Membership in the Sustainable Stock Exchanges (SSE) Initiative
Convinced that corporate activities generate not only economic and financial impacts but also non-financial ones — and recognizing the growing importance of ESG practices and reporting in investment decisions — the Tunis Stock Exchange joined the United Nations Sustainable Stock Exchanges (SSE) Initiative on October 25, 2015.
Launched in 2009, this initiative now brings together more than 100 stock exchanges worldwide. Its mission is to explore ways of fostering collaboration among financial markets, investors, regulators, and companies with a dual objective: improving transparency regarding environmental, social, and governance (ESG) issues, and promoting responsible short- and long-term investment.
ESG Reporting Guide
The Tunis Stock Exchange ESG Reporting Guide presents the principles of the United Nations Sustainable Stock Exchanges (SSE) Initiative and explains the basic concepts and usefulness of the Corporate Social Responsibility (CSR) and ESG Reporting approach. It also provides practical recommendations for implementation while allowing companies sufficient flexibility to reflect their specific priorities and characteristics.
It is intended for board members, executives, and managers of listed companies, as well as for stakeholders (auditors, employee representatives, shareholders, investors, etc.). The guide aims to highlight the value of ESG reporting — for the companies themselves, for their stakeholders, and for society as a whole.
The guide proposes an indicator matrix for a progressive extra-financial reporting approach covering environmental, social, and governance (ESG) aspects. It is based on the Global Reporting Initiative (GRI) standards, the World Federation of Exchanges (WFE) recommendations, the 17 United Nations Sustainable Development Goals (SDGs), and their national adaptation through the National Governance Framework (RNG).
Net-Zero Alliance
The Tunis Stock Exchange has joined the Net-Zero Alliance for Financial Service Providers, initiated by the Sustainable Stock Exchanges Initiative.
The Net-Zero Alliance is a sustainable finance initiative that brings together various financial market participants in a collective commitment to achieve net-zero emissions by 2050.
Main Objectives:
·Promote credible progress toward a global net-zero economy by 2050..
·Provide a standardized understanding of what it means to align with the 1.5°C and net-zero targets.
·Present approaches for implementing commitments among participating financial institutions.
This initiative currently brings together 35 financial service providers, including 23 stock exchanges.
