June 2022 - You are accessing an old version of our website. The SDGs Voluntary Commitments have been migrated here: https://sdgs.un.org/partnerships

You will be redirected to the new Partnership Platform in 10 seconds.

#SDGAction21312
Sustainable Stock Exchanges
Description/achievement of initiative

Launched by the UN Secretary General in 2009 in New York, the Sustainable Stock Exchanges (SSE) initiative 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 organized 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).

Implementation methodologies

Stock Exchanges are invited to make a voluntary public commitment to advancing sustainability, thereby becoming an "SSE Partner Exchange". The SSE's global network of stock exchanges is then called upon to engage in various SDG-themed work-streams coordinated by the SSE organizers. These work-streams take the form of three pillars of interrelated activities: high-level consensus building, research and capacity building. The initiative advances sustainability measures throughout its network by promoting the sharing, adoption and implementation of best practices.

Arrangements for Capacity-Building and Technology Transfer

The SSE promotes capacity building through technical guidance and capacity-building workshops, as well as "twinning" exercises that allow the transfer of management know-how between countries in the SSE network.

Coordination mechanisms/governance structure

UNCTAD, the UN Global Compact, UNEP and the PRI (the Quartet) coordinate the SSE initiative. Each of these UN, or UN-backed, organizations is active in the area of promoting responsible investment and sustainable business practices and will work to facilitate the involvement of their complementary and overlapping constituencies in the work of the SSE initiative.

Partner(s)

UNCTAD, UN Global Compact, UNEP, PRI. Plus more than 60 stock exchanges around the world that have made a voluntary commitment to promote sustainable business practices.
Progress reports
Goal 5
5.5 - Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life
Goal 8
8.3 - Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
Goal 12
12.6 - Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle
Goal 13
13.3 - Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning
Goal 17
17.16 - Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the sustainable development goals in all countries, in particular developing countries
2015
Model Guidance on Reporting ESG Information to Investors: A Voluntary Tool For Stock Exchanges to Guide Issuers
2017
How Stock Exchanges Can Advance Gender Equality
2017
Guidance for Stock Exchanges on Green Finance
2018
Guidance for Stock Exchanges on SME Development
Staff / Technical expertise
PRI expert(s) on responsible investment, investment policy and corporate sustainability.
Staff / Technical expertise
UN Global Compact expert(s) on responsible investment, investment policy and corporate sustainability.
Staff / Technical expertise
UNCTAD expert(s) on responsible investment, investment policy and corporate sustainability.
Staff / Technical expertise
UNEP expert(s) on responsible investment, investment policy and corporate sustainability.

Basic information
Time-frame: 2009 - n/a
Partners
UNCTAD, UN Global Compact, UNEP, PRI. Plus more than 60 stock exchanges around the world that have made a voluntary commitment to promote sustainable business practices.
Countries
Contact information
Anthony Miller, Economic Affairs Officer, anthony.miller@unctad.org
United Nations