Name | Nasdaq |
Country | United States of America |
Number of listed companies | 3,723 |
Domestic market capitalization | 22,464,541 million US$ |
SSE Partner Exchange | Yes |
Has annual sustainability report | Yes
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ESG reporting required as a listing rule | No |
Has written guidance on ESG reporting | Yes
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Offers ESG related training | Yes
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Market covered by sustainability-related index | Yes Offers 70 sustainability-related indexes (not all actively traded), including:- OMX GES Ethical indexes
- NASDAQ Clean Edge US Index (CLEN)
- OMX CRD Global Sustainability Index
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Has sustainability bond listing segment | Yes
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Has SME listing platform | No |
Women on boards mandatory minimum rule | Yes
- There is a mandatory minimum rule of at least 1 woman on boards.
Source: NASDAQ. (2020). Nasdaq to Advance Diversity through New Proposed Listing Requirements. Details of the rule: NASDAQs proposed rules are pending approval by the US SEC. If approved, they would require listed companies to have at least one director who self-identifies as female. In case of non-compliance, companies would have to explain the reasons.
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Additional information | Nasdaq Progress Report 2014, United Nations Global Compact- Nasdaq speaks, moderates, sponsors, or otherwise exhibits at key industry events related to sustainability. Source
- Nasdaq and CERES Investor Network on Climate Risk (INCR) are working with other partners to create an investor-centric sustainability reporting proposal for public companies and stock exchanges. Source
- Nasdaq had a three-part article series in 2013, called Doing Well by Doing Good.
- Nasdaq is a member of the United Nations Global Compact and Chair of the WFE Sustainability Working Group. Source.
- Board Member, US Global Compact US Network; Advisory Board Member, SASB.
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Organizational model of stock exchange | Listed company for profit; demutualized in: |
Regulatory bodies | |
Regulatory model | Limited Exchange Self-Regulatory Organization (SRO) Model.- Regulatory practices in regards to this exchange vary slightly from country to country. The exchanges operated by Nasdaq in each country appear to have basic regulatory oversight. However, the ultimate regulatory authority for each market lies with the regulatory bodies listed.
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About the stock exchange | |