Our market’s ESG journey is not just about numbers and regulations; it is about a paradigm shift. It is about shaping a sustainable future where ESG data, environmental solutions, and long-term value creation, go hand-in-hand.

This month’s CEO letter is written by Victoria Powell, the WFE’s Senior Manager, ESG.

It was a real pleasure to convene our members, policy makers and stakeholders at COP28, reflecting the importance that the WFE and its members place on promoting sustainability. Exchanges are in a truly unique position to support the transition to a sustainable economy, both as they work to support issuers – small and large; and secondly, deepening understanding and expanding transparency for investors of the importance of these issues.

We were honoured to have Tajinder Singh, Deputy Secretary General of IOSC...

Dr Kaitao Lin, Senior Financial Economist at the WFE, writes about Exchange ESG initiatives and Environmental Performance.

Central to KRX’s approach is the deployment of fundamental market mechanisms and robust price discovery functions. The objective is a significant shift, channeling the pursuit of profitability amongst stakeholders toward the overarching ambition of achieving Net Zero emissions.

While progress has been made in pricing carbon emissions, there is still a long way to go in addressing climate-related challenges. As exchanges, we have a collective responsibility to contribute towards a low-carbon future. By harnessing the power of capital markets, we can contribute to solving the largest market failure and drive real-world decarbonisation.

Chairman Philip Chen discusses the Taipei Exchange's dedication to ESG principles and his determination to promote the sustainable development of the capital market.

Gregor Spilker, CME Group's Director of Metals/Energy Research & Product Development, talks about futures in relation to electric vehicles.

The ESG Annex shall also be applied on a “comply or explain” basis. In addition to gradually engaging issuers in the D&I agenda, this model also preserves transparency and allows access to information on corporate governance so that investors and other stakeholders may engage in dialogue with the issuer’s senior management on ESG matters, and take the information provided into account for their investment decision-making.

EGX is leading by example by being a sustainable institution that issues its annual sustainability report, and for the first time this year, EGX started calculating its carbon footprint and developing a five-year action plan to reduce its GHG emissions.