Stock Exchanges and Sustainability Goals: A Commitment to Progress
Résumé
The United Nations sustainable development goals (SDGs) were
introduced in 2015 to achieve a more sustainable future for all. Individuals and
entities from the public and private sectors are required to contribute to
reaching these goals. This paper contributes to the nascent literature on this
topic by investigating the contribution of stock exchanges to achieving the
SDGs. Contrary to previous studies that focus on one or a few dimensions of
the SDGs, we consider all 17 goals. Our analysis based on a large sample of 85
exchanges in the world shows that stock exchanges can contribute to the
realisation of all the SDGs. This study shows exchange managers how they can
make their commitment more effective and it highlights to governments and
regulators the crucial role of stock exchanges in the transition to sustainability.