Thursday, December 2, 2010

Sustainablility Indexes Proliferate in Emerging Stock Markets

Mexico is the latest country to create a benchmark on sustainability performance for investors as demand for sustainable investment products explodes in emerging markets. The Bolsa Mexicana de Valores’ (Mexican Stock Exchange, MSE) sustainability index will be formally launched at this week’s United Nations Climate Change Conference in CancĂșn.

Thus far in 2010, the Istanbul Stock Exchange (ISE) and the Brazilian Stock Exchange (BM&FBOVESPA) have signed the UNPRI and several stock exchanges have launched SRI/Sustainability indices including the Indonesia Stock Exchange (the KEHATI-SRI Index), the Shanghai Stock Exchange (Social Responsibility Index), and the Egyptian Exchange (S&P/EGX ESG Index). The Johannesburg Stock Exchange, as part of its implementation of the PRI (UN Principles for Responsible Investment), has upgraded its ESG reporting requirements to include integrated reporting on a ‘comply or explain’ basis, making South Africa the first country to mandate the disclosure of financial and non-financial performance in one integrated report for all listed companies. Read More at Responsible-Investor.com

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