The Bermuda Stock Exchange (BSX) has solidified its commitment to transparency and sustainability by becoming a member of the UN Sustainable Stock Exchanges initiative. The SSE’s newest member joins a network of now 103 stock exchanges around the world that are committed to promoting sustainable development.

Move towards a sustainable financial market

BSX President and Chief Executive Officer Greg Wojciechowski said, “The BSX is delighted to join the UN SSE as a Partner Exchange. As a member of the World Federation of Exchanges (WFE), the BSX has embraced ESG principles which have become a growing priority for WFE member exchanges.”

The SSE works with stock exchanges through technical assistance, consensus building and research to contribute to the achievement of the United Nations Sustainable Development Goals (SDGs) and to stimulate investment for a sustainable future. Exchanges around the world partner with the SSE to work towards a common objective of fostering financial markets that support the growth of sustainable and responsible business practices.

Mr. Wojciechowski added, “Bermuda’s insurance and reinsurance industry continues to be a global leader in climate finance and insurance linked securities which are addressing the global protection gap – those corporate entities, municipalities and countries that are uninsured or under-insured – and providing resilience and recovery in the face of a changing climate. As an integral part of this market, the BSX will soon be issuing ESG guidelines for our listed issuers which will provide an opportunity to take an active and important leadership role in promoting sustainable business practices.”

SSE Stock Exchange Database

To learn more, visit the SSE’s database of stock exchange sustainability activities. Currently, the database has data on 107 stock exchanges and tracks progress on key activities where exchanges are promoting sustainable business and investment practices. It is the largest data set of its kind and the data is freely accessible.