Stock exchanges can contribute to the growth of the ESG market by:

Stock exchanges play a critical role in enhancing ESG transparency by mandating or encouraginghigher ESG disclosure standardsfor listed companies. This helps investors accessmaterial ESG informationfor better decision-making.

“Stock exchanges can increase disclosure requirements on ESG data by listed companies (as encouraged by the Sustainable Stock Exchange Initiative).”

While they may support ESG-related products, such as green bonds, theircore contributionlies inregulatory influenceover disclosures.