The Egyptian Exchange (EGX) had the pleasure to welcome distinguished participants to EGX Sustainability Conference 2015. As sustainability is gaining momentum in achieving development with the announcement of the 2030 Global Sustainability Development Goals (SDGs) that will be built upon the achievements of the Millennium Development Goals and seek to address their unfinished business in three major dimensions - economic, social and environmental - in a balanced and integrated manner.
The increasing importance of sustainability in financial markets, with the inclusion of the 8th goal of SDGs "Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all", will be focused on the role of governments and institutions to "Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all".
We can proudly say that EGX is one of the first international players to support sustainability in our field. In March 2010, The Egyptian Exchange (EGX) was the first stock market in the MENA region and second worldwide to launch the sustainability index S&P/EGX ESG Index. EGX is an active member of UN-Sustainable Stock Exchange Initiative (SSE) since 2012 where EGX contributed to the launching of the initiative and signed with other 4 exchanges on the SSE commitment to promote and enhance sustainability in capital markets. EGX also is an active member in the WFE - Sustainability Working Group (SWG) since 2014.
Building on this, EGX has taken advantage of its ability to access a large segment of the investment community to raise awareness about this important issue.
Mohammed Omran, Ph.D.
Chairman of The Egyptian Exchange (EGX)
Chairman of the Federation of Euro-Asian Stock Exchanges (FEAS)