MADRID, Spain – Bolsas Y Mercado Españoles (BME), the stock exchange of Spain, announced that it has partnered with the United Nations Sustainable Stock Exchanges (SSE) initiative to raise awareness on environmental, social and corporate governance issues, and to spread sustainable business practices.
The UN SSE initiative was launched by UN Secretary-General Ban Ki-Moon in 2009, and offers a learning platform for exploring how exchanges—together with investors, regulators and listed companies—can encourage sustainable investments and enhance corporate transparency.
The SSE is convened by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Program’s Finance Initiative (UNEP FI), and the Principles for Responsible Investment (PRI).
In a letter to UN Secretary General Ban Ki-moon, BME committed to working with investors, companies and regulators to promote long term sustainable investment and improved environmental, social and corporate governance (ESG) disclosure and performance among companies listed on its markets.
“We are proud to join the SSE Initiative and partner with the UN and our industry to support best practices in corporate governance and transparency related to corporate sustainability and help advance this cause globally. Being part of the Sustainable Stock Exchange initiative demonstrates our commitment to adopting sustainable business practices and encouraging our stakeholders to do the same,” said Antonio Zoido, Chairman of BME. – BusinessNewsAsia.com