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Exchanges Push the Sustainability Agenda
17 September 2009:
The world’s stock exchanges are working toward more sustainable business models according to a report to be published by the World Federation of Exchanges (WFE), a trade association with 51 member exchanges globally.
The report, which was produced by sustainable investment consultancy Delsus Limited, found exchanges were increasingly active in three main areas promoting sustainability: provision of information tools for sustainable investors such as indices; fostering specialised listing and trading platforms for sustainable investment niches and in less advanced markets, increasing awareness of environmental, social and governance (ESG) issues among listed companies.
Dan Siddy, founder and director of Delsus and author of the report, said: “Over the last five years or so, social and environmental risks and opportunities have emerged to become commonplace long-term investment themes in the world’s capital markets.
“Alongside the growing political and economic challenge of climate change and the transition to a lower-carbon future, labour standards, human rights, product safety, human capital and poverty reduction are also major issues.”
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Source: Responsible Investor
