Singapore became the newest member of the United Nations Sustainable Stock Exchanges (SSE) Initiative as it hosted the initiative’s Fifth Global Dialogue.
Singapore joins 58 other partner stock exchanges, including the London and New York stock exchanges, in the SSE, a UN initiative that encourages sustainable investment and enhanced environmental, social and corporate governance (ESG) among the world’s stock exchanges.
Singapore Exchange’s Chief Executive Officer, Loh Boon Chye, 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.”
“Stock exchanges play a crucial role in driving the growing green economy so vital to implementing the Sustainable Development Goals,” said Elliott Harris, UN Assistant Secretary-General and Head of the UN Environment New York Office.
“We welcome the commitment of the Singapore Exchange, which is putting sustainability at the heart of its business strategy,” he added. “Stock exchanges are in a unique position to help mobilize the regulations, policies and market opportunities that will support a brighter future for people and planet.”