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BNA Snapshot
NYSE Euronext Joins U.N.
Sustainability Initiative
Key Development: NYSE
Euronext joins a U.N.
initiative to promote
corporate sustainability
reporting and responsible
investment by companies
listed on stock exchanges
worldwide.
Potential Impact: U.N.
Secretary-General Ban
Ki-moon urged other stock
exchanges around the
world to follow NYSE
Euronext's lead in
committing to
sustainability.
What's Next: The
announcement sets the
stage for a discussion of
sustainability-oriented
listing guidelines at the
next annual meeting of the
World Federation of
Exchanges (WFE).
Daily Environment Report™
Source: Daily Environment Report: News Archive > 2013 > July > 07/25/2013 > News > Sustainability: NYSE Euronext
Joins United Nations Effort To Promote Sustainable Stock Exchanges
143 DEN A-16
Sustainability
NYSE Euronext Joins United Nations Effort
To Promote Sustainable Stock Exchanges
By Andrea Vittorio
The company that operates the New York Stock Exchange and other exchanges
in the United States and Europe joined a United Nations initiative July 24 to
promote corporate sustainability reporting and responsible investment by listed
companies worldwide.
NYSE Euronext is the eighth organization to become a part of the
initiative, joining NASDAQ OMX, the Johannesburg Stock Exchange (JSE),
and others that represent more than 13,000 listed companies.
The Sustainable Stock Exchanges (SSE) initiative was established in 2009
to explore how exchanges can work together with investors, regulators,
and companies to enhance transparency and performance on
environmental, social, and corporate governance issues and encourage
responsible long-term approaches to investment.
U.N. Secretary-General Ban Ki-moon, who rang the closing bell of the
New York Stock Exchange to commemorate the occasion, commended
NYSE Euronext for its commitment to sustainability and encouraged other
stock exchanges to follow its lead.
“The addition of the world's largest stock exchange to this group is a
significant forward step, signalling the importance and relevance of
sustainability to the private sector around the world,” he said. “But the
world will need more exchanges, investors, and companies to join forces
with governments and civil society if we are to achieve a more equitable,
prosperous, and sustainable future.”
As a partner to the initiative, NYSE Euronext will be asked to document its
progress by preparing “fact sheets” on its environmental, social, and
corporate governance activities.
NYSE Euronext ‘Walks the Talk.'
Mike Wallace, director of the Global Reporting Initiative's Focal Point USA,
told BNA in an email July 24 that the SSE partnership is the latest step in
NYSE Euronext's commitment to “walk the talk” when it comes to
promoting sustainability among listed companies.
NYSE Euronext released its own sustainability report in 2010, using GRI's
standards. GRI develops the most widely used sustainability reporting framework in the world (100
DEN A-6, 5/23/13).
NYSE Euronext has also been included for several years in key sustainability indices, including the Dow
Jones Sustainability Index.
Daily Environment Report http://news.bna.com/deln/display/batch_print_display.adp
1 of 2 7/26/13 7:35 AM
“As the only carbon neutral global exchange group, we are proud to join the SSE initiative and partner
with the U.N. and our industry to support best practices in corporate governance and transparency
related to corporate sustainability,” NYSE Euronext CEO Duncan Niederauer said in a statement.
‘Tea Leaves' Not Hard to Read
The announcement also sets the stage for a discussion of sustainability-oriented listing guidelines at
the next annual meeting of the World Federation of Exchanges (WFE) in October, Wallace said.
“The ‘tea leaves' are not that hard to read here,” Wallace said, pointing to increasing actions being
taken by the SSE initiative and others such as Ceres' Investor Network on Climate Risk. “October will
be an interesting meeting of the WFE.”
A group of global stock exchanges is working on a proposal to be presented at the WFE meeting that
would require companies to publish certain sustainability information before being listed on stock
exchanges (68 DEN A-1, 4/9/13).
Some stock exchanges have already adopted sustainability listing requirements. Companies listed on
the Johannesburg Stock Exchange, for example, must disclose sustainability information or explain
why they do not.
