SSE INITIATIVE NEWS & EVENTS
SSE Launches Official Supporters Program
July 2019
Since its founding 10 years ago, the SSE has grown to include almost all stock exchanges worldwide, and has become the premier platform for collaboration and learning for stock exchanges with capital market regulators, investors, issuers and financial service providers. The SSE seeks partners to become SSE Official Supporters, contributing $10,000 USD annually to ensure exchanges and other key capital market stakeholders have the technical assistance, tools and expertise required to meet their sustainability objectives. On the occasion of its 10th anniversary, the SSE is inviting its partner stock exchanges and other stakeholders to announce their commitment to supporting the initiative and to sustainable capital markets. Find out more here, and contact the SSE Team if you're interested in joining this program. The founding Official Supporters will be announced at the SSE 10 Year Anniversary Event in New York on 26 September.
EVENT: UN SSE initiative 10 Year Anniversary Celebration
26 September 2019, New York Stock Exchange, New York, USA
In 10 years, the SSE has grown to 90 exchanges, listing 51,000 companies valued at 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. To mark the 10 year anniversary since the SSE was initiated in 2009 by the United Nations Secretary General in New York, partners are invited to join in commemorating the progress of sustainable stock exchanges and charting a path for the next 10 years.This is an invitation only event. For more information, please contact the SSE team.
SSE EXCHANGE IN FOCUS ARTICLES
Chile and Luxembourg Stock Exchanges join forces
The Santiago Exchange and the Luxembourg Stock Exchange, SSE Partner Exchanges since 2014 and 2016 respectively, signed a Memorandum of Understanding (MoU) agreement to facilitate the cross listing and trading of financial securities in both markets. The priorities of this general framework are green and social bonds, which would be promoted and mobilised as sustainable finance mechanisms through both domestic and international capital markets.
WEBINARS AND EVENTS
23-24 September, New York
The two-day event will convene over 700 leaders from government, business and civil society, who will propose new initiatives to foster collective action. More information will be provided in September
LuxFLAG announces Sustainable Investment Week for October
22-24 October, Luxembourg
The Luxembourg fund labeling agency has announced its inaugural Sustainable Investment Week. The event will feature some 15 standalone events at various locations around the Grand Duchy.
CONSULTATIONS
Call for feedback on TEG report on EU Taxonomy
Due: 13 September 2019
This call for feedback is part of ongoing work by Directorate-general for financial stability, financial services and capital markets union, Directorate-general for environment, Directorate-general for climate action and Directorate-general for energy on sustainable finance, for which the European Commission has set up a dedicated Technical expert group (TEG).
STOCK EXCHANGE NEWS
B3 included in the FTSE4Good Emerging Latin America Sustainability Index
7 August 2019
B3 has been included for the third consecutive year in the FTSE4Good Emerging Latin America Sustainability Index, created by the international index provider FTSE Russell.
NSE appoints 2face as its ‘Good Cause Ambassador
7 August 2019
The Nigerian Stock Exchange (NSE) has announced the appointment of multi-award winning artiste as its Good Cause Ambassador. According to Oscar N. Onyema, CEO of the NSE, 2face’s focus on promoting social causes through his music aligns with NSE’s commitment to creating sustainable value for its diverse stakeholders as well as increasing impact in line with the Sustainable Development Goals (SDGs).
13 August 2019
The updates to the Moscow Exchange Listing Rules created, as of the 12th of August, a Sustainability Sector consisting of three independent segments: green bonds, social bonds and national projects. The segment for national projects will include Russian and international bonds that meet the objectives of national projects such as "Environment", "Demography" and "Public Health"
The World Federation of Exchanges publishes a white paper on sustainability and commodity derivatives
20 August 2019
The global industry group for exchanges and CCPs aims at exploring sustainability and stimulating the discussion among the WFE membership and the wider commodity derivatives industry. Access to the paper here.
28 August 2019
This year's topic aims to tasks students on their understanding of the role of the capital market in achieving the SDGs.
