The TMX Group (TSX:X) today revealed that the Toronto Stock Exchange and its peer the TSX Venture Exchange are now part of the United Nations Sustainable Stock Exchanges (SSE) program to further sustainability and transparency within capital markets.
The new partnership will allow the TMX Group to engage in dialogue with its peers on how exchanges can collaborate with regulators, companies and investors to facilitate sustainable investing and improve corporate efforts and transparency regarding issues pertaining to social, environmental and corporate governance.
The SSE was founded by the UN Secretary General in 2009 with the aim of regularly involving all capital markets participants and other major players in the financial services industry globally in the UN’s work.
According to Lou Eccleston, the CEO of TMX Group:
TMX is committed to embracing progressive change across the markets we serve and above all, to providing clients with the solutions they need to succeed in today’s ever-evolving investment landscape.
We are proud to join our international peers in the SSE initiative and to connect stakeholders across Canada’s world-class markets, including TSX and TSXV-listed companies and the investment community, with environmental, social and governance disclosure guidelines and valuable ongoing insights.