Q3 2021 Quarterly Webinar: Net-zero Transition

8 Sep, 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.

Climate change has been a key topic on the international agenda for decades – but the recent IPCC report makes it clear that urgent action is needed for us to meet the targets set in the Paris agreement.

To organize the action, many networks have been created to assist industry and non-industry actors to commit to a net-zero transition. To specifically engage the world of finance, alliances such as the Net Zero Asset Manager Initiative or the Net-Zero Banking Alliance have been launched. In the run-up to the next UN Climate Change Conference (COP 26) in Glasgow, the push for net-zero commitments from the financial sector will grow even more.

During the Q3 webinar, we will discuss what this movement means for exchanges, what kind of initiatives could be relevant to exchanges to meet the above-mentioned net zero challenge and how SSE members can get involved and prepared now.

The SSE 2021 Q3 Call will take place on 8 September 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

 

Summary and Presentation

Opening remarks and an overview of the agenda were provided by the SSE. The SSE team welcomed four new partner exchanges: Honduras Stock Exchange – Bolsa Centroamericana de Valores (BCV), Iran Fara Bourse Securities Exchange, Kyrgyz Stock Exchange, and Royal Securities Exchange of Bhutan (RSEB). There are now 108 SSE Partner Exchanges.

UNEP FI speaker, Jesica Andrews, explained what is the Race to Zero (RtZ), and mentioned how many organizations are involved. She also explained RtZ partner initiatives and how a business can join one of them. More details are in the slides below. She also indicated three useful resources to know more about the RtZ: 

We also had the participation of Meryam Omi and Eileen Wang giving more details on Glasgow Financial Alliance for Net Zero (GFANZ) and COP26. They explained that GFANZ has the objective of broadening Race to Zero’s existing finance sector campaign, raise ambitions, coordinate commitments, support technical collaboration, and showcasing the collective efforts and achievements of the sector.

In both calls, we had speakers from London Stock Exchange Group (LSEG) and Singapore Exchange (SGX) sharing their experiences as the first exchanges committed to net-zero. Exchanges should focus on appropriate goals and increase the engagement to net zero in their markets. 

Slides

 

List of Participants

We had the participation of a variety of sectors from 38 markets, totaling 76 participants.

 

MarketNameOrganization
ArmeniaArmenuhy HovakimyanFEAS
AustraliaJosie AshtonASX
AustraliaNan Wang-
AustraliaAntony TolftsSSX
AzerbaijanNizami PashayevBSE
AzerbaijanEmil BabayevBSE
AzerbaijanFarid AbbaszadaBSE
BangladeshMohammad ShahidullahCSE
BelgiumAnne Sophie Pijcke-LefebvreEURONEXT
CanadaIoana CircoUniversity of Montreal
ChinaYinghui ChenShenzhen Stock Exchange
ChinaYahao CHENGShenzhen Stock Exchange
Costa RicaMaria BrenesBolsa Nacional de Valores de Costa Rica
Costa RicaTania NavarroBolsa Nacional de Valores de Costa Rica
CroatiaIvana KecerinZSE
CroatiaTajana LabudovićHANFA Croatia
EgyptAhmed SalmanEGX
FranceGerardo ArguelloNicaragua Stock Exchange
GermanyMichael ZimonyiCDSB
GermanyDaniel SonnenburgDeutsche Börse
GhanaDiana OkineGSE
Hong Kong SARAndy LauHKEX
Hong Kong SARVivian WooHKEX
Hong Kong SARGrace HuiHkex
IndiaPalak Kshatriya-
IndonesiaIgnatius DennyIDX
IndonesiaSiti Maratus RahimatinIDX
IndonesiaPuspita PratiwiIDX
ItalySara LovisoloBorsa Italiana
JapanNatsuho ToriiJPX
JapanAnna HillJPX
JapanSatoko YamazakiJPX
KenyaJesica AndrewsUN
KuwaitSara Abdul SamadBoursa Kuwait
LuxembourgCCALuxSE
LuxembourgChiara CaprioliLuxSE
MalaysiaMei Kim SanBursa Malaysia
MalaysiaEmilia TeeBursa Malaysia
MalaysiaDinagaran ChandraBursa Malaysia
MexicoLuis René RamónGrupo BMV
MexicoNalleli BarajasGrupo BMV
MexicoRafael VázquezGrupo BMV
NamibiaJohene SaalNSX
NetherlandsSecil Sayin KutlucaCapital Markets Board Turkey
New ZealandLara RobertsonNZX
NigeriaSamuel Olufowose-
PhilippinesBrigette BantayanPSE
PolandTomasz WisniewskiGPW
PortugalPaula PereiraLuxSE
Republic of KoreaMin Suk LeeKRX
Saudi ArabiaZiad AlmubarakSaudi Exchange
Saudi ArabiaAbdulmohsin AlhozimiSaudi Exchange
SingaporeLian Sim YeoSGX
SingaporeTimothy TanSGX
SingaporeYik Boh TingSEC Malaysia
SingaporeMichael TangSGX
SingaporeHerry ChoSGX
South AfricaThato SeritiliJSE
SwitzerlandMatthew KilgarriffRichemont
SwitzerlandRita SchmutzSSE
TanzaniaMoremi MarwaDSE
ThailandSujaree Jitrahatchai-
ThailandSasanee LovisuthSEC
ThailandChuti HanthanakulSEC Thailand
United KingdomFiona QuinlanCDSB
United KingdomSana AwanWFE
United KingdomCharlotte ZhouCDSB
United KingdomTomas CarruthersProject Heather
United KingdomRobert AdamczykEBRD
United KingdomDavid HarrisLSEG
United KingdomEileen WangHM treasury
United KingdomMeryam OmiHM treasury
United StatesAraceli BasurtoMatba Rofex
United StatesBrian MattNYSE
United StatesBrookly McLaughlinThe ICE
United StatesNicole GordonCBOE

Speakers

  • Herry Cho
    Head of Sustainability and Sustainable Finance
    SGX
  • David Harris
    Global Head of Sustainable Finance, Data & Analytics
    LSEG
  • Claire Dorrian
    Head of Sustainable Finance, Capital Markets
    LSEG
  • Jesica Andrews
    Senior Project Manager
    UNEP FI
  • Meryam Omi
    Head of Sustainability and Responsible Investment Strategy
    COP26 High Level Champions
  • Eileen Wang
    Head of Engagement Net Zero Team
    HM Treasury
  • Timothy Tan
    Senior Associate - Sustainability and Sustainable Finance
    SGX

Moderator

  • Anthony Miller
    Coordinator, UN SSE initiative
    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.