Q1 2021 Quarterly Webinar: Gender Equality

11 Mar, 2021
Online

This is an invitation only event. For more information, please contact the SSE team.

The UN SSE Consultative Group Quarterly Calls allow Partner Exchanges, regulators, investors, issuers, and other key market stakeholders to share their experiences, hear from guest experts and contribute to the SSE’s work plan. Held quarterly, the SSE webinar is organized twice in one day to accommodate the many time zones of our partners.

The Q1 2021 webinar focused on:

  • A presentation of preliminary findings of new UN SSE research ranking stock exchanges by the gender balance of their issuers’ boards. 
  • Presentations by stock exchanges, financial service providers, and specialized organizations on their efforts to promote gender equality in companies.
  • Congratulations to all the stock exchanges participating in this year’s Ring the Bell for Gender Equality events linked to International Women’s Day. 

The SSE 2021 Q1 Call took place on 11 March 2021 at 09:00 and 16:00 Geneva Time.

 

This is an invitation-only event for members of the SSE Consultative Group. If you are interested in joining the SSE Consultative Group please contact us at info@SSEinitiative.org

Webinar Summary and Presentation

Summary – Call 2 

Sabina Mehmood (Bloomberg): The Gender Equality Index (GEI) is based on companies’ disclosure and data excellence performance score. There are 5 pillars which build the average data excellence performance score: female leadership & talent pipeline, equal pay& gender pay parity, inclusive culture, sexual harassment policies, pro-women brand. The aim of the index is firstly to provide information to the investment community. Secondly, to help companies to see where they stand and where they can improve. Sabina Mehmood observes that there is a trickle down effect; the more there are women on board, the more there are women in executive positions. Therefore, the efforts put in the diversity of board composition are relevant and should be pursued.

Laura Whitcomb (30% Club): 30% Club is a global campaign to increase women on boardrooms and executive management through voluntary practices, which started 11 years ago in England. The 30% Club aims to improve the pipeline of women in leading positions thanks to mentoring programs, such as the cross company mentoring program. The membership to the 30% Club is free.

Waithera Mwai-Ieri (Nairobi Securities Exchange): The NSE seeks to reach 30% of women on boards and is willing to get support from experts in the field. Currently, there is no mandatory law in Kenya, but in the meantime NSE promotes voluntary ways to guide companies to better sustainability practices. According to Waithera Mwai-Ieri future work should be done to reduce gender pay gap, flexibilize work organization, and to promote more women in CEO and chair positions. NSE recently joined the 30% Club and partners with the UN Women empowerment initiative.

Sara Lovisolo (Borsa Italiana): There is still a glass ceiling in Italy despite the good ranking of Borsa Italiana. Most women in the board have independent positions so they do not come from the inside. Sara Lovisolo also underlines that there is especially a low participation of women in the market and in politics. To bring more women to the top, Borsa Italiana issues corporate guidelines and partners with a leading gender diversity membership organization which develops capacity building training. Once expired, there will not be a mandatory quota of one third in Italy. However, the Corporate Governance Code of Borsa Italiana is aligned with the quota and is currently adopted by most of the listed companies with a “comply or explain” rule.

Loty Salazar (IFC): The program Women on Board and In Business Leadership project started 3 years ago. IFC works on gender mainstreaming, leadership training and on developing training and capacity building programs to create more opportunities for women. IFC not only partners with regional actors, but also with global and local actors. Loty Salazar insists on the momentum for all actors of the investment community (companies, regulators, etc.) to join efforts in order to promote sustainability and inclusiveness.

List of Participants

We had the participation of a variety of sectors from 48 markets, including 53 different exchanges, totaling 136 participants.

