August News Highlights

4 September 2023

This month includes news from LSEG, NGX, PSX and more.  Monthly news highlights are compiled by the SSE to give an overview of the capital markets' sustainability news from that month. You can subscribe to our monthly news highlights by clicking here. SSE INITIATIVE NEWS & EVENTS  UN SSE Events at the UNCTAD World Investment Forum 16 October 2023 This year, the WIF 8th edition will take place in Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi, United Arab Emirates (UAE), from 16 to 20 October. Over 100 speakers are already confirmed for the SSE sessions at the Forum. During the forum, the SSE initiative, in collaboration with its partners, will hold more than a dozen sessions including: UN SSE Q3 Webinar – ISSB Standard: Briefing, Training and Call to Action 27 August 2023 This quarter’s webinar focuses on a range of exciting sustainability activities. The agenda will include: An update and sneak preview from  the SSE team on their upcoming training on ISSB; A preview of a forthcoming template guidance for exchanges to guide their markets on ISSB-aligned disclosures; Exchanges’ call to action: invitation to endorse the ISSB standards. SSE Academy supports training on climate reporting for youth 25 August 2023 The UN SSE Academy facilitated a training on climate reporting for youth, which equipped participants with essential skills and knowledge to be able to produce and evaluate climate-related data from capital markets. The training program was organized by the official youth constituency (YOUNGO) of the UN climate agency (UNFCCC). UN SSE welcomes Bolsa de Valores de El Salvador 30 August 2023 The UN Sustainable Stock Exchanges initiative welcomes Bolsa de Valores de El Salvador (BVES). BVES has solidified its commitment to transparency and sustainability by becoming a partner exchange of the UN SSE initiative.  EXCHANGE NEWS Vienna Stock Exchange On A Sustainable Success Path: Over 100 Green Bonds In The Vienna ESG Segment 3 August 2023 The Vienna Stock Exchange scores with green issues: The Vienna ESG Segment has been bundling sustainable bonds under particularly high transparency criteria since May 2022 and has now recorded its hundredth green bond. More Companies’ Should Integrate ESG Into Their Overall Business Strategy – Chief Executive Officer, NGX Regulation, Ms Tinuade Awe 11 August 2023 The Chief Executive Officer, NGX Regulation Limited (NGX RegCo), Ms Tinuade Awe, has urged companies to incorporate Environmental, Social, and Governance (ESG) considerations into their overarching business strategies, emphasizing the importance of listed companies aligning their ESG reporting with their business objectives, data management, and governance practices. SET Continues To Drive Potential Of Thai Family Businesses And Promote Ecosystem Development Towards Sustainability 11 August 2023 Over 250 participants attended a seminar entitled "The 1st SET International Conference on Family Business: Family Business in the Changing World" organized by The Stock Exchange of Thailand (SET) during August 3-4, 2023. PSX held a webinar on Ensuring Diversity on Boards through category-wise voting of directors 24 August 2023 The discussion focused on the recently introduces amendments in: Listed Companies (Code of Corporate Governance) Regulations, 2019; Companies (Postal Ballot) Regulations, 2018 SET: Thailand Focus 2023 “The New Horizon” 23-25 August 2023 This year, The Stock Exchange of Thailand, in collaboration with DBS Vickers Securities (Thailand), Kiatnakin Phatra Securities and TISCO Securities & Jefferies organized “Thailand Focus 2023” the largest annual investment conference in Thailand. During the event, Dr.Prasran Trairatvoarakul, Chairman of the Stock Exchange of Thailand said: “As we transition towards the new horizon, trading of carbon credits can incentivize emission reduction, contribute to our climate commitments, and provide a new realm of investment opportunities.” LSEG Inaugurates New Flagship Office in Kuala Lumpur 30 August 2023 LSEG (London Stock Exchange Group) announced the opening of a new flagship office in Kuala Lumpur. The step reinforces LSEG’s commitment to nurturing local talent and fostering economic growth in Malaysia. “The establishment of this office underscores LSEG’s dedication to provide market infrastructure solutions that are pivotal for the country’s globalisation efforts, foreign capital attractiveness, and integration of global best practices into the local financial ecosystem. This collaboration also comes in tandem with our fruitful partnership with Bursa Malaysia to enhance sustainability reporting standards across