WSE’s socially responsible approach to business is corroborated by the inclusion of the Company as of December 2013 in the RESPECT index.
The business strategy of Warsaw Stock Exchange is pursued in a responsible and transparent manner, in co-operation and in dialogue with all major stakeholder groups. The Company carries out its operations taking into account social, ethical and environmental factors. The main motivation for the pursued CSR policy is to improve the quality of the Polish capital market, among others by means of educational programmes, promotion of the highest standards of corporate governance and communication, and support for co-operation and active dialogue with and among market participants.
WSE’s socially responsible approach to business is corroborated by the inclusion of the Company as of December 2013 in the RESPECT index of WSE-listed companies which follow the highest CSR standards. The RESPECT Index Project has been present on the Polish market since 2009 in order to identify companies managed in a responsible and sustainable manner but it also emphasises the advantages of companies which provide high quality reporting, investor relations and communication as an investment. Seven editions of the survey have been completed to date with 16 to 23 companies included in the index portfolio at each time.
The Exchange has joined the Sustainable Stock Exchanges (SSE), a UN initiative of global exchanges which promote the development of corporate social responsibility and sustainable development on their home capital markets. SSE was created in 2009 by the United Nations to exchange members’ experience in the development and promotion of corporate social responsibility and responsible investment among investors, public companies, regulators and capital market infrastructure institutions.
WSE is the ninth exchange to join SSE, the first one in Central and Eastern Europe, and the first in the European Union outside exchange groups. The existing participants of the initiative include NYSE-Euronext, NASDAQ OMX and BM&FB Bovespa (Brazil).