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ABU DHABI / WAM
Abu Dhabi Securities Exchange (ADX) on Wednesday announced that it is now a ‘partner exchange’ of the United Nations Sustainable Stock Exchanges (SSE) initiative, to promote sustainability and transparency in capital markets.
The initiative is a peer-to-peer learning platform that enables exchanges, in collaboration with investors, regulators and companies, to enhance corporate transparency, environmental, social and corporate governance processes, as well as encourage sustainable investment.
The move is in line with ADX’s strategy to create a sustainable trading environment and launch initiatives that encourage the business community to embrace sustainable development practices. It also reaffirms the exchange’s commitment to spur long-term sustainable investment, as well as improved environmental, social and corporate governance disclosure, while enhancing performance amongst listed companies.