the country,” Thomas Frossell, Group Head of Customer Operations, LSEG said. SET Organizes First SET Hackathon For General Public In Search Of Innovations For ESG Data Development 31 August 2023 The Stock Exchange of Thailand (SET) will host the first-ever SET Hackathon competition for the general public under the theme “Wealth and Sustainability”, opening up opportunities for thinkers, students, faculty members, investors and interested individuals. The competition is aimed to encourage them to co-invent, utilize the database of the environmental, social and governance (ESG) and develop as an innovation that can navigate investors and listed companies towards sustainable investment and business operations. Application to participate in the competition opens from today to October 10, 2023, to win prizes of over THB 300,000 (approx. USD 8,527.57) REGULATORS AND STANDARD SETTER NEWS Climate Bonds: Latin America and the Caribbean Sustainable Debt State of the Market 2022 8 August 2023 This is the third iteration of Climate Bonds Initiative’s State of the Market series for the LAC region. The report describes the shape and size of labelled GSS+ debt issued by LAC domiciled entities to the end of December 2022. The market analysis is enhanced by an overview of key policy developments, trends, guidance, and growth opportunities for sustainable finance in LAC. The report was supported by the Inter-American Development Bank Group. Why are exchanges important to ESG? Watch the interview of Nandini Sukumar, CEO of the World Federation of Exchanges 21 August 2023 Nandini Sukumar, CEO of the World Federation of Exchanges, discusses the industry's focus on ESG initiatives such as carbon neutrality, corporate governance, and combating greenwashing. Exchanges touches many areas of the financial markets, the industry is helping to educate and convince all stakeholders that sustainability makes good business sense. Closing Remarks Of CFTC Commissioner Christy Goldsmith Romero At The Global Research Alliance For Sustainable Finance And Investment Annual Conference - A Roadmap For Action On Climate Resilience, Yale University 25 August 2023 “Thank you to the Global Research Alliance for Sustainable Finance and Investment for inviting me to close out this highly informative conference.  The timing is certainly appropriate, at the end of the warmest summer on record—a summer that experienced extreme heat events such as smoke days that made it unsafe to go outside, a month-long stretch of 110+ days in Phoenix, and the heartbreaking deadly Maui wildfires.” Singapore: Closing Remarks By Tan Boon Gin, CEO Of Singapore Exchange Regulation, At The SID Special Seminar On “Climate Reporting – Directors, How Do You Respond?” 30 August 2023 “I was at the REIT Association of Singapore’s (REITAS) annual conference last week where Ernst & Young Singapore (EY) presented on climate risk disclosures in Singapore REITs. The full report is targeted for release soon. One of their key report findings is that 100% of REITs have started climate-related disclosures. Why is this? I attribute this to clarity in four areas.” Japan Financial Services Agency: Comment Letter On The International Sustainability Standards Board (ISSB)’s Request For Information Consultation On Agenda Priorities 31 August 2023 On August 30, 2023, the FSA submitted a comment letter to the International Sustainability Standards Board (ISSB) Chair in response to the ISSB’s Request for Information “Consultation on Agenda Priorities” published on May 4, 2023. The comment letter is accompanied by a cover letter by SUZUKI Shunichi, Minister of State for Financial Services. GENDER EQUALITY Canada: Ontario Securities Commission Announces Roundtable On Strengthening Diversity In Canada’s Capital Markets 3 August 2023 The Ontario Securities Commission (OSC) will host a roundtable on diversity, beyond gender, on Thursday, September 14, 2023, from 9:00 a.m. to 11:30 a.m. Women’s Empowerment Pinciples releases its 2023 Ring the Bell for Gender Equality report 16 August 2023 In celebration of 2023 International Women’s Day, UN Women co-organized Ring the Bell for Gender Equality for the ninth consecutive year in collaboration with the International Finance Corporation, UN Global Compact, UN Sustainable Stock Exchange Initiative, and the World Federation of Exchanges. The global theme was Innovation and Technology for Gender Equality. The event was celebrated by 117 exchanges and central counterparty clearing houses from 97 different countries. Of these UN Women co-organized and participated in 48 event, highlighted in this report.

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.