The Trinidad and To­ba­go Stock Ex­change Ltd (TTSE) has be­come the newest mem­ber of the Unit­ed Na­tions Sus­tain­able Stock Ex­changes (UN SSE) ini­tia­tive.

The TTSE an­nounced its for­mal com­mit­ment to the UN SSE in a news re­lease on Wednes­day, stat­ing the or­gan­i­sa­tion was please to be­come “the newest mem­ber of this glob­al net­work ded­i­cat­ed to pro­mot­ing sus­tain­able fi­nance and re­spon­si­ble in­vest­ment.”

Eva Mitchell, Chief Ex­ec­u­tive Of­fi­cer of the TTSE said, “Join­ing the UN Sus­tain­able Stock Ex­changes ini­tia­tive demon­strates our com­mit­ment to ad­vanc­ing the ex­change to­wards sus­tain­able prac­tices and plat­forms in En­vi­ron­men­tal, So­cial and Gov­er­nance. This will be pos­si­ble with ac­cess to the ex­cel­lent work of the UN SSE ini­tia­tive and col­lab­o­ra­tion with oth­er ex­changes.”

She added, “As the on­ly ex­change in the Re­pub­lic of Trinidad and To­ba­go, one of the Small Is­land De­vel­op­ing States in the Caribbean, we have a piv­otal role in the eco­nom­ic well-be­ing of our na­tion and are com­mit­ted to sup­port­ing sus­tain­able fi­nanc­ing ini­tia­tives in our re­gion.”

The news ex­plained that mem­ber­ship in the UN SSE ini­tia­tive pro­vides TTSE with di­rect ac­cess to a glob­al plat­form of re­sources, best prac­tices, and col­lab­o­ra­tion op­por­tu­ni­ties with over 130 stock ex­changes world­wide.

The TTSE said, “Small Is­land De­vel­op­ing States (SIDS) like Trinidad and To­ba­go face unique chal­lenges re­lat­ed to cli­mate vul­ner­a­bil­i­ty, eco­nom­ic re­silience, and so­cial eq­ui­ty. By join­ing the UN SSE, TTSE af­firms its ded­i­ca­tion to sup­port­ing sus­tain­able eco­nom­ic growth, en­cour­ag­ing greater ESG dis­clo­sure among list­ed com­pa­nies, and en­abling the lo­cal cap­i­tal mar­ket to play a cen­tral role in the tran­si­tion to a more sus­tain­able and in­clu­sive econ­o­my.”

Ac­cord­ing to the re­lease, the Unit­ed Na­tions SSE ini­tia­tive works with ex­changes glob­al­ly to pro­mote sus­tain­abil­i­ty, en­hance mar­ket trans­paren­cy, and build in­vestor con­fi­dence through re­spon­si­ble in­vest­ment prac­tices. The TTSE said it looked for­ward to ac­tive­ly con­tribut­ing to this mis­sion and part­ner­ing with stake­hold­ers across Trinidad and To­ba­go and the wider Caribbean to ad­vance sus­tain­able fi­nance.