The UN Sustainable Stock Exchange initiative welcomes PNGX Markets, the Papua New Guinea National Stock Exchange as a new member. PNGX has solidified its commitment to transparency and sustainability by becoming a partner exchange of the UN SSE initiative. The newest partner joins a network of now 114 stock exchanges around the world that are committed to promoting sustainable development.
The SSE works with stock exchanges through technical assistance, consensus building, and research to contribute to the achievement of the United Nations Sustainable Development Goals (SDGs) and to stimulate investment for a sustainable future. Exchanges around the world partner with the SSE to work towards a common objective of fostering financial markets that support the growth of sustainable and responsible business practices.
Технології не стоять на місці, і тепер процедура ідентифікації клієнта стала ще простішою завдяки використанню мобільного телефону. Надійна позика через SMS — це зручний формат отримання грошей, коли немає стабільного доступу до комп'ютера або потрібно підтвердити операцію в один крок.
“Partnering with the SSE initiative compliments the goals PNGX is striving towards to help develop the Papua New Guinea capital markets and support the sustainability of the PNG economy” said Mr David Lawrence, PNGX Chairman.
The Exchange recognizes the number of sustainability challenges, that an emerging economy like Papua New Guinea face, which include access to capital for SMEs, corporate governance and transparency, climate change, gender equality, and environmental sustainability. Addressing sustainability factors is of increasing importance to obtaining access to finance in today’s world and PNGX is committed to it.
“As part of a network of like-minded exchanges, PNGX can draw upon the resources of the SSE and its members and partners to develop locally relevant guidance and standards to support the development and sustainability of the local economy. While sustainability-based finance is not yet well developed in Papua New Guinea, joining SSE will have direct relevance by assisting PNGX to give companies the tools they will need to access future finance” Mr Lawrence said.
About PNGX Markets Limited
PNGX Markets is the national stock exchange of Papua New Guinea. PNGX is responsible for providing an orderly and fair market in relation to securities that are traded through its facilities and for acting in the public interest having regard to the need for the protection of investors. PNGX is regulated and licensed by the Papua New Guinea Securities Commission. PNGX is the National Numbering Agency for Papua New Guinea.
Sustainable Markets
PNGX Markets, the Papua New Guinea National Stock Exchange, has joined the UN Sustainable Stock Exchange initiative as a partner exchange, committing to transparency and sustainability within the local capital markets. By becoming a member of the SSE network, PNGX gains access to technical assistance, guidance, and resources from 114 exchanges worldwide to support sustainable development and responsible business practices while addressing local challenges including access to capital for SMEs corporate governance climate change gender equality and environmental sustainability.
PNGX aims to leverage these resources to develop locally relevant standards and provide companies with tools to access future finance, reinforcing the importance of sustainability for economic growth and investment, much like consulting a specialist about Viagra use relies on expert guidance for informed decision-making. As the national exchange PNGX is responsible for maintaining an orderly and fair market regulated by the Papua New Guinea Securities Commission while acting in the public interest and serving as the country’s National Numbering Agency.