MarketOrganization TypeName
ArgentinaBolsa de comercio de RosarioExchangePatricio Brentan
AustraliaASXExchangeJohn Johansson
AustraliaASXExchangeJosie Ashton
AustraliaSydney Stock ExchangeExchangeAntony Tolfts
AustriaVienna Stock ExchangeExchangeRaphael Zweng
AustriaVienna Stock ExchangeExchangeJulia Resch
BangladeshChittagong Stock Exchange Ltd.ExchangeMohammad Shahidullah
BangladeshChittagong Stock Exchange Ltd.ExchangeMuhammed Mortuza Alam
BangladeshChittagong Stock Exchange Ltd.ExchangeMahfuza Mahmud Urmi
BangladeshChittagong Stock Exchange Ltd.ExchangeMaksud ur Rahman
BangladeshDhaka Stock Exchange LimitedExchangeMd Sahadat Hossain
BangladeshUniversity of ChittagongAcademicSaleh Jahur
BelgiumEuronextExchangeAnne Sophie Pijcke-Lefebvre
BrazilB3ExchangeGleice Donini
BrazilB3ExchangeLuiza Junqueira
BrazilComissão de Valores Mobiliários - CVMRegulator Claudio Maes
BulgariaBulgarian Stock ExchangeExchangeMiglena Dimitrova
CanadaAlberta Investment Management Corporation InvestorAlison Schneider
CanadaBCIInvestorJennifer Coulson
CanadaNeo Exchange Inc.ExchangeDmitri Smidovich
CanadaTMX GroupExchangeAndrew Hall
CanadaUniversity of Montreal, Pension PlanAcademicIoana Circo
ChileHPL.LLCCorporationmaria teresa grez
Chile Santiago ExchangeExchangeSolange Poli
ChinaShenzhen Stock ExchangeExchangeFiona Wan
ChinaShenzhen stock exchangeExchangeYe SUN
Costa RicaBolsa Nacional de Valores de Costa RicaExchangeTania Navarro
Costa RicaBolsa Nacional de Valores de Costa RicaExchangeJose Brenes
Costa RicaBolsa Nacional de Valores de Costa RicaExchangeMaria Brenes
Czech RepublicPrague Stock ExchangeExchangeKateřina Benešová
Czech RepublicPrague Stock ExchangeExchangeLuboš Mazanec
DenmarkCopenhagen Business School AcademicNiina Hakala
EspañaBMEExchangeOscar Moya
FranceSASBCivil Society Simon Messenger
GermanyClimate Disclosure Standards BoardCivil Society Michael Zimonyi
GermanyDeutsche Börse AGExchangeDaniel Sonnenburg
Hong KongHKEXExchangeAndy Lau
Hong KongHKEXExchangeVivian Woo
Hong KongSecurities and Futures Commission - Hong KongRegulator Christine Kung
Hong KongSecurities and Futures Commission - Hong KongRegulator Elaine Ng
Hong KongSecurities and Futures Commission - Hong KongRegulator Grace Wong
Hong Kong HKEX ExchangeKelly Lee
HungaryBudapest Stock ExchangeExchangeBalazs Bozsik
HungaryBudapest Stock ExchangeExchangeRita Szalay
IndiaBSE LtdExchangeMangesh Tayde
IndiaNational Stock Exchange of India LimitedExchangeavishkar naik
India BSE LtdExchangeBharti Bhambwani
ItalyEnelCorporationGonzalo Juarez de la Rasilla
ItalyEnelCorporationPaola Lischio
ItalyEnel CorporationElisa Pizzuti
ItalyLondon Stock Exchange Group - LSEGExchangeSara Lovisolo
JamaicaEnvironmental Solutions LimitedCorporationEleanor Jones
JamaicaJamaica Stock ExchangeExchangeTahjmani Rose
JordanAmman Stock Exchange - ASEExchangeDr. Rasha Dayyat
JordanAmman Stock Exchange - ASEExchangeFadi Sodah
KazakhstanKazakhstan Stock Exchange - KASEExchangeAinagul Iskakova
KazakhstanKazakhstan Stock Exchange - KASEExchangeNazgul Alibayeva
KazakhstanKazakhstan Stock Exchange - KASEExchangeZhandos Rakhimov
KazakhstanKazakhstan Stock Exchange - KASEExchangeTemirlan Nikhambayev
LebanonArab Federation of ExchangesExchangeRami El Dokany
LuxembourgLUXSEExchangechiara caprioli
MalaysiaBursa MalaysiaExchangeEmilia Tee
MalaysiaBursa MalaysiaExchangeSharlene Boey
MalaysiaBursa MalaysiaExchangeMei Kim San
MexicoBIVAExchangeDiana Islas
MexicoGreen Finance Advisory BoardCivil Society Alba Aguilar
MexicoMexican Stock Exchange GroupExchangeNalleli Barajas
MexicoMEXICO2InvestorAguilar Priego
NamibiaNamibian Stock ExchangeExchangejohene saal
NetherlandsGlobal Reporting InitiativeCivil Society Bastian Buck
NetherlandsKempen Capital ManagementInvestorEszter Vitorino
New Zealand NZX LimitedExchangeJulia Jones
NigeriaThe Nigerian Stock ExchangeExchangeOlutobi Onajin
NigeriaThe Nigerian Stock ExchangeExchangeOnajin Olutobi
NorwayOslo BørsExchangeElisabeth Dyvik
PakistanACCACivil Society arif mirza
PanamaBolsa de Valores de Panamá (Panama Stock Exchange)ExchangeOlga Cantillo
PanamaIDB InvestInvestorSusana del Granado
PhilippinesThe Philippine Stock Exchange, Inc.ExchangeMatthias Gelber
PhilippinesThe Philippine Stock Exchange, Inc.ExchangeBrigette Bantayan
PolandWarsaw Stock ExchangeExchangeTomasz Wisniewski
PortugalHPL.LLCCorporationYvonne Vogt
QatarQatar Stock ExchangeExchangeColin Milton
Republic of Korea - SeoulKorea ExchangeExchangeDeoghoon Hwang
Republic of Korea - SeoulKorea ExchangeExchangeJae Suk Yun
RussiaMoscow ExchangeExchangeAnton Zhigalov
RwandaRwanda Stock ExchangeExchangeAlice IRIBAGIZA
Saudi ArabiaSaudi Stock Exchange TadawulExchangeahmed sager
SerbiaBelgrade Stock ExchangeExchangeMarija Babic
SingaporeSGXExchangeHannah Foo
SingaporeSingapore Exchange RegCoRegulator Andrea Yap
SingaporeSingapore Exchange RegCoRegulator Michael Tang
SwedenöhmanInvestorfredric nyström
SwitzerlandRichemontCorporationmatthew kilgarriff
SwitzerlandUN SSEInternational Org.Lisa Remke
Switzerland Lombard OdierCorporationNicolas Barben
Switzerland UN SSEInternational Org.Rita Schmutz
ThailandSecurities and Exchange Commission - ThailandRegulator Budsakorn Buapurk
ThailandSecurities and Exchange Commission - ThailandRegulator Jantakarn Pangutha
ThailandSecurities and Exchange Commission - ThailandRegulator Tutchpong Amatyakul
ThailandSecurities and Exchange Commission - ThailandRegulator Fonthip Yuthaseree
ThailandSecurities and Exchange Commission - ThailandRegulator Parnward Banternghansa
The NetherlandsCDPCivil Society Pietro Bertazzi
TurkeyBorsa IstanbulExchangeONUR SAR
TurkeyCapital Markets Board of TurkeyRegulator Secil Sayin Kutluca
TurkeyEMRIInvestorcenk goksan
TurkeySabancı UniversityAcademicMelsa Ararat
United Arab EmiratesDubai Financial Market ExchangeShyrose Osman
United KingdomAviva InvestorsInvestorThomas Tayler
United KingdomBloomberg LPCorporationSallianne Taylor
United KingdomCboe Global MarketsCorporationKyle Edwards
United KingdomEuropean Bank for Reconstruction and Development - EBRDInternational Org.Kate Galvin
United KingdomEuropean Bank for Reconstruction and Development - EBRDInternational Org.Robert Adamczyk
United KingdomFinancial Conduct Authority - FCARegulator Elizabeth Kocovska
United KingdomFinancial Conduct Authority - FCARegulator Thorben Heidrich
United KingdomHM TreasuryTreasuryStuart Cox
United KingdomInternational Integrated Reporting CouncilCivil Society Jonathan Labrey
United KingdomLondon Stock Exchange Group - LSEGExchangeANTONELLA AMADEI
United KingdomLondon Stock Exchange Group - LSEGExchangeJulian Faber
United KingdomNorth East Scotland Pension FundInvestorCaroline Mann
United KingdomSustainability Advisory Services Ltd.CorporationDariusz Prasek
United KingdomWorld Federation of ExchangesExchangeMushtaq Ahmed
United KingdomWorld Federation of ExchangesExchangePedro Gurrola-Perez
United StatesCboe Global MarketsCorporationNicole Gordon
United StatesCeresCivil Society Jim Coburn
United StatesHPL.LLCCorporationIsabel Montojo
United StatesImpax Asset Management LLCInvestorJulie Gorte
United StatesIntercontinental Exchange - ICEExchangeBrookly McLaughlin
United StatesInternational Federation of Accountants - IFACCivil Society scott hanson
United StatesInternational Finance Corporation - IFCInternational Org.Jean-Marie Masse
United StatesInternational Finance Corporation - IFCInternational Org.Ralitza Germanova
United StatesInternational Finance Corporation - IFCInternational Org.Ralitza Germanova
United StatesSustainability Accounting Standards Board - SASBCivil Society Katie Schmitz Eulitt
United StatesSustainability Accounting Standards Board - SASBCivil Society Sonal Dalal
United StatesUN Global CompactInternational Org.Howard Li
ZimbabweZimbabwe Stock ExchangeExchangeAnymore Taruvinga

Speakers

  • Shameela Soobramoney
    Chief Sustainability Officer
    JSE
  • Sara Lovisolo
    Group Sustainability Manager
    Borsa Italiana
  • Waithera Mwai-Ireri
    Senior Manager, Corporate Affairs
    NSE
  • Laura Whitcombe
    Campaign co-ordinator & spokesperson
    30% Club
  • Loty R. Salazar
    Lead, IFC's Women on Boards & in Business Leadership Program
    IFC
  • Elizabeth Johnstone
    Chair of the Corporate Governance Council
    ASX
  • Patricia Torres
    Global Head of Sustainable Finance Solutions
    Bloomberg LP
  • Sabina Mehmood
    Product Manager, Bloomberg Gender-Equality Index
    Bloomberg LP
  • Jan Volkmann
    Head of Talent Attraction & Development
    Deutsche Börse

Moderator

  • Lisa Remke
    Deputy Coordinator, UN SSE
    UNCTAD

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.