Building responsible capital markets
This executive dialogue will bring together CEOs of stock exchanges, large institutional investors and issuers, along with senior securities regulators, to examine how stock exchanges can promote sustainable business practices and responsible capital markets. The dialogue is co-organized by UNCTAD, the Global Compact and the Principles for Responsible Investment.
Funding the best balance between voluntary exchange-led initiatives and regulation
This session looks at how individual markets can find the best balance between voluntary and regulatory initiatives to strengthen ESG practices among listed companies. ESG frameworks in most countries are a mixture of voluntary recommendations and regulatory requirements. Achieving the best balance between these two policy tools can depend on a market’s specific circumstances.
This session will address the following questions
- Are there certain subjects that should always be addressed through voluntary initiatives or through regulation? Is there a third way: voluntary requirements?
- What is the appropriate role for regulators and what should be left to investors or stock exchanges?
- Is there a difference between enforcing standards of reporting and standards of behaviour?