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London Stock Exchange joins UN Sustainable Stock Exchange initiative

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London Stock Exchange Group has joined the United Nations Sustainable Stock Exchanges (SSE) initiative as a Partner Exchange. The platform aims to provide an effective peer-to-peer dialogue among global exchanges, encouraging sustainable investment, while enhancing corporate transparency on environmental, social and corporate governance issues.

The SSE initiative was launched by UN Secretary-General Ban Ki-moon in New York in 2009 and has nine Partner Exchanges around the world. LSEG will become the 10th Partner Exchange. The creation of SSE has provided stock exchanges with an opportunity to play an important leadership role in promoting sustainable business practices.

Mark Makepeace, Group Director of Information Services, London Stock Exchange Group, said “This is about supporting stable global long-term economic growth. We are therefore delighted to join the UN SSE initiative as a Partner Exchange and we look forward to collaborating on important sustainability themes with the UN and peer exchanges around the world.”

“By joining the United Nations Sustainable Stock Exchanges initiative, London Stock Exchange Group commits to a renewed effort to engage in dialogue with key capital market stakeholders to raise the level of best practice,” said Mukhisa Kituyi, Secretary-General, UNCTAD. “Together, we can promote markets where market-signals and sustainability priorities are in alignment, not conflict.”

Read the story in Automated Trader.