(22 October 2018) The Quito Stock Exchange joined the Sustainable Stock Exchanges (SSE) initiative by signing a commitment letter to promote sustainable and transparent capital markets. The SSE initiative was launched by then Secretary General of the United Nations, Ban Ki-moon, in 2009, and is organized by UNCTAD, the UN Global Compact, UNEP-FI and the PRI. The Quito exchange is the 79th SSE Partner Exchange.
“The Quito Stock Exchange is proud to become a member of the Sustainable Stock Exchanges initiative. QSE is committed to supporting the Sustainable Development Goals (SDG) in recognition of the significant role that Exchanges play in promoting responsible investment and sustainable finance through capital markets”, said Paul McEvoy, CEO of the Quito Stock Exchange.
The QSE is a member of the United Nations Global Compact and has been working to promote the Objectives for Sustainable Investment. Within the local financial system, it has developed a Green Bonds product and has supported educational initiatives relating to Environment, Social Responsibility and Governance.
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.