Securities Finance Industry News | Sustainable Trading adds 11 companies to its member network
Sustainable Trading, the non-profit organization created to change ESG practices in the trading industry, welcomed 11 additional financial services organizations to its membership network.
The 11 additional companies are Capital Group, Cboe Europe, Citi, Cowen, Fidelity International, Fidelity Management & Research Company, Goldman Sachs Asset Management, Goodbody, Northern Trust, Verne Global and Wellington Management.
The companies have all collectively committed to driving positive ESG change in their own businesses, expanding Sustainable Trading’s membership base to 41 financial services organizations.
Sustainable Trading will also oversee a benchmarking and transparency framework to enable clear and effective communication of progress on best practices, with the aim of facilitating a philosophy of continuous ESG improvement.
Sustainable Trading membership is open to all financial market participants engaged in trading activities or providing trading-related services.
Commenting on the initiative, Duncan Higgins, Founder and Director of Sustainable Trading, said: “We are delighted to welcome this prestigious group of companies into sustainable trading.
“Their enthusiasm to participate and their commitment to offer time, resources and expertise reflect the growing importance of ESG considerations in corporate decision-making frameworks. This spirit of collaboration will accelerate the pace of ESG change within the trading industry.