The Colombo Stock Exchange (CSE) has joined the United Nations Sustainable Stock Exchanges (SSE) Initiative, a partnership among the UN, UN-supported organisations, stock exchanges, investors, companies, regulators and governments around the world. CSE Cairman Vajira Kulatilaka made the public announcement of its entrance to the SSE during a special Leadership Luncheon on September 24 at [...]

The Sunday Times Sri Lanka

CSE joins UN initiative on sustainable stock exchanges

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The Colombo Stock Exchange (CSE) has joined the United Nations Sustainable Stock Exchanges (SSE) Initiative, a partnership among the UN, UN-supported organisations, stock exchanges, investors, companies, regulators and governments around the world. CSE Cairman Vajira Kulatilaka made the public announcement of its entrance to the SSE during a special Leadership Luncheon on September 24 at the New York Stock Exchange.

CSE Chairman (front row second from right) joins other capital market leaders and senior UN officials for the NYSE Closing Bell on September 24, 2015 to mark the launch of the new United Nations Sustainable Development Goals.

The SSE Initiative, launched by UN Secretary General Ban Ki-moon in 2009, aims to explore how exchanges can work together with investors, regulators and companies to promote sustainability initiatives. Over the years it has contributed to enhance corporate transparency on Environmental, Social, and corporate Governance (ESG) issues and encourage responsible long term approaches to investment.

“I believe that being part of the Sustainable Stock Exchange initiative demonstrates our commitment towards adopting sustainable business practices. We endeavour to engage with our stakeholders, and collectively work towards sustainable policy initiatives which will help us create better corporate citizens in the areas of environment, society and governance,” Mr. Kulatilaka said in media release issued by the CSE.

The release said that CSE would be able to access a wide range of resources to support the implementation of sustainability initiatives in the form of events, webinars, workshops, publications and other potential work streams that contribute to the overall mission of the SSE initiative.

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