Goldman Sachs, Citi, Fidelity Among New Firms Joining Sustainable Trading Initiative
ESG-focused financial markets industry network Sustainable Trading announced today the addition of 11 new companies into its membership. New members include Capital Group, Cboe Europe, Citi, Cowen, Fidelity International, Fidelity Management & Research Company, Goldman Sachs Asset Management, Goodbody, Northern Trust, Verne Global and Wellington Management.
Founded in February 2022, Sustainable Trading aims to transform ESG practices within the financial markets trading industry. With the new additions, the network now includes over 40 firms, with members joining working groups address topics including assessing the environmental impact of building, maintaining and operating trading infrastructure, influencing positive change by increasing the understanding and importance and impact of diversity, equity and inclusion, and looking at broader ESG challenges including employee wellbeing, engagement with communities and stakeholder-oriented enterprise governance.
Sustainable Trading also stated that it will oversee a benchmarking and transparency framework, enabling clear and efficient communication of progress on best practice, and facilitating continuous ESG improvement.
Sustainable Trading Founder and Director Duncan Higgins said:
“We are delighted to welcome this prestigious group of firms to Sustainable Trading. Their enthusiasm to participate, and their commitment to contributing time, resources and expertise, reflects the increasing importance of ESG considerations in firms’ decision-making frameworks. This spirit of collaboration will accelerate the pace of ESG change within the trading industry.”