SZSE Joined UN Sustainable Stock Exchange Initiative

date: 2017-12-6

On December 3, 2017, General Manager of Shenzhen Stock Exchange (“SZSE”) Wang Jianjun announced that SZSE has officially become the 67th Partner Exchange of UN Sustainable Stock Exchange Initiative (hereinafter referred as “Sustainable Stock Exchange”) on the Global Social Finance Forum 2017 Social Impact Investing Summit. This means that SZSE will play a bigger role in supporting sustainable development and promoting green financial construction.

 

The first global dialogue of Sustainable Stock Exchange was held by UN Secretary-General Ban Ki-moon in New York, USA in 2009. It was initiated by UNCTAD, UN Global Compact, UNEP FI and UN PRI jointly, aiming to provide a platform for participated exchanges to learn from each other. Sustainable Stock Exchange cooperated with investors, regulators and listed companies to improve the transparency of listed companies and promote sustainable investments.

 

In his speech, Wang Jianju mentioned that SZSE had always paid high attention to sustainable development and contributed greatly to the construction of market transparency, green finance system and social responsibility. By joining Sustainable Stock Exchange, SZSE will play a leading role in a higher level and boarder sphere, facilitating the entire market and industry to better carry out social responsibility.

 

Early in 2006, SZSE published social responsibility guidance for listed companies, leading them to disclose social responsibility information and promoting the formation of social responsibility concept. 306 listed companies in Shenzhen have published independent social responsibility reports or environment reports. With the institutionalization and standardization of social responsibility information disclosure, more and more listed companies are realizing the important influence and positive effect of performing social responsibility on the company’s long-term sustainable development. Meanwhile, SZSE developed plentiful green finance products and actively contributed in the economic system of green low carbon cyclic development. Currently SZSE holds 110 green concepts bonds of public and private company, 62 investment funds in the aspect of social responsibility and green industry and has successfully launched asset securitization products in clean and green energy and other fields.

 

Next, SZSE will take advantage of joining Sustainable Stock Exchange and learn from internationally successful experience to further improve multi-level capital market system construction under the guidance of the spirit of the 19th National Party Congress. SZSE will serve real economy and the construction of innovative country, support the development of green finance, promote sustainable growth of the economic society and carry out its social responsibility according to the standard.