On November 4, 2015 the World Federation of Exchanges (WFE) announced that “it has presented recommendations to its member exchanges on how to implement their sustainability policies, the culmination of a year-long project by its Sustainability Working Group.”
In a press release, the WFE outlined key components of this initiative:
- “Guidance is culmination of year-long project by WFE’s Sustainability Working Group
- WFE sets out ‘material ESG metrics’ to include in disclosure guidance
- Guidance lists 34 indicators as measures of best sustainability practice
- WFE stresses exchanges are unique nexus between issuers and investors
- New guidance follows WFE survey of sustainability policies.”
You may read the press release on the news page of the WFE internet site.