The Trinidad and To­ba­go Stock Ex­change Lim­it­ed has for­mal­ly joined the Unit­ed Na­tions Sus­tain­able Stock Ex­changes ini­tia­tive.

This an­nounce­ment con­firms the ex­change’s mem­ber­ship in the glob­al net­work of over 130 stock ex­changes com­mit­ted to sus­tain­able fi­nance and re­spon­si­ble in­vest­ment.

Chief Ex­ec­u­tive Of­fi­cer Eva Mitchell stat­ed that the Trinidad and To­ba­go Stock Ex­change aims to use this mem­ber­ship to ad­vance En­vi­ron­men­tal, So­cial, and Gov­er­nance prac­tices across the cap­i­tal mar­ket in Trinidad and To­ba­go and the wider re­gion. She said the part­ner­ship with the Unit­ed Na­tions ini­tia­tive gives the ex­change ac­cess to in­ter­na­tion­al best prac­tices, re­sources, and col­lab­o­ra­tion with oth­er ex­changes world­wide.

Chief Ex­ec­u­tive Of­fi­cer Mitchell said the ex­change’s in­volve­ment in the ini­tia­tive re­flects its re­spon­si­bil­i­ty as the sole stock ex­change in Trinidad and To­ba­go. She said the ex­change ac­knowl­edges its po­si­tion with­in a Small Is­land De­vel­op­ing State and its du­ty to sup­port sus­tain­able fi­nanc­ing and long-term mar­ket de­vel­op­ment.

Mem­ber­ship in the Unit­ed Na­tions Sus­tain­able Stock Ex­changes ini­tia­tive is in­tend­ed to strength­en the ex­change’s role in guid­ing list­ed com­pa­nies to­ward stronger En­vi­ron­men­tal, So­cial, and Gov­er­nance dis­clo­sures and frame­works.

The Unit­ed Na­tions Sus­tain­able Stock Ex­changes ini­tia­tive pro­motes sus­tain­abil­i­ty in fi­nan­cial mar­kets. The ini­tia­tive works with stock ex­changes to im­prove trans­paren­cy and build con­fi­dence among in­vestors through re­spon­si­ble in­vest­ment prac­tices.

The Trinidad and To­ba­go Stock Ex­change stat­ed that it re­mains fo­cused on en­cour­ag­ing greater ESG align­ment across sec­tors. It said it in­tends to work with stake­hold­ers across Trinidad and To­ba­go and the wider Caribbean re­gion in fur­ther­ing the goals of sus­tain­able fi­nance.

The ex­change al­so not­ed that Small Is­land De­vel­op­ing States such as Trinidad and To­ba­go face dis­tinct is­sues re­lat­ed to cli­mate vul­ner­a­bil­i­ty, eco­nom­ic re­silience, and so­cial de­vel­op­ment. It said that par­tic­i­pa­tion in the Unit­ed Na­tions Sus­tain­able Stock Ex­changes ini­tia­tive sup­ports ef­forts to ad­dress these chal­lenges by in­te­grat­ing sus­tain­abil­i­ty in­to cap­i­tal mar­ket ac­tiv­i­ty.

The Trinidad and To­ba­go Stock Ex­change has said it will en­gage with com­pa­nies, in­vestors, and reg­u­la­tors to con­tribute to the shared ob­jec­tives of the glob­al ini­tia­tive.

The ex­change said it ex­pects to ben­e­fit from the tools and guid­ance of­fered by the ini­tia­tive and plans to con­tin­ue align­ing it­self with sus­tain­able fi­nance prin­ci­ples.