| SSE Initiative

Name	Bolsa Mexicana de Valores (Mexican Stock Exchange)
Country	Mexico
Number of listed companies	144
Domestic market capitalization	459,708 million US$
SSE Partner Exchange	Yes
Has annual sustainability report	Yes
ESG reporting required as a listing rule	No
Has written guidance on ESG reporting	Yes Detailed sustainability guide launched in 2017 Best Practice Corporate Governance Code (in Spanish)
Offers ESG related training	Yes Offers diplomas in corporate governance and climate finance. In 2022, Bolsa Mexicana de Valores provided training on Climate-related Financial Disclosures (TCFD recommendations) in collaboration with the SSE, CDP and IFC. (source)
Market covered by sustainability-related index	Yes S&P/BMV Total Mexico ESG Index, more details in English and Spanish. ISRS Sustainability Index: ndice IPC Sustentable (ISRS).
Has sustainability bond listing segment	Yes 10 labeled bonds have been issued in Mexico, 4 of which were Sustainable Bonds with a special designation in their ticker symbol. Developed Green Bonds Principles MX along with Climate Finance Advisory Group (CCFC) in 2017.
Has SME listing platform	No
Women on boards mandatory minimum rule	No
Additional information	Social responsibility section on website
Organizational model of stock exchange	Listed company for profit; demutualized in 2008
Regulatory bodies	Comision Nacional Bancaria de Valores (CNBV)
Regulatory model	Limited Exchange Self-Regulatory Organization (SRO) Model The Bolsa Mexicana de Valores does not require the Comision Nacional Bancaria de Valores' (CNBV) permission to install regulations. However, the CNBV has the authority to veto any installed regulations, remove officers or directors and revoke the self-regulatory status of the exchange. Additionally, exchanges must report to the CNBV on their adherence to any imposed self-regulatory practices.
About the stock exchange	Location: Mexico City, Mexico BMV Group is a fully integrated Exchange Group that operates cash, listed derivatives and OTC markets for multiple asset classes, including equities, fixed income and exchange traded funds, as well as custody, clearing and settlement facilities and data products for the local and international financial community. BMV is the second largest stock exchange in Latin America with a total market capitalization of over US$ 530 billion. (More here)