SSE addresses journalists at Guayaquil Stock Exchange’s second sustainable finance workshop
4 June 2023
For the second time in 2023, the Ecuadorian stock exchange Bolsa de Valores de Guayaquil (BVG) held a journalist in-person workshop with the theme of "Sustainable finance: introduction to ESG factors and opportunities in the issuance of thematic bonds in Ecuador." As part of the exchange’s ongoing work with the media to promote the country's stock market culture, BVG changed the workshop location from Guayaquil to Quito to increase its reach.
The workshop included presentations from Ricardo Rivadeneira, president of BVG’s board of directors, Ximena Cano, legal counselor of BVG, Cristian Crespo, Picaval Legal Director and Vanina Vegezzi, Project Officer at United Nations Sustainable Stock Exchanges initiative.
“Climate-related opportunities are giving rise to a number of new financial mechanisms. According to the SSE database, in 2022, 47 stock exchanges had a sustainability bond segment. ” said Ms. Vegezzi.
Ms. Vegezzi also discussed the essential awareness raising role that stock exchanges play, applauding the BVG’s bell-ringing event for gender equality. The UN SSE recently launched a series of market monitors that provide an overview of the state of gender equality performance in corporate leadership.
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.