28 August 2019
In conjunction with Hari Wanita 2019, approximately 280 women attended the seminar at Bursa Malaysia Berhad on 24 August 2019, jointly organised for the first time by the Exchange and the National Council of Women’s Organisations Malaysia.
Abu Dhabi Securities Exchange (ADX) celebrated Emirati Woman's Day
28 August 2019
The celebration highlighted the efforts made by Emirati women working at ADX and emphasised the importance of women's participation all across the financial sector.
29 August 2019
The cooperation centers on raising awareness of the benefits of sustainable investment products, disclosing information related to sustainability, educating the capital market’s human resource and investors on sustainability.
REGULATOR NEWS
The Canadian Securities Administrators (CSA) issues guidance on climate change- related disclosure
1 August 2019
The regulator announced the publication of CSA Staff Notice 51-358 Reporting of Climate Change-related Risks, intended to clarify existing regulations and assist companies in identifying and improving their disclosure of material risks posed by climate change.
ESMA issues a call for candidates for its newly-established Data Advisory Group
6 August 2019
Interested individuals with expertise on market data regulatory reporting issues and record keeping can apply by no later than 16 September 2019, using the standard application form. More information here
De Nederlandsche Bank (DNB) plans to fine-tune its policy on responsible investment
9 August 2019
The Dutch regulator’s pension fund is aiming for an investment portfolio with a 30% outperformance on ESG.
ESG INDICES AND PRODUCTS
UBS launches new equity and bond EFTs on Xetra with a focus on sustainability
6 August 2019
The new products offer investment vehicles in the top 50 stocks in the euro zone with a sustainable corporate focus.
STOXX Ltd. has launched an ESG version of its flagship index EURO STOXX 50®
6 August 2019
The index was launched by the operator of Deutsche Boerse Group’s index business and global provider of innovative index concepts. It was licensed to UBS Asset Management as an underlying for an ETF listed in Frankfurt.
Warsaw Stock Exchange launches Poland ESG equity Index
14 August 2019
The Warsaw Stock Exchange has a new equity index which provides exposure to blue-chip stocks listed in Poland while tilting to those with the strongest environmental, social, and governance (ESG) profiles. It includes 60 of the largest and most-liquid trading securities.
First vegan investment fund coming to New York Stock Exchange
19 August 2019
An investment fund designed for animal rights advocates and environmentalists, the first of its kind according to financial experts, is set to begin trading on the New York Stock Exchange (NYSE) next month.
28 August 2019
The new Solactive ISS ESG Beyond Plastic Waste Index includes companies offering solutions for efficient plastic recycling and the reductions of plastic pollution as well as corporations providing reusable products.
MANAGEMENT NEWS
CBOE Global Markets, Inc. announced its Board of Directors elected Fredric J. Tomczyk
1 August 2019
Mr. Tomczyk, former President and Chief Executive Officer of TD Ameritrade Holding Corporation, was elected to fill a vacancy resulting from the Board increasing its size to fourteen members. Mr. Tomczyk, who is also Fellow of the Institute of Chartered Accountants of Ontario, currently serves as a trustee of Liberty Property Trust.
6 August 2019
Chaiyawat Wibulswasdi will be Chairman of the BoG, which presently consists of 11 governors
Euronext’s Supervisory Board has made five nominations in the governance of Euronext N.V.
20 August 2019
Stéphane Boujnah has been nominated for reappointment as CEO and Chairman of the Managing Board of Euronext N.V.; Håvard S. Abrahamsen has been nominated as member of the Managing Board of Euronext N.V.; Simone Huis in ‘t Veld has been nominated as CEO of Euronext Amsterdam and member of the Managing Board of Euronext N.V.. Nathalie Rachou and Morten Thorsrud have been nominated independent members of the Supervisory Board. All five nominations are for four year terms.
HKEX welcomes Rico Leung to its Risk Management Committee
28 August 2019
In accordance with the Securities and Futures Ordinance, the new Executive Director of the Securities and Futures Commission, Mr. Leung, replaces the former Director, Mr. Keith Lui.
