CSE joins UN Sustainable Stock Exchanges Initiative

FE Online Report | Published: August 27, 2017 13:11:12 | Updated: October 22, 2017 14:22:38

The logos of Chittagong Stock Exchange and Sustainable Stock Exchanges are pictured in this combination photo.

Chittagong Stock Exchange Limited (CSE) has become the 62nd Partner Exchange of the United Nations (UN) Sustainable Stock Exchanges (SSE) initiative.

The port city bourse is the first Bangladeshi Stock Exchange to join this global partnership on January 31, 2017 as part of a global effort to promote sustainability of performance and transparency in capital markets.

As a Partner Exchange, the CSE will join forces with international efforts to spearhead sustainability practices among capital markets, according to a statement of the bourse.

CSE intends to make use of the SSE platform to improve transparency and further enable ethical and sustainable interactions in its marketplace.

Currently, there are 65 SSE partner exchanges. The SSE is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency – and ultimately performance – on ESG (environmental, social and corporate governance) issues and encourage sustainable investment. The SSE is organised by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Program Finance Initiative (UNEP FI), and the Principles for Responsible Investment (PRI).

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