The South Pacific Stock Exchange has officially joined the United Nations Sustainable Stock Exchanges initiative, becoming part of a global network of over 130 stock exchanges committed to advancing sustainable development through responsible investment and finance.
The exchange says this reflects its growing commitment to building a market that not only supports economic growth but also aligns with Fiji’s broader social and environmental goals.
This strategic move comes as small island developing states like Fiji face increasing climate change risks and the urgent need for economic resilience.
SPX CEO Sheraj Obeyesekere says this is a timely and important step as they build a market that not only supports economic growth but also drives responsible and inclusive development.
The CEO says for the Pacific which is one of the regions most vulnerable to climate change, embedding sustainability is not just good governance, but a necessity for resilience and long-term value creation.
Through the UN SSE platform, SPX will gain access to international resources, best practices, and peer exchange opportunities that will support key areas such as green finance, sustainability reporting, and stakeholder engagement.
The Trinidad and Tobago Stock Exchange was also admitted alongside SPX, marking a significant milestone for stock exchanges in island nations.
Both exchanges are expected to play a critical role in integrating sustainability into their market practices and supporting listed companies with environmental, social, and governance disclosures.
Chief Coordinator of the UN SSE Anthony Miller says they are delighted to welcome TTSE and SPX to the UN SSE family.
He says their participation highlights the growing momentum among exchanges in small island states to harness sustainable finance as a tool for resilience, innovation, and inclusive development.
The UN SSE initiative, coordinated by UNCTAD, the UN Global Compact, UNEP Finance Initiative, and the Principles for Responsible Investment , provides a global platform for exchanges to collaborate with investors, regulators, companies, and policymakers to promote sustainable investment practices and support the financing of the UN Sustainable Development Goals.
