Dubai: The Dubai Financial Market (DFM) said on Wednesday it has become a Partner Exchange member of the United Nation’s Sustainable Stock Exchanges (SSE) initiative, as part of a global effort to promote sustainability of performance and transparency in capital markets.
As a member, the DFM joins an international push to spearhead sustainability practices among capital markets.
“Since its inception in the year 2000 and through its momentous journey, [the] DFM has been playing a pivotal role as a dynamic driving force for the development of the capital markets sector in the Middle East. The DFM has implemented numerous initiatives that significantly strengthened transparency, corporate governance and sustainability for market participants and the DFM as a publicly listed company,” Essa Kazim, DFM chairman, said in a statement.
The DFM will take part in the SSE’s upcoming Global Dialogue scheduled to take place in Singapore on September 6, with the aim to share best practices on sustainability and capital markets.
The Dialogue will build on the launch of the United Nations Sustainable Development Goals and the outcomes of the United Nations Paris Summit on Climate Change.
The 2016 SSE Global Dialogue will provide a platform for stock exchanges to meet with their peers and stakeholders to evaluate the impact of new global sustainable development on capital markets.
