Exchanges have a fundamental role in building sustainable capital markets. As a meeting point for the diverse players that make up the market, exchanges play a leading role in setting standards and developing good practices that strengthen the capital market and society as a “whole.”.
Santiago Exchange's Commitment
Santiago Exchange´s main purpose is to promote the sustainable development of the capital market, contributing to its solidness, diversification, competitiveness and transparency, in such a way as to facilitate the access of the different sources of financing in all economic sectors and to act towards the growth and development of our country.
Review our Sustainability Policy here
A Sustainable Exchange
November 2014, Santiago Exchange became a UN Sustainable Stock Exchange and joined the World Federation of Exchanges' Sustainable Working Group
Santiago Exchange officially became a part of the Sustainable Stock Exchanges (SSE) initiative. This initiative was created by the United Nations in 2009 to explore how stock exchanges, in collaboration with investors, regulators and legislators, can improve corporate sustainability and promote responsible investment. Fifty-nine partner exchanges participate in the initiative, including New York, London, Frankfurt and Johannesburg. In Latin America, Mexico, Colombia, Brazil and Lima also participate.
The decision to participate in the SSE initiative is in keeping with Santiago Exchange's efforts on sustainability and transparency issues in the financial system, which include diverse initiatives, internal policies, regulations and adopting of international standards.
Similarly, Santiago Exchange joined the World Federation of Exchanges' Sustainable Working Group, a learning platform that allows stock exchanges to work together on environmental, social and corporate governance issues. The initiative allows members around the world to share their progress on sustainability issues, a theme central to successfully creating value in business and creating an environment of confidence and transparency for investors.
More information on SSE and SWG.
March 2016, Participated in UN Global Compact as a Technical Organization in the 2016 Practical Meetings Cycle – Global Compact Transparency Commission – Responsible Investment.
The Global Compact Transparency Commission aims to promote transparency within Chilean companies, entities and educational institutions in order to advance this concept on the basis of one of the Global Compact pillars: Anti-Corruption. In 2016, Santiago Exchange participated as a technical body in five practical sessions on methodology and tools for responsible investment and local capital market sustainability.
These efforts were in addition to the Ring the Bell for Gender Equality ceremony, organized by Santiago Exchange, UN Women and UN Global Compact, which enjoyed the participation of the President of Chile Michelle Bachelet and distinguished authorities. Celebrated on International Women's Day, the event aims to share different visions of the role women play in diversity in the business environment. It seeks to recognize their significant participation in the financial sector as well as the connection between equality and sustainable development.
More information on Global Compact
Transparency Comission Report