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. . . . (WFE Launches Sustainability Working Group, March 25, 2014).
• Borsa Istanbul
• Bursa Malaysia
• CME Group
• Deutsche Börse
The work of the WF• IntercontinentalExchange/NYSE
• Johannesburg Stock Exchange
• NASDAQ OMX
• National Stock Exchange of India
• Shenzhen Stock Exchange.
Global Compact Invites Business Comment on Stock Exchange ProposalThe UNGC Call for Comments follows:
(22 May 2014, New York) – Institutional investors have put forth a proposal to the World Federation of Exchanges (WFE) – a trade association of 62 publicly regulated stock, futures and options exchanges – that would require extra-financial disclosure among companies listed on member exchanges. The UN Global Compact is gathering business input on the draft submission to share with the WFE's Sustainability Working Group.
The WFE Sustainability Working Group is expected to consider company views alongside those of member exchanges in its deliberations, and to present its recommendations before the plenary at the WFE Annual Meeting in October 2014.
Publicly listed Global Compact business participants are invited to share their opinions on the draft submission by 27 June 2014. Companies should consider including colleagues from relevant internal teams to make a comprehensive evaluation (e.g., sustainability, investor relations, finance). Click here to participate.
As the sole channel for listed companies to make their voices heard by the WFE, the Global Compact encourages business participants who have a stake in the WFE's decisions to avail themselves of this opportunity to influence the negotiations process.
Call for Comments: World Federation of Exchanges Proposed Extra-Financial Reporting Requirements
Institutional investors have put forth a proposal to the World Federation of Exchanges (WFE) – a trade association of 62 publicly regulated stock, futures and options exchanges – that would require extra-financial disclosure among companies listed on member exchanges. The Global Compact is gathering business input on the draft proposal to share with the WFE's Sustainability Working Group. Please listen to this recording for further details.
Publicly listed Global Compact business participants are invited to share their opinions on the proposal by 27 June 2014. Please follow the procedure outlined here:Steps
Read Investor Listing Standards Proposal: Recommendations for Stock Exchange Requirements on Corporate Sustainability Reporting
Review Global Compact feedback form to proposal
Add your comments to the last column of the form for each row.
Convey your comments in one of the following ways:
Submit electronically to email@example.com
Provide over the phone – write to firstname.lastname@example.org to schedule a call
*Business participants who wish to comment should provide the Global Compact with their ticker symbol(s).While it is critically important for business to participate, it may be as important elements of civil society and others to make their views known. If working through the UNGP is impossible because of the limited scope of their consultation, then it might be useful to send views directly to the WEF Sustainability Working Group. Alternatively, it may be that the U.N. Working Group on the Issue of Human Rights and Transnational Corporations and Other Business Enterprises may provide a facility for consultation as well. Telephone: +41 22 917 9656; Mail: email@example.com