Bolsa de Comercio de Santiago inks commitment to UN Sustainable Stock Exchanges initiative

5 December 2014

Santiago- Chilean stock exchange Bolsa de Comercio de Santiago has signed its commitment letter, officially becoming a Partner Exchange of the Sustainable Stock Exchanges (SSE) initiative. Santiago expressed interest in the initiative in November at the IV International Forum on Sustainability in Santiago, noting it had asked for board approval to take part in the initiative. It also announced at the Forum the forthcoming development of a new, investable, sustainability index. Board President Juan Andrés Camus stated, “The Santiago Stock Exchange’s incorporation into the SSE is in line with the exchange’s work on the sustainability and transparency of the securities market via various initiatives, internal policies, norms, and adoption of international standards.” Moreover, he noted, “the SSE is a learning platform that enables exchanges to work together on environmental, social, and governance issues, which allows us to share progress with other exchanges on sustainability around the world. This is key to the successful generation of business value and to the creation of an environment of trust and transparency for investors.” With Santiago’s commitment, all four exchanges in the Integrated Latin American Market (known as MILA for its Spanish initials) – SantiagoLimaColombia and Mexico – are now Partner Exchanges of the SSE.

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.