(26 September 2019) Since its founding ten years ago, the UN Sustainable Stock Exchanges initiative (SSE) has grown to 90 exchanges, listing 50 thousand companies valued at over 86 trillion USD, and it is still growing. This illustrates that participating in a conversation on environmental, social and governance factors has become a necessary part of the investor-exchange-issuer dialogue.
The SSE is the premier platform for collaboration and learning for stock exchanges together with capital market regulators, investors, issuers and financial service providers to meet global sustainability goals. In the context of economic and technology transitions, climate change and regulatory intervention, the SSE supports exchanges to fully integrate sustainability across service lines, in turn, supporting investors and companies to achieve their sustainability objectives.
On the occasion of its 10 year anniversary
, the SSE launched a new chapter to ensure its ability to continue to meet the needs of its growing membership for the years to come. In asking partner exchanges and other key stakeholders to become an SSE Official Supporter, by contributing a voluntary donation annually, the SSE will be able to provide exchanges and other key capital market stakeholders the technical assistance, tools and expertise required to meet their sustainability objectives.
SSE Official Supporters recognize both a market demand and a global necessity for more sustainable and transparent financial markets. Through their financial contribution to the SSE, Official Supporters will enable the SSE to better serve its mission and to grow its research, events and technical assistance in support of exchange’s and regulator’s sustainability activities. To track this progress, SSE Official Supporters will receive an annual Results and Impact Report from the initiative as well as advanced access to all SSE events and working groups.
The SSE would like to thank its founding SSE Official Supporters circle, listed below. Any other exchanges or stakeholders interested in becoming an Official Supporter, please contact Supporters@sseinitiative.org
Founding SSE Official Supporters
- Australian Stock Exchange
- Aviva Investors
- Borsa Istanbul
- Costa Rica Stock Exchange
- Domini Impact Investments
- Dubai Financial Market
- Hong Kong Exchanges
- Korea Exchange
- London Stock Exchange Group
- Luxembourg Stock Exchange
- National Stock Exchange of India
- Panama Stock Exchange
- Saudi Stock Exchange
Testimonials from SSE Official Supporters:
Founding SSE Official Supporters at the SSE 10 Year Anniversary Event in New York
“Stock exchanges are the heart of growth. Today growth must be sustainable. Stock exchanges’ commitment to sustainable growth is therefore both a duty and a pre-requisite to remain relevant. Over the past 10 years, the Sustainable Stock Exchanges initiative has played a key role in bringing exchanges together and emphasizing their special responsibilities towards the environment and society. Our SSE membership since 2015 and our official support as Partner exchange reflect the commitment of Euronext to the promotion of long term sustainable investment and ESG disclosure among listed companies, through dialogue with investors, issuers, regulators and other members of the Sustainable Stock Exchanges initiative”. Stéphane Boujnah, CEO, Euronext
Chief Executive Officer of Aviva plc, Maurice Tulloch: “We are proud to be a founding partner of the SSE initiative and to support the work of the UN. This sort of collaboration between all actors in the system is the only way we can make the changes we need. The last ten years show we can make a difference.”
José Rafael Brenes Vega, CEO of National Stock Exchange of Costa Rica, “We congratulate and celebrate this anniversary with the SSE, and extend our thanks to the United Nations for promoting this initiative. The National Stock Exchange of Costa Rica is working on the commitment we assumed in achieving the SDGs through the capital market. We will continue supporting all initiatives in this regard, and its worth for us all the support the SSE offers in order to advance in the sustainability learning curve. There are many challenges, but we are confident that the contribution of the SSE members will allow us to move effectively towards this global goal.”
Jiwon Jung, CEO, Korea Exchange: “KRX appreciates the SSE Initiative’s strenuous effort over the past ten years. Exchanges and capital markets should act as an incubator for developers of “sustainable technologies” which could create decent jobs and achieve continued economic growth. We hope that the SSE Initiative and Official Supporters play a key role to implement sustainable finance.”
Carole Laible, CEO, Domin: “We are proud to support the SSE initiative’s work to foster global dialogue and capacity building. When stock exchanges lead the way on disclosure, transparency, and accountability, they are an essential driver of the paradigm shift towards a stable and sustainable financial system.”