FTS Global Markets

60 stock exchanges sign up to UNCTAD sustainability initiative

According to the UNCTAD-backed Sustainable Stock Exchanges (SSE) Initiative nearly 60 stock exchanges, representing more than 70% of listed equity markets, and some 30,000 companies with a market capitalization of over $55trn, have now made a commitment to the Sustainable Development Goals (SDGs). Stock exchanges can take concrete steps on five of the 17 SDGs, adopted by UN Member States in September 2015. These goals include work on gender, decent work and economic growth, responsible production and consumption, climate change, and global partnerships. The initiative's 2016 progress report notes that financial markets could do more to support achievement of the SDGs.

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