The Ghana Stock Exchange (GSE) has solidified its commitment to transparency and sustainability by becoming a partner exchange of the UN sustainable stock exchange initiative.
The newest partner joins a network of now 116 stock exchanges and 13 derivatives exchanges around the world that are committed to promoting sustainable development.
The SSE works with exchanges through technical assistance, consensus building, and research to contribute to the achievement of the United Nations Sustainable Development Goals (SDGs) and to stimulate investment for a sustainable future.
Exchanges around the world partner with the SSE to work towards a common objective of fostering financial markets that support the growth of sustainable and responsible business practices.
Mr. Ekow Afedzie, Managing Director of Ghana Stock Exchange said: “Joining the UN Sustainable Social Exchange initiative could not have come at a better time when there is a global trend towards sustainability-themed products by most Exchanges across the world to support Environmental, Social, and Governance Initiatives (ESG).
Being part of this initiative further reinforces our commitment to ESG following the recent approval of Green Bond and Sustainability-themed product rules in the Ghanaian capital market.”
Established thirty-one years ago, the Ghana Stock Exchange has played a significant role in the country’s economic growth.
It was established with the mission to be a relevant, significant, efficient, and effective tool for capital mobilization and wealth creation. Just as other markets in Africa, the stock market has emerged as a major provider of investment capital inflow in Ghana. It operates three namely, the equity market which is the main Market, the Ghana Fixed Income Market (GFIM) which is the Bonds Market and the Ghana Alternative Market (GAX) which is the Market for Small and Medium businesses.