Contact us at http://www.bna.com/contact/index.html or call 1-800-372-1033
ISSN 1521-9402
Copyright © 2013, The Bureau of National Affairs, Inc.. Reproduction or redistribution, in whole or in part,
and in any form, without express written permission, is prohibited except as permitted by the BNA Copyright
Policy. http://www.bna.com/corp/index.html#V
Daily Environment Report http://news.bna.com/deln/display/batch_print_display.adp
2 of 2 7/26/13 7:35 AM

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Bna article july 25, 2013

  • 1. BNA Snapshot NYSE Euronext Joins U.N. Sustainability Initiative Key Development: NYSE Euronext joins a U.N. initiative to promote corporate sustainability reporting and responsible investment by companies listed on stock exchanges worldwide. Potential Impact: U.N. Secretary-General Ban Ki-moon urged other stock exchanges around the world to follow NYSE Euronext's lead in committing to sustainability. What's Next: The announcement sets the stage for a discussion of sustainability-oriented listing guidelines at the next annual meeting of the World Federation of Exchanges (WFE). Daily Environment Report™ Source: Daily Environment Report: News Archive > 2013 > July > 07/25/2013 > News > Sustainability: NYSE Euronext Joins United Nations Effort To Promote Sustainable Stock Exchanges 143 DEN A-16 Sustainability NYSE Euronext Joins United Nations Effort To Promote Sustainable Stock Exchanges By Andrea Vittorio The company that operates the New York Stock Exchange and other exchanges in the United States and Europe joined a United Nations initiative July 24 to promote corporate sustainability reporting and responsible investment by listed companies worldwide. NYSE Euronext is the eighth organization to become a part of the initiative, joining NASDAQ OMX, the Johannesburg Stock Exchange (JSE), and others that represent more than 13,000 listed companies. The Sustainable Stock Exchanges (SSE) initiative was established in 2009 to explore how exchanges can work together with investors, regulators, and companies to enhance transparency and performance on environmental, social, and corporate governance issues and encourage responsible long-term approaches to investment. U.N. Secretary-General Ban Ki-moon, who rang the closing bell of the New York Stock Exchange to commemorate the occasion, commended NYSE Euronext for its commitment to sustainability and encouraged other stock exchanges to follow its lead. “The addition of the world's largest stock exchange to this group is a significant forward step, signalling the importance and relevance of sustainability to the private sector around the world,” he said. “But the world will need more exchanges, investors, and companies to join forces with governments and civil society if we are to achieve a more equitable, prosperous, and sustainable future.” As a partner to the initiative, NYSE Euronext will be asked to document its progress by preparing “fact sheets” on its environmental, social, and corporate governance activities. NYSE Euronext ‘Walks the Talk.' Mike Wallace, director of the Global Reporting Initiative's Focal Point USA, told BNA in an email July 24 that the SSE partnership is the latest step in NYSE Euronext's commitment to “walk the talk” when it comes to promoting sustainability among listed companies. NYSE Euronext released its own sustainability report in 2010, using GRI's standards. GRI develops the most widely used sustainability reporting framework in the world (100 DEN A-6, 5/23/13). NYSE Euronext has also been included for several years in key sustainability indices, including the Dow Jones Sustainability Index. Daily Environment Report http://news.bna.com/deln/display/batch_print_display.adp 1 of 2 7/26/13 7:35 AM
  • 2. “As the only carbon neutral global exchange group, we are proud to join the SSE initiative and partner with the U.N. and our industry to support best practices in corporate governance and transparency related to corporate sustainability,” NYSE Euronext CEO Duncan Niederauer said in a statement. ‘Tea Leaves' Not Hard to Read The announcement also sets the stage for a discussion of sustainability-oriented listing guidelines at the next annual meeting of the World Federation of Exchanges (WFE) in October, Wallace said. “The ‘tea leaves' are not that hard to read here,” Wallace said, pointing to increasing actions being taken by the SSE initiative and others such as Ceres' Investor Network on Climate Risk. “October will be an interesting meeting of the WFE.” A group of global stock exchanges is working on a proposal to be presented at the WFE meeting that would require companies to publish certain sustainability information before being listed on stock exchanges (68 DEN A-1, 4/9/13). Some stock exchanges have already adopted sustainability listing requirements. Companies listed on the Johannesburg Stock Exchange, for example, must disclose sustainability information or explain why they do not. Contact us at http://www.bna.com/contact/index.html or call 1-800-372-1033 ISSN 1521-9402 Copyright © 2013, The Bureau of National Affairs, Inc.. Reproduction or redistribution, in whole or in part, and in any form, without express written permission, is prohibited except as permitted by the BNA Copyright Policy. http://www.bna.com/corp/index.html#V Daily Environment Report http://news.bna.com/deln/display/batch_print_display.adp 2 of 2 7/26/13 7:35 AM