ASEAN exchanges to identify common ESG metrics
Seven ASEAN stock exchanges have formed a new ESG working group to start working towards a “common sustainability agenda”.
ASEAN Exchanges has formed a new working group, which will begin to identify key ESG metrics in sustainability reporting among member exchanges.
ASEAN Exchanges is a collaboration of seven exchanges – Bursa Malaysia, HNX (Hanoi Stock Exchange), HOSE (Hochiminh Stock Exchange), IDX (Indonesia Stock Exchange), PSE (Philippine Stock Exchange), SGX (Singapore Exchange) and SET (Stock Exchange) from Thailand).
The collaboration aims to promote the growth of the ASEAN capital market by fostering cross-border collaboration, streamlining access to ASEAN, creating ASEAN-centric products and implementing targeted promotional initiatives.
The formation of the ESG working group was announced following the 33rd ASEAN Stock Exchange CEOs Meeting, held last week.
Identifying key ESG metrics in ASEAN trading is part of efforts to establish a “common sustainability agenda”.
ASEAN Exchanges seeks to establish itself as a “top investment choice among investors” and will continue to seek conference and roadshow opportunities where updates on products, regulations, sustainability and more. capital market initiatives can be discussed.