FRA Launches the Regional Center for Sustainable Finance
15 March 2021
SSE and FRAThe FRA is an active member of the SSE Regulators Working Group and has participated in many SSE projects, including leading the SSE Advisory Group that lead to the report How Securities regulators can support the Sustainable Development Goals. This Advisory Group was chaired by Mohammed Omran Chairman of FRA. “I applaud the SSE and its Advisory Group for making a valuable contribution to the ongoing discussion among securities market regulators, exchanges, investors and issuers to promote sustainable finance.” said Mohammed Omran Chairman of FRA in the SSE’s 10 year anniversary report.
Sustainable Finance is at the core of SSESSE is involved in many projects to advance sustainable finance, including the SSE ESG Guidance campaign and the SSE Climate Disclosure Advisory Group.
SSE Climate Disclosure Advisory GroupThe SSE Climate Disclosure Advisory Group aims to support exchanges in providing guidance to their market on climate disclosure. The new workstream will assist stock exchanges in developing best practice reporting guidance for issuers to ensure globally consistent disclosures incorporating the recommendations from the FSB Task Force on Climate-Related Financial Disclosures (TCFD). This new project is being conducted under the auspices of Mark Carney, UN Special Envoy for Climate Action and Finance, in collaboration with our Co-Chairs for this Advisory Group, London Stock Exchange Group (LSEG) and Johannesburg Stock Exchange. More information here and here.
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.