South-East Asian capital market leaders pursue sustainable business agenda as new exchanges join SSE
May 20, 2015
The United Nations Sustainable Stock Exchanges (SSE) initiative held its first Regional Dialogue for South East Asia in the heart of Bangkok 18 May. Hosted by the Stock Exchange of Thailand, the event convened capital market leaders to tackle the most relevant and pressing sustainability topics in the region.
Ms. Kesara Manchusree, President of the Stock Exchange of Thailand, said, “This first SSE Regional Dialogue was a platform for executives in global capital markets to exchange views on driving sustainable development, followed by a practical workshop to assist investors, listed companies and other capital market stakeholders in conducting sustainable development reports and risk management.”
The SSE Initiative has also welcomed four new exchanges to its ranks – the Hanoi, Hochiminh, Malaysia and Korea Stock Exchanges – all of which have committed to promote long-term sustainable investment in their markets and improve ESG disclosure and performance among companies listed on their exchanges. There are now 23 Partner Exchanges as part of the SSE, five of which are in South-East Asia.
Mr. Trung Nguyen Vu Quang, Hanoi Stock Exchange Deputy CEO, said: “As HNX has made some achievements in promoting the Corporate Governance practice of our listed companies for the past years, we do look forward to getting much experience and knowledge from other SSE partner exchanges for successful implementation of our future cooperation plan on enhancement of Green finance.”
The SSE initiative is convened by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Programme’s Finance Initiative (UNEP-FI) and the Principles for Responsible Investment (PRI). Interested parties are encouraged to visit the SSE website for more information on specific exchanges’ sustainability efforts and further opportunities to advance the integration of sustainability within capital markets.