IMKB Supports “Sustainable Stock Exchanges Initiative”

19/06/2012

İMKB Chairman & CEO İbrahim M. TURHAN participated in the Sustainable Stock Exchanges (SSE) 2012 Global Dialogues meeting organized jointly by the United Nations Global Compact, United Nations Conference on Trade and Development (UNCTAD), UN Principles for Responsible Investment (PRI), and United Nations Environment Programme (UNEP) Finance Initiative.

By a joint press conference held in Rio de Janeiro on June 18, İMKB, NASDAQ OMX, BM&FBOVESPA, Johannesburg Stock Exchange, and the Egyptian Exchange announced a commitment to promote long-term, sustainable investment in their markets. These leading exchanges, with over 4,600 traded companies in developed and emerging markets, have committed to work with investors, companies and regulators to promote long-term sustainable investment and improved environmental, social and corporate governance disclosure and performance among companies listed on their exchange.

“We believe that stock exchanges have to play a vital role in encouraging the companies to apply environmental, social and governance (ESG) practices to create a responsible investment environment where investors could reward sustainability sensitive companies. Therefore, we strongly support SSE initiative and invite other exchanges to be part of it”, said İMKB Chairman & CEO İbrahim M. TURHAN.