Q2 2020 Quarterly Webinar

27 May, 2020
Geneva, Switzerland

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 and to contribute to the SSE’s work plan. More information on the Q1 2020 Webinar can be found here

The Q2 2020 Webinar was focused on stock exchange responses to the pandemic and the emergence of COVID-19 bonds. We had speakers from London Stock Exchange, Luxembourg Stock Exchange, the IFC and others. 

If you are interested in joining the SSE Consultative Group please contact us at info@SSEinitiative.org

The SSE 2020 Q2 Call took place on Wednesday 27 May 2020 at 09:00 and 16:00 Geneva Time.

 

Webinar Summary and Presentation

Summary

Opening remarks and an overview of the agenda were provided by the SSE. The speakers for the webinar were welcomed and the SSE began with a brief presentation on COVID-19 response bonds, highlighting how they have boosted the issuance of social and sustainability bonds. The presentation looked at some examples of issuers and use of proceeds, and how various social and sustainability bond frameworks have been used by issuers. 

Presentations from the London Stock Exchange and the Luxembourg Stock Exchange (Luxembourg Green Exchange) outlined how the exchanges have supported issuers, provided an overview of the social bond markets as well as in-depth examples of some COVID-19 social and sustainability bonds, and looked at the role that blended finance, green investment and social and sustainability bonds will play in a sustainable recovery. The presentation from IFC’s explored the ICMA Social Bond Principles and the IFC’s experience as a social bond issuer. 

On both calls, there was a Q&A after the presentations. A popular topic for questions was the labeling and verification of social and COVID-19 bonds, with participants asking whether exchanges accepted non-labeled bonds, whether social bonds command a premium, and how the use of proceeds of social bonds are verified. Other questions related to the secondary market for social bonds and comparisons between the ratings, prices, and conditions for issuing social versus conventional bonds.  

The final agenda item featured SSE Secretariat updates, including: news on the 2020 Ring the Bell for Gender Equality events which featured participation by 73 exchanges despite the circumstances of the pandemic; upcoming research on derivatives markets and the carbon intensity of markets; and a reminder that the SSE Global Dialogue is scheduled to take place on 7 December 2020 in Abu Dhabi, circumstances of the pandemic permitting.

 

List of Participants

We had the participation of a variety of sectors from 50 markets, including 45 different exchanges, totaling 109 participants. 

 

 

 

