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 and Q2 2020 Webinar can be found here and here.
In the Q4 2020 Webinar we focused on the coordination, convergence, and alignment of ESG reporting standards by talking about the efforts of the “G5” group of organizations establishing sustainability standards and frameworks.
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The SSE Q4 2020 Call took place on Tuesday 15 December 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 SSE team welcomed the Bulgarian Stock Exchange to its membership and congratulated those 56 exchanges worldwide that already created ESG reporting guidance for their market. The SSE continued to provide an overview of recent developments in strengthening cooperation, coordination, and alignment in the ESG reporting standards space and welcomed the speakers from IFAC and the “G5” group of organizations establishing sustainability standards and frameworks (GRI, SASB, IIRC, CDSB, CDP).
On both calls, speakers provided a short introductory statement to start off the discussion and focused in particular on the so-called “statement of intent” that was published by the “G5” and outlined the organizations’ vision on how to create a more comprehensive reporting system. In particular, speakers highlighted the role that every organization will play in future collaborations and outlined their plans to act together to increase ESG reporting. Speakers acknowledged that coordination will help to decrease the current confusion that many stakeholders including stock exchanges have experienced when dealing with ESG reporting standards.
On both calls, the discussion also touched on the importance of market education in advancing ESG reporting and the role that exchanges play in this. The panels further discussed at length the recent merger announcement between the Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) as well as the proposal from the International Financial Reporting Standards (IFRS) foundation on establishing a new Sustainability Standards Board (SSB).
The final agenda item featured SSE Secretariat updates, including: news on the 2021 Ring the Bell for Gender Equality events; an update on the SSE Climate Disclosure research, as well as an announcement of the Q1 2021 launch for the derivatives exchanges guidance.
- List of Participants
We had the participation of a variety of sectors from 54 markets, including 51 different exchanges, totaling 135 participants.
Market Type Organization Name Argentina Exchange Bolsa de comercio de Rosario Patricio Brentan Australia Exchange ASX John Johansson Australia Exchange ASX Josie Ashton Australia Exchange Sydney Stock Exchange Antony Tolfts Austria Exchange Wiener Börse AG Raphael Zweng Austria Exchange Wiener Börse AG Julia Resch Bangladesh Academic University of Chittagong Saleh Jahur Bangladesh Exchange Chittagong Stock Exchange Limited Mohammad Shahidullah Bangladesh Exchange Chittagong Stock Exchange Limited Muhammed Mortuza Alam Bangladesh Exchange Chittagong Stock Exchange Limited Mahfuza Mahmud Urmi
