326-8 How Stock Exchanges can Grow Green Finance. A Voluntary Action Plan

Summary

This voluntary action plan identifies two main action areas that stock exchanges should work on in parallel. First, the promotion of green labelled products and services helps direct funding towards green projects and environmentally aligned issuers. Secondly, more systematic and holistic changes must take place to support a green transition and ensure market resilience to the economic impacts of climate change.

Thumbnail image for This voluntary action plan identifies two main action areas that stock exchanges should work on in parallel. First, the promotion of green labelled products and services helps direct funding towards green projects and environmentally aligned issuers. Secondly, more systematic and holistic changes must take place to support a green transition and ensure market resilience to the economic impacts of climate change.

Issuer

Sustainable Stock Exchanges (SSE) initiative

Year

2017

Region

International

Policy Type

Disclosure

Geographical scope

International

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Voluntary Use

Main industries targeted

Finance & Insurance
Mining, Quarrying, Oil & Gas Extraction
Manufacturing
Construction

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 4: Quality Education
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 14: Life Below Water
SDG 15: Life on Land
SDG 17: Partnerships for the Goals