MARKETTYPEORGANIZATION NAME
ArgentinaExchangeBolsa de Comercio de RosarioMaría Laura Rodriguez de Sanctis
ArgentinaExchangeBolsa de Comercio de RosarioPatricio Brentan
ArgentinaExchangeBolsas y Mercados Argentinos Julieta Artal
ArmeniaExchangeFederation of Euro-Asian Stock ExchangesArmenuhy Hovakimyan
AustraliaExchangeSydney Stock ExchangeAntony Tolfts
AustriaExchangeWiener BörseJulia Resch
BangladeshExchangeChittagong Stock ExchangeMohammad Shahidullah
BangladeshExchangeChittagong Stock ExchangeMaksudur Rahman
BangladeshExchangeDhaka Stock ExchangeShaifur Rahman Mazumdar
BelgiumInvestorCandriam Sophie Deleuze
BelgiumExchangeEuronextAnne Sophie Pijcke
BrazilExchangeB3Luiza Junqueira
BrazilRegulatorBrazilian Securities and Exchange Commission (CVM) José Vasco
BrazilRegulatorBrazilian Securities and Exchange Commission (CVM) Claudio Maes
CanadaCorporationAlberta Investment Management CorporationCarmen Velasquez
CanadaInvestorAlberta Investment Management CorporationAlison Schneider
CanadaInvestorBritish Columbia Investment Management CorporationJennifer Coulson
CanadaExchangeTMX Group Inc.Andrew Hall
CanadaAcademicUniversity of MontrealIoana Circo
ChileExchangeBolsa de Comercio de SantiagoMaria Timmermann
ChileExchangeBolsa de Comercio de SantiagoSolange Poli
China ExchangeShenzhen Stock ExchangeYe SUN
China ExchangeShenzhen Stock ExchangeYang LIU
China; Hong KongExchangeHong Kong Exchanges and ClearingVivian Woo
China; Hong KongExchangeHong Kong Exchanges and ClearingGrace Hui
China; Hong KongExchangeHong Kong Exchanges and ClearingAndy Lau
Costa RicaExchangeBolsa Nacional de ValoresTania Navarro
Costa RicaExchangeBolsa Nacional de ValoresMaria Brenes
Czech RepublicExchangePrague Stock ExchangeLuboš Mazanec
EcuadorExchangeQuito Stock ExchangeAndrea Alvarez
EgyptExchangeEgyptian ExchangeAhmed Rushdy
GermanyCivil Society Climate Disclosure Standards BoardMichael Zimonyi
IndiaExchangeBombay Stock ExchangeGirish Joshi
InternationalInternational Org.International Finance CorporationStefanus S. Handoyo
Italy CorporationEnel Elisa Pizzuti
Italy ExchangeLondon Stock Exchange Sara Lovisolo
JapanExchangeJapan Exchange GroupMitsuo Miwa
JapanExchangeJapan Exchange GroupNatsuho Torii
JordanExchangeAmman Stock ExchangeRasha Dayyat
KazakhstanExchangeKazakhstan Stock ExchangeDauren Dosbayev
KazakhstanExchangeKazakhstan Stock ExchangeAinagul Iskakova
LuxembourgExchangeLuxembourg Stock ExchangePaula Redondo Periera
LuxembourgExchangeLuxembourg Stock ExchangeChiara Caprioli
LuxembourgExchangeLuxembourg Stock ExchangeBenoit Pauly
LuxembourgExchangeLuxembourg Stock ExchangeJulie Becker
LuxembourgExchangeLuxembourg Stock ExchangePaul Chahine
MalaysiaExchangeBursa MalaysiaMolly Chong
MalaysiaExchangeBursa MalaysiaSharlene Boey
MalaysiaExchangeBursa MalaysiaEmilia Tee
MalaysiaExchangeBursa MalaysiaDinagaran Chandra
MalaysiaRegulatorSecurities Commission MalaysiaAzreen Zainal
MalaysiaRegulatorSecurities Commission MalaysiaNadira Awang
MalaysiaRegulatorSecurities Commission MalaysiaFazlur Musaddik
MexicoExchangeBolsa institucional de valores (BIVA)Diana Islas
MexicoExchangeBolsa Mexicana de Valores Alba Aguilar
MoroccoRegulatorMoroccan Capital Market Authority (AMMC)Maria Ismaili
NamibiaExchangeNamibian Stock ExchangeJohene Saal
NetherlandsInvestorKempenEszter Vitorino
NigeriaExchangeFMDQ GroupKelechi Onwumere
NigeriaExchangeNigerian Stock ExchangeOscar Nduka Onyema
NigeriaExchangeNigerian Stock ExchangeOlumide Orojimi
NigeriaExchangeNigerian Stock ExchangeOlutobi Onajin
NorwayExchangeOslo BørsElisabeth Dyvik
PanamaCorporationCentral Latinoamericana de Valores, S.A. (LATIN CLEAR)Thamara Plata
PeruExchangeBolsa de Valores de LimaMiguel Zapatero
PeruExchangeBolsa de Valores de LimaMariella Cordova
PeruExchangeBolsa de Valores de LimaPaloma Vega
PhilippinesExchangePhilippine Stock ExchangeBrigette Bantayan
Poland ExchangeWarsaw Stock ExchangeTomasz Karol Wisniewski
QatarExchangeQatar Stock ExchangeColin Milton
Republic of KoreaExchangeKorea ExchangeJihyun KIM
Republic of KoreaExchangeKorea ExchangeDeoghoon Hwang
Russian FederationExchangeMoscow ExchangeMaria Kharlashkina
RwandaExchangeRwanda Stock ExchangeAlice Iribagiza
Saudi ArabiaCivil SocietyKing Khalid FoundationNatasha Matic
SerbiaExchangeBelgrade Stock ExchangeMarija Babic
SerbiaExchangeBelgrade Stock ExchangeMiroljub Ristic
SingaporeExchangeSingapore ExchangeHwee Hong Eliza Tan
SingaporeExchangeSingapore ExchangeYong An Michael Tang
SomaliaExchangeSomali Stock ExchangeSaid Abdi
South AfricaExchangeJohannesburg Stock ExchangeShameela Soobraomoney
SwitzerlandCorporationCompagnie Financière RichemontMatthew Kilgarriff
SwitzerlandInvestorLombard Odier Investment ManagersNicolas Barben
ThailandRegulatorSecurities and Exchange CommissionJantakarn Pangutha
TurkeyRegulatorCapital Markets Board of TurkeySeçil Sayın Kutluca
TurkeyCorporationEmerging Markets for Responsible InvestingAhmet Goksan
TurkeyAcademicSabancı UniversityMelsa Ararat
United Arab EmiratesExchangeDubai Financial MarketShyros Osman
United KingdomCorporationBloomberg L.P.Sallianne Taylor
United KingdomExchangeCboe Global MarketsKyle Edwards
United KingdomExchangeCboe Global MarketsNicole Gordon
United KingdomInvestorGreater Pacific CapitalKetan Patel
United KingdomInternational Org.International Finance CorporationLaura Stirling
United KingdomInternational Org.International Finance CorporationElena Panomarenko
United KingdomExchangeLondon Stock Exchange David Harris
United KingdomInvestorNorth East Scotland Pension FundCaroline Mann
United StatesCivil SocietyCeresJim Coburn
United StatesCorporationConscious CapitalLawrence Ford
United StatesCorporationDeloitteKristen Sullivan
United StatesInvestorImpax Asset Management LLCJulie Gorte
United StatesInternational Org.International Finance CorporationRalitza Germanova
United StatesInternational Org.International Finance CorporationE Denise Odaro
United StatesCorporationMolinari MediaVince Molinari
United StatesExchangeNew York Stock Exchange / Intercontinental ExchangeBrookly McLaughlin
United StatesInternational Org.UNCTADRaymond Landveld
United StatesInternational Org.United Nations (UNCTAD)Chantal Line Carpentier
United StatesInternational Org.United Nations Global Compact Howard Li
VietnamExchangeHanoi Stock ExchangeKien Tram
VietnamExchangeHanoi Stock ExchangePhuong Loan Nguyen

Speakers

  • Sara Lovisolo
    Group Sustainability Manager
    London Stock Exchange
  • David Harris
    Group Head of Sustainable Business
    London Stock Exchange
  • Paul Chahine
    Sustainability Research Manager
    Luxembourg Stock Exchange
  • Elena Panomarenko
    Senior Financial Officer
    International Finance Corporation
  • Esohe Denise Odaro
    Head of Investor Relations
    International Finance Corporation

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.