Dr. Mohammad Omran, The Egyptian Exchange (EGX) Chairman left to Singapore invited by the United Nations Sustainable Stock Exchanges initiative to participate in "The Global Dialogue For Stock Markets" activities.
The event is organized this year in Singapore during the period 5-6 September to review the most important international experiences in the field of sustainable development of capital markets, as the conference addresses the role of stock markets to support the effective disclosure mechanisms for listed companies about sustainability thus to attract investors.
EGX Chairman participation is about "The role of stock exchanges to support in achieving the sustainable developmen goals" with the purpose to review the most important achievements of EGX in that area and the opportunities to improve and develop sustainability in the financial markets.
He will also attend on the sidelines of that event the joint meeting between the United Nations Initiative for Sustainable Stock Exchanges and the Sustainability Committee of the World Federation of Exchanges, called by EGX through its active participation in the two initiatives.
The meeting will include the most important developments of the joint work and the ways to coordinate efforts between the initiatives; moreover the mechanisms to activate the stock exchanges’ role to support (the green finance) tools and products.
The meetings are attended by a number of global stock markets’ heads as well as a large number of finance experts, investment officials and financial institutions concerned to invest in green financing tools.
Dr. Omran stressed on the importance of the stock exchanges’ support for the effective disclosure of sustainability mechanisms in light of the growing interest from the financial institutions and investment funds concerned with green and responsible investment for the availability of data and information about the listed companies’ performance in the various sustainability aspects, specially the environmental and community matters and the good governance.
It is scheduled that EGX will review during its participation the efforts performed to expand the application of sustainable development initiatives in which it has participated both at the local level with various market parties or at the international level with a large number of countries and international organizations.