Sustainable Trading adds seven new members as network continues to gain momentum
Barclays, Liquidnet, Mizuho International, Rand Merchant Bank, Schroders, State Street and Telehouse are the latest names to join the non-profit industry initiative.
Barclays, Liquidnet, Mizuho International, Rand Merchant Bank, Schroders, State Street and Telehouse are the latest names to join the non-profit industry initiative.
Latest move will aid clients in implementing environmentally conscious business practices, managing risk effectively and achieving regulatory compliance.
TP ICAP, Liquidnet’s parent company, said the move “solidified” its wider ambition for the broker’s energy transition.
The move will allow MIM to expand its sustainable investment solutions for institutional clients and help deliver long-term risk adjusted returns.
The amendments come as part of the EU’s objective to meet the UN Sustainable Development Goals, but data suggests many firms are struggling to meet the compliance requirements.
The industry network has added 11 new members, dedicated to driving positive ESG change across financial markets.
Led by industry veteran Duncan Higgins, the network will focus on devising trading focused ESG solutions including developing a self-assessment and benchmarking mechanism.