(Singapore, 6 September 2016) The United Nations Sustainable Stock Exchanges (SSE) Initiative is delighted to welcome Singapore Exchange (SGX) as a Partner Exchange. Joining nearly 60 SSE Partner Exchanges around the world, SGX’s commitment to promoting sustainable development and investment in its market is both timely and welcome.
Loh Boon Chye, CEO of SGX, announced the commitment this morning at the SSE’s 2016 Global Dialogue, which was held in Singapore alongside the Principles for Responsible Investment (PRI) annual event. SGX launched the partnership, speaking at and hosting the Global Dialogue, VIP luncheon, and a technical workshop organized by the World Federation of Exchanges, SSE, Ceres and PRI on 5 September. Addressing more than 120 global audience members, Mr Loh discussed SGX’s commitment to sustainability and how the exchange is working to improve the quality of ESG disclosures across global capital markets.
Mr. Loh said, “SGX is delighted to join the SSE Initiative as a Partner Exchange and host to its 2016 Global Dialogue, which is the first time the event is being held in Singapore. As a market operator and regulator, SGX is committed to leading the sustainability advancement in Singapore’s capital market. We look forward to both contributing and learning from the other partners of this exciting initiative.”
SGX is a strong advocate of sustainable development, and has demonstrated its commitment to enhancing disclosure and access to sustainability information through various initiatives. These include the introduction of sustainability reporting on a ‘comply or explain’ basis for listed companies, as well as the launch of SGX Sustainability Indices, a suite of equity indices composed of SGX-listed stocks that are frontrunners in environmental, social and governance (ESG) standards.
With the addition of SGX, there are now 15 SSE Partner Exchanges in Asia and close to 60 SSE Partner Exchanges worldwide. For more information on the event in Singapore, please click 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