Well, the answer to the above question remains to be seen, with
time. For now, however, it does appear as though the Stock Exchanges
from around the world do, as many are active members of the Sustainable Stock Exchanges Initiative.
One of the world’s best sustainability ideas, as labeled by Forbes,
this initiative aims to provide a forum wherein international
regulators, exchanges and investors can openly deliberate on issues of
sustainability.
Formed in 2009, the SSE Initiative is co-organized by four United
Nations organizations: the UN Conference on Trade and Development, the
UN Global Compact, the UN Environment Programme Finance Initiative, and
the UN-backed Principles for Responsible Investment. According to a Reuters article,
the SSE will be holding a Global Dialogue on Monday, in Rio de Janeiro,
Brazil, prior to the United Nations Conference on Sustainable
Development (Rio+20), scheduled for June 20-22.
This is incredibly good news, and a great sign that these
international powerhouses are actually taking sustainability seriously,
going so far as to make it a priority. The dialogue is reportedly
focusing on the transparency of the industry, through official
sustainability reports, among other topics. Let’s hope that the
movement not only continues, but that its thriving momentum carries
forward to realizable changes in global corporate environments.
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