– big ideas for global investors Search
   Member Access       Sign-up       Newsfeeds        Companies        Stock Directories       Research       Video       Funding   

World Federation of Exchanges (WFE) launches Sustainability Working Group

Global Stock Exchanges Commit Attention to Sustainability Among Stakeholders

Ideas get bigger when you share them...

LONDON - March 26, 2014 ( renewable energy stocks newswire) The World Federation of Exchanges (WFE) has formed a new sustainability working group at its Working Committee meeting in Mumbai last week. The new Sustainability Working Group is comprised of representatives from a diverse array of global stock exchanges with a mandate to build consensus on the purpose, practicality, and materiality of Environmental, Social, and Governance (ESG) data.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

Stock exchanges increasingly feel the responsibility to promote sustainable business practices among their stakeholders. The WFE and its 60 member exchanges have long engaged the investment and regulatory community on the efficacy of ESG disclosures in this effort, as part of its overall commitment to creating transparency and fairness in the capital markets. This new working group will continue that mission, undertake original research, publicize its findings, promote the debate over ESG issues among the members of WFE and make recommendations to the member exchanges.

"We are very pleased with the formation of the Sustainability Working Group. The overwhelming interest among our members for ESG issues is a good indication for constructive future collaboration in this group, which will transcend competitors and regions in order to tackle key issues and promote best practices." said Ravi Narain, Chairman of the Working Committee.

"NASDAQ OMX is a strong believer in the power of transparent data," said Evan Harvey, NASDAQ OMX Director of Corporate Sustainability and one of the initiators of the working group. "We salute the WFE for organizing this group and continuing to find ways to engage exchanges on ESG issues."

The following exchanges have thus far committed to participate:

  • Borsa Istanbul
  • Bursa Malaysia
  • CBOE
  • CME
  • Deutsche Börse
  • IntercontinentalExchange/NYSE
  • Johannesburg Stock Exchange
  • National Stock Exchange of India
  • Shenzhen Stock Exchange

The group will determine its own leadership at its first meeting. The Chairmanship will be rotated on a regular basis.

The Sustainability Working Group was discussed and its Terms of Reference were approved by the WFE during a meeting in Mumbai on March 20. The Global Cyber Security Group that was recently initiated also received an overwhelming approval of its Terms of Reference, including additional interest from prospective members. The WFE Working Committee provides strategic oversight to these groups and reserves part of its agenda during appropriate meetings to discuss the business and recommendations of each one.


The World Federation of Exchanges is the trade association for the operators of regulated financial exchanges. With 60 members from around the globe, the WFE develops and promotes standards in markets, supporting reform in the regulation of OTC derivatives markets, international cooperation and coordination among regulators. WFE exchanges are home to more than 45,000 listed companies.

For additional information about the new Working Committee, please contact Stephanie DiIorio, 212-754-5448,

Antoinette Di Massa
Office of the CEO
Membership Coordinator
World Federation of Exchanges Ltd

More Info:

This news is published on the Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info:

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Free News Alerts


Investor Ideas © 2000 - 2014®, ECON

Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |