Sustainable Stock Exchange

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Founded 2009
Headquarters New York City
Products Tracks activities of stock exchanges involved in sustainability activities
Twitter @SSEinitiative
Web site https://sseinitiative.org/
Releases Organization News

The UN Sustainable Stock Exchange (SSE) Initiative is a global platform for exploring how exchanges, in collaboration with investors, companies, regulators, policymakers and international organizations can encourage sustainable investment. To accomplish this, the SSE collects data on exchange actions in the sustainability and ESG arenas, researches and reports on exchange activities, and showcases exchange initiatives on its SSE TV channel.


History[edit]

Created in November 2009, the UN Sustainable Stock Exchange (SSE) Initiative provides a global platform for exploring how exchanges, in collaboration with investors, companies, regulators, policymakers and international organizations can encourage sustainable investment. Founded through a UN Partnership organized by UNCTAD, the UN Global Compact, UNEP FI and the PRI, the SSE had 129 stock exchange partners as of August 2022. [1]

Products and Services[edit]

The SSE makes available a database of sustainability activities for all stock exchanges that are either members of the SSE initiative or members of the World Federation of Exchanges. Its databases explore stock exchanges through the lenses of ESG guidance, gender equality, regulation and TCFD activities. The stock exchange database is the most comprehensive database of exchanges worldwide and contains data on all main stock exchanges. Investors and other stakeholders can search the database to understand the work undertaken by any stock exchange to advance sustainability in its respective markets.

From the website, interested partners can learn whether a stock exchange is:

  • an SSE Partner Exchange
  • has an annual sustainability report
  • ESG reporting required as a listing rule
  • Has written guidance on ESG reporting
  • offers ESG related training
  • market covered by sustainability-related index
  • has sustainability bond listing segment
  • has SME listing platform
  • Women on boards mandatory minimum rule.[2]

SSE Derivative Exchange initiative[edit]

In 2021, the SSE launched the SSE Derivative Exchange initiative to focus on the role played by derivatives exchanges in the transition to ESG. The initiative launched with 12 founding members and has added two since. Of the Sustainable Development Goals (SDG), of which there are 17 adopted by United Nation member states in 2015 as part of "The 2030 Agenda for Sustainable Development," the SSE identified one goal as immediately relevant to Derivative Exchanges. [3] This is "Target 12.6: Encourage companies, especially large and trans-national companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle."

Membership[edit]

To become a member of the UN SSE initiative, the CEO or Chairperson of the exchange must sign an SSE commitment letter, and make a number of other commitments.

Key People[edit]

James Zhan, Chair, Director, Investment & Enterprise Division, UNCTAD Sanda Ojiambo, Executive Director, UN Global Compact Eric Usher, Head, UNEP-FI David Atkin, CEO, PRI

References[edit]

  1. Stock Exchange Database. SSE Initiative.
  2. Stock Exchange Database Criteria. SSE Initiative.
  3. Derivative Exchanges. SSE Initiative.