(24 October, 2016), Dubai, UAE – Stock exchanges play a crucial role in driving the growing green economy which will be so vital to implementing the Sustainable Development Goals. Ahead of the UNEP FI Global Roundtable, Dubai Financial Market (DFM) organized a special bell-ringing ceremony underlining DFM’s commitment to promote the sustainability of stock exchanges. Eric Usher, Head of the UNEP FI, rang the DFM market-opening bell in the presence of His Excellency Essa Kazim, Chairman of DFM and senior representatives of stock exchanges participating in the meetings.
Commenting on this, H.E. Essa Kazim said, “DFM is delighted to welcome the distinguished representatives of the UNEP and leading stock exchanges. This event has provided us with an unprecedented opportunity to celebrate stock exchanges’ joint efforts and successes in terms of sustainability over the past years. Our enthusiasm to observe this occasion stems from our deep belief in the importance of creating the necessary frameworks and environment for sustainability of stock exchanges and the financial sector in general and we hope that this drive gains further momentum during the coming period.”
DFM became a Partner Exchange Member of the United Nation’s Sustainable Stock Exchanges (SSE) initiative in June 2016, as part of its continuous efforts to spearhead sustainability practices amongst capital markets. The exchange has implemented numerous initiatives that significantly strengthened sustainability and green economy practices within the exchange and listed companies. Download the press release here.
About the SSE
The SSE is a peer-to-peer learning platform for exploring how exchanges—in collaboration with investors, regulators, and companies—can encourage sustainable investment and enhance corporate transparency, and ultimately performance, on ESG (environmental, social and corporate governance) issues. The SSE is convened by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Program Finance Initiative (UNEP FI), and the Principles for Responsible Investment (PRI). For more information on specific exchanges’ sustainability efforts, how to become a Partner Stock Exchange, and further opportunities to advance the integration of sustainability within capital markets, visit www.sseinitiative.org