Sustainable Trading has strengthened its membership network with seven new firms from across the trading industry.
These include Barclays, Liquidnet, Mizuho International, Rand Merchant Bank, Schroders, State Street and Telehouse, bringing the total number to 41.
The group said that together the members represent the full spectrum of financial markets trading participants and are committed to driving positive E, S and G change in both their organisations and across the industry.
“It’s a great pleasure to welcome such a diverse and prestigious group of firms to Sustainable Trading, as we continue to grow our global presence,” said founder and director Duncan Higgins.
He added, “We look forward to including them in the steering and working groups already in place, helping to define industry standards and accelerate the pace of change for E, S and G within the trading industry.”
Launched six months ago, Sustainable Trading, a non-profit membership network, aims to transform environmental, social and governance (ESG) practices within the financial markets trading industry.
The network brings firms together to devise practical solutions to industry-specific ESG issues as well as providing a mechanism for self-assessment and benchmarking.
The goal is to define a portfolio of best practices tailored to the trading industry.
The group sad it has made significant progress with participating members sharing their valuable experience and expertise as well as exploring opportunities within the people, process and technology that underpins financial markets.
Within the workstreams, specialist sub-groups are undertaking a detailed assessment of the practical issues currently being faced by the industry and researching good practices underway within member firms, as an input to the development of the industry best practices.
Sustainable Trading has also recently welcomed two member engagement consultants who will support its delivery workstreams and work with both existing and prospective members.
