This is an invitation only event. For more information, please contact the SSE team.
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 took 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:
- Sectoral Pathways To Net Zero Emissions
- The Oxford Principles for Net Zero Aligned Carbon Offsetting
- Foundations for Science-based Net-zero Target Setting in the Corporate Sector
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
- Net Zero – SSE Q3 Webinar 2021
- Glasgow Financial Alliance for Net Zero (GFANZ)
- Race to Zero – UNEP FI
We had the participation of a variety of sectors from 38 markets, totaling 76 participants. List of Participants
Market Name Organization
Armenia Armenuhy Hovakimyan FEAS
Australia Josie Ashton ASX
Australia Nan Wang -
Australia Antony Tolfts SSX
Azerbaijan Nizami Pashayev BSE
Azerbaijan Emil Babayev BSE
Azerbaijan Farid Abbaszada BSE
Bangladesh Mohammad Shahidullah CSE
Belgium Anne Sophie Pijcke-Lefebvre EURONEXT
Canada Ioana Circo University of Montreal
China Yinghui Chen Shenzhen Stock Exchange
China Yahao CHENG Shenzhen Stock Exchange
Costa Rica Maria Brenes Bolsa Nacional de Valores de Costa Rica
Costa Rica Tania Navarro Bolsa Nacional de Valores de Costa Rica
Croatia Ivana Kecerin ZSE
Croatia Tajana Labudović HANFA Croatia
Egypt Ahmed Salman EGX
France Gerardo Arguello Nicaragua Stock Exchange
Germany Michael Zimonyi CDSB
Germany Daniel Sonnenburg Deutsche Börse
Ghana Diana Okine GSE
Hong Kong SAR Andy Lau HKEX
Hong Kong SAR Vivian Woo HKEX
Hong Kong SAR Grace Hui Hkex
India Palak Kshatriya -
Indonesia Ignatius Denny IDX
Indonesia Siti Maratus Rahimatin IDX
Indonesia Puspita Pratiwi IDX
Italy Sara Lovisolo Borsa Italiana
Japan Natsuho Torii JPX
Japan Anna Hill JPX
Japan Satoko Yamazaki JPX
Kenya Jesica Andrews UN
Kuwait Sara Abdul Samad Boursa Kuwait
Luxembourg CCA LuxSE
Luxembourg Chiara Caprioli LuxSE
Malaysia Mei Kim San Bursa Malaysia
Malaysia Emilia Tee Bursa Malaysia
Malaysia Dinagaran Chandra Bursa Malaysia
Mexico Luis René Ramón Grupo BMV
Mexico Nalleli Barajas Grupo BMV
Mexico Rafael Vázquez Grupo BMV
Namibia Johene Saal NSX
Netherlands Secil Sayin Kutluca Capital Markets Board Turkey
New Zealand Lara Robertson NZX
Nigeria Samuel Olufowose -
Philippines Brigette Bantayan PSE
Poland Tomasz Wisniewski GPW
Portugal Paula Pereira LuxSE
Republic of Korea Min Suk Lee KRX
Saudi Arabia Ziad Almubarak Saudi Exchange
Saudi Arabia Abdulmohsin Alhozimi Saudi Exchange
Singapore Lian Sim Yeo SGX
Singapore Timothy Tan SGX
Singapore Yik Boh Ting SEC Malaysia
Singapore Michael Tang SGX
Singapore Herry Cho SGX
South Africa Thato Seritili JSE
Switzerland Matthew Kilgarriff Richemont
Switzerland Rita Schmutz SSE
Tanzania Moremi Marwa DSE
Thailand Sujaree Jitrahatchai -
Thailand Sasanee Lovisuth SEC
Thailand Chuti Hanthanakul SEC Thailand
United Kingdom Fiona Quinlan CDSB
United Kingdom Sana Awan WFE
United Kingdom Charlotte Zhou CDSB
United Kingdom Tomas Carruthers Project Heather
United Kingdom Robert Adamczyk EBRD
United Kingdom David Harris LSEG
United Kingdom Eileen Wang HM treasury
United Kingdom Meryam Omi HM treasury
United States Araceli Basurto Matba Rofex
United States Brian Matt NYSE
United States Brookly McLaughlin The ICE
United States Nicole Gordon CBOE
Moderator
- Anthony MillerCoordinator, UN SSE initiativeUNCTAD
Speakers
- Herry ChoHead of Sustainability and Sustainable FinanceSGX
- David HarrisGlobal Head of Sustainable Finance, Data & AnalyticsLSEG
- Timothy TanSenior Associate - Sustainability and Sustainable FinanceSGX
- Claire DorrianHead of Sustainable Finance, Capital MarketsLSEG
- Jesica AndrewsSenior Project ManagerUNEP FI
- Meryam OmiHead of Sustainability and Responsible Investment StrategyCOP26 High Level Champions
- Eileen WangHead of Engagement Net Zero TeamHM Treasury
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.