BSE India Ltd. (Bombay Stock Exchange)
Number of listed companies
Domestic market capitalization
2,373,884 million US$
SSE Partner Exchange
Has annual sustainability report
ESG reporting required as a listing rule
- Dependent on size of company. (Source)
Has written guidance on ESG reporting
- BSE (2018) Guidance Document on ESG Disclosures
- BSE signed Memorandum of Understanding with GRI for creating awareness amongst companies and investors regarding ESG Disclosures
BSE - Carbon Disclosure Project (CDP) initiative. BSE signed Memorandum of Understanding with CDP India to jointly carry out activities for creating awareness about filing sustainability data / Environment, Social and Governance (ESG) data with CDP. CDP India is actively in touch with Top 200 (BSE-200 constituents) companies to encourage them to report non financial data. The data received from CDP will be used for the calculations of S&P BSE Carbonex.
- Business Responsibility Report is mandatory for to 500 listed companies as per Market Capitalisation. BSE being a listed company and one the Top 500 Companies will be filing Business Responsibility Reporting every quarter.
Offers ESG related training
- BSE is organising workshops for corporates and investors with Global as well as Indian partners to provide traing in the area of ESG.
Market covered by sustainability-related index
- S&P BSE CARBONEX,
- S&P BSE 100 ESG
- S&P BSE GREENEX
Has sustainability bond listing segment
- The Bombay Stock Exchange (BSE)’s international arm, India International Exchange (India INX), announced in 2019 its exclusive green listing and trading platform called Global Securities Market (GSM). GSM Green will serve as a platform for fundraising and trading green, social, and sustainable bonds exclusively. Source
Has SME listing platform
- BSE SME, since 2012
- BSE is a member of WFE Sustainability Working Group
Organizational model of stock exchange
- Demutualized for profit; demutualized in 2005
Strong Exchange Self-Regulatory Organization (SRO) Model
- SEBI has the ability to install laws and regulations that dictate the operations of the stock markets in India. However, the Bombay Stock Exchange still possesses significant regulatory powers. For instance, the exchange can install its own listing requirements, such as the requirement for company's of a certain size to disclose a CSR report, and it possesses its own market and member regulation responsibilities.
About the stock exchange
Location: Mumbai, India
- Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first Stock Exchange and one of India’s leading exchange groups. Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse was established as "The Native Share & Stock Brokers' Association" in 1875. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). More than 5000 companies are listed on BSE making it world's No. 1 exchange in terms of listed members. The companies listed on BSE Ltd command a total market capitalization of USD 2.37 Trillion as of December 2017. (Source)
|Ownership of Exchange (Shares >4% only)||Share|
|Deutsche Börse AG||5.00%|