For more information, please contact the SSE team.
Officials from B3 (Brazil), the Mexican Stock Exchange (BVM) and the Santiago Stock Exchange (BCS) joined the BVC in devising strategies to leverage key external partners as well as each other in advancing their own commitments to actions to promote corporate sustainability in their markets. A rich exchange of ideas, best practices, and challenges to overcome resulted.
The conversation quickly centered on developments on the transparency front, an area that has seemingly been moving at warp speed with ever-increasing demands from every corner of the capital markets. As a result, all four exchanges are working on that as the main priority this year and into the future.
Importantly, the half-day encounter led to a meeting of the minds around collective action to mobilize investors in these emerging markets via training and awareness-raising to augment their consumption of ESG information provided by companies, and its integration into investment decision-making. The goal is to stimulate demand for this information that companies are already supplying to the market. Several external partners will likely support this approach by SSE Partner Exchanges.
The SSE aims to make the Regional Dialogue a regular occurrence in Latin American and the Caribbean. On 18 May, the SSE will hold its next Regional Dialogue in Southeast Asia, hosted by the Stock Exchange of Thailand in Bangkok.
Six stock exchanges in Latin America and the Caribbean are Partner Exchanges of the SSE, including all four exchanges in the Integrated Latin American Market (known as MILA for its Spanish initials) – Santiago, Lima, Colombia and Mexico . The aim of the SSE, launched by the UN Secretary-General in 2009, is to promote the collaboration of stock exchanges with investors, regulators and companies in order to enhance corporate transparency, and ultimately performance, on environmental, social and corporate governance issues and to encourage sustainable investment.
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.