“B3 Joins Global Stock Exchange Mobilization for Gender Equality” – B3 – March 8, 2019

On March 8, 2019 the Brazilian exchange B3 (formerly BM&FBOVESPA) participated in a global initiative to promote gender equality and announced that it had joined a program to promote gender diversity on boards.

According to a press release, “B3 held today the bell ringing ceremony in support of gender equality. Named Ring the Bell for Gender Equality, the event is a partnership of the Sustainable Stock Exