrastructure. The construction industry is seeing increased demand for green building consultancy to navigate the Oman Building Code and the Roznah rating system. The Ministry of Housing and Urban Planning has introduced the Oman Energy Efficiency and Sustainability Code 2025, which includes a two-year voluntary trial for new building design standards before full enforcement in 2030. A priority of this initiative is retrofitting existing government buildings to potentially achieve energy savings of up to 26 percent. Regional initiatives are also emerging, such as continue through the ‘Sustainable Dhofar’ campaign in the Dhofar region. This initiative campaign, which utilizes the ‘Amed’ platform to encourage citizens and entrepreneurs to submit proposals for green innovation and mobility projects. proposals. Additionally, organizations continue to prioritize business continuity management (BCM) to mitigate cyber, supply chain, and weather risks. The Authority for Public Services Regulation mandates comprehensive risk management for electricity, water, and sanitation entities, with noncompliance penalties reaching 500,000 Omani riyals.

Versions

  1. 2026-09-05 12:03 UTC Oman sustainability and ESG regulatory developments
  2. 2026-08-22 03:58 UTC Oman sustainability and ESG regulatory developments
  3. 2026-08-16 06:53 UTC Oman sustainability and ESG regulatory developments
  4. 2026-08-11 06:26 UTC Oman sustainability and ESG regulatory developments

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