WSE becomes first European exchange to join SSE initiative
20 Jan 2014
The Warsaw Stock Exchange (WSE) has joined the Sustainable Stock Exchanges (SSE) initiative, becoming the first exchange from Europe to participate, and the ninth exchange overall.
The SSE initiative was founded in 2009 by the United Nations to exchange experience in the development and promotion of corporate social responsibility and responsible investment among investors, listed companies, regulators and capital market infrastructure institutions. Each member exchange makes a voluntary commitment in a form similar to that adopted by the WSE:
We voluntarily commit, through dialogue with investors, companies and regulators, to promoting long-term sustainable investment and improved environmental, social and corporate governance disclosure and performance among companies listed on our exchange
WSE joins NYSE Euronext, NASDAQ OMX, Borsa Istanbul, BM&FBBovespa (Brazil), the Bombay Stock Exchange, the Egyptian Exchange, the Johannesburg Exchange, and the Nigerian Stock Exchange. The WSE has also launched an updated socially responsible company index, 'RESPECT', whereby 23 companies listed on the exchange's main market have been verified against qualifying parameters of corporate social responsibility for inclusion in the index.
Click for announcement (link to SSE initiative website).