(15 October 2018) The Mongol Securities Exchange (MSX), a privately owned stock exchange in Mongolia, has made a public commitment to promoting sustainable and transparent capital markets in their country by partnering with the United Nations Sustainable Stock Exchanges (SSE) initiative. MSX is the second Mongolian stock exchange to partner with the SSE.
“We are delighted to become an SSE partner exchange. Sustainable development issues have been at the core of our requirements for companies, especially mining and infrastructure companies. We are committed to having better disclosure and corporate governance through dialogue with investors, companies and regulators. We look forward to share our experience with fellow SSE partner exchanges and to contribute towards sustainable development in the Mongolian capital market,” said Mr. Erdenebat Jadamba, CEO of the Mongol Securities Exchange.
The MSX joins 78 other stock exchanges that have partnered with the UN SSE initiative to promote sustainability in their markets. The SSE works with stock exchanges worldwide on key sustainable development topics, including environmental, social and governance disclosure, green finance, capital market regulatory activities, gender equality and SME growth.
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.