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CDSB and SSE announce intention to collaborate on capacity building initiatives

The joint capacity building activities for stock exchanges and regulators will help strengthen the support activities for climate-related disclosures and green finance.

November 16th 2020 – CDSB and the Sustainable Stock Exchanges (SSE) initiative have today announced an exchange of letters outlining an intention to further strengthen ongoing collaboration on issues related to responsible investment with a view to developing joint capacity building activities. We will continue and expand our efforts to build capacity and provide technical assistance to stock exchanges and regulators in emerging markets on corporate environmental disclosure. For a discussion on the topic go and watch the recording of our “Sustainable Stock Exchanges” event, with contributions from London and Johannesburg stock exchanges.

Mardi McBrien, Managing Director of the Climate Disclosure Standards Board (CDSB) said: “As the bedrock of capital markets, we have seen the transformative role stock exchanges have played in supporting businesses and their investors to transition to sustainable practices. We are delighted to strengthen our partnership with the SSE to scale up technical assistance and training to exchanges globally, supporting them with the tools and training their markets need to create environmentally and financially resilient markets.”

“As we prepare for COP26 next year, we are strengthening our support activities for climate disclosure and green finance,” said James Zhan, Chair of the SSE Governing Board and Director of Investment and Enterprise at UNCTAD. “The SSE's new strategic partnership with CDSB will improve the technical assistance we provide to stock exchanges and further support the market for green investment.”

The anouncement of collaboration was made on 16 November, 2020 at the London Climate Action Week online event.