Sustainable Trading, the non-profit organisation initiated to change ESG practices in the trading industry, has welcomed an additional 11 financial services organisations into its membership network.
The additional 11 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 firms have all collectively committed to driving positive ESG change in their own businesses, expanding Sustainable Trading’s group of members to 41 financial services organisations.
Sustainable Trading will also oversee a benchmarking and transparency framework to enable clear and efficient communication of progress on best practice, in an effort to facilitate an ethos of continuous ESG improvement.
Membership of Sustainable Trading is open to all financial market participants engaged in trading activity or providing trading-related services.
Commenting on the initiative, Duncan Higgins, founder and director of Sustainable Trading, says: “We are delighted to welcome this prestigious group of firms to sustainable trading.
“Their enthusiasm to participate, and their commitment to contributing time, resources and expertise, reflects the increasing importance of ESG considerations in firms’ decision-making frameworks. This spirit of collaboration will accelerate the pace of ESG change within the trading industry.”
