By Sue-Ann Wayow
THE Trinidad and Tobago Stock Exchange Limited (TTSE) has become the newest member of the United Nations Sustainable Stock Exchanges (UN SSE) initiative, dedicated to promoting sustainable finance and responsible investment.
This milestone marks an important step forward for the TTSE – the primary stock exchange in Trinidad and Tobago, as the exchange reinforces its commitment to advancing Environmental, Social, and Governance (ESG) practices within local and regional capital markets, a release from the TTSE stated on Wednesday.
Membership in the UN SSE initiative provides TTSE with direct access to a global platform of resources, best practices, and collaboration opportunities with over 130 stock exchanges worldwide.
TTSE’s Chief Executive Officer Eva Mitchell said, “Joining the UN Sustainable Stock Exchanges initiative demonstrates our commitment to advancing the exchange towards sustainable practices and platforms in environmental, social and governance. This will be possible with access to the excellent work of the UN SSE initiative and collaboration with other exchanges.
“As the only exchange in the Republic of Trinidad and Tobago, one of the Small Island Developing States in the Caribbean, we have a pivotal role in the economic well-being of our nation and are committed to supporting sustainable financing initiatives in our region.”
Small Island Developing States (SIDS) like Trinidad and Tobago face unique challenges related to climate vulnerability, economic resilience, and social equity.
By joining the UN SSE, TTSE affirmed its dedication to supporting sustainable economic growth, encouraging greater ESG disclosure among listed companies, and enabling the local capital market to play a central role in the transition to a more sustainable and inclusive economy, the release stated.
The United Nations SSE initiative works with exchanges globally to promote sustainability, enhance market transparency, and build investor confidence through responsible investment practices.
The release stated, “The TTSE looks forward to actively contributing to this mission and partnering with stakeholders across Trinidad and Tobago and the wider Caribbean to advance sustainable finance.”
