This quarter’s webinar focuses on a range of exciting sustainability activities. The agenda will include:
- Launch of the Net Zero Financial Service Provider’s (NZFSPA) Exchange Target Setting Guidance
- An update from the Taskforce on Nature-related Financial Disclosure (TNFD)
- Presentation by UN Development Programme (UNDP) on the SDG Impact Standards.
As usual, we have two call options to accommodate the many time zones of our partners, either at 09:00 or 16:00 Geneva Time (Central European Time).
Net Zero Target Setting Framework for Exchanges
Following an extensive consultation process, including 4 consultation rounds with the NZFSPA Exchange Group and the SSE Net Zero Comment Group, the Race to Zero Expert Group (EPRG) has provided the recommendation to the Race to Zero Climate Change Champions to approve the net zero framework of the NZFSPA Exchange Group. To mark this important milestone, the SSE will present the new target-setting guidance for exchanges to set their own net-zero targets under the Net Zero Financial Service Providers Alliance (NZFSPA). If your exchange is interested in joining the NZFSPA Exchange Group in the future, this is your chance to ask questions and learn more about the Net Zero movement.
TNFD - Nature-related Disclosure
Nature loss poses a major material risk to investors and issuers. To tackle this risk, the Taskforce for Nature-related Financial Disclosure (TNFD) was founded. The Taskforce consists of 40 individual Taskforce Members, including the Singapore Exchange (SGX Group). Currently, the TNFD is finalizing its new framework ahead of its planned launch in Q3 this year. The new framework will enable companies and investors to integrate nature into financial decision-making. During this webinar, representatives of the TNFD will provide a sneak peek of what the new framework will include and answer any questions SSE members might have.
UNDP - SDG Impact Standards
The SDG Impact Standards are management practice standards designed to guide businesses and investors to embed sustainability into their decision-making approach. They provide a universal management framework for organizations to have confidence that they are contributing positively to the SDGs in a holistic and systemic way. During this Q2 call, UNDP colleagues will provide an overview of the standards and explain why they are important for exchanges and their markets.
The SSE team provided some details to register for the upcomming Gender Equality pilot training and highlighted the launch of the Net Zero Target Setting Guidance for Exchanges by giving an overview of the Net Zero mouvement and of the new Framework on Net Zero. The SSE team congratulated the exchanges members of the Net Zero Financial Service Providers Alliance (NZFSPA) and encouraged every exchange to take part in the race to net zero. Exchanges also heard from the Task Force on Nature-related Financial Disclosure (TNFD) and from the United Nations Development Programme (UNDP) Standards and training programm.
Slides
The Q2 call was attended by 59 participants from 37 organisations, including 27 exchanges and 10 other market participants (63% women, 37% men).