The Paris Climate Agreement, which Russia signed in 2016, laid the ideological and legal foundation for a new global redistribution of capital flows in favor of markets that meet the needs of
our time, but without prejudice to future generations. The signing compelled SPB Exchange to further study the topic of ESG. The world’s largest economies - the United States, China, and the
European Union, have already declared their commitment to sustainable development goals and have chosen to pursue carbon neutrality by 2050.
SPB Exchange views ESG as a factor that can radically change the outlook and strategies of many companies in Russia and the rest of the world. ESG in Russia is still at an early stage, but
support from the Bank of Russia has enabled market participants to form their own attitudes towards sustainable development goals and ESG financial products.
SPB Exchange is committed to enable businesses of various sizes and markets to participate in determining the future of the planet through the creation of the necessary infrastructure and
green financial instruments.
In developing ESG objectives, SPB Exchange recognizes issues beyond environmental sustainability. The implementation of social sustainability and governance components are of no less
importance. This includes, among other things, our commitment to gender equality, composition of top management, independence of board members and protection of minority shareholder rights. At
SPB Exchange, we understand that ESG work never stops, and we are fully committed to achieve more in the future years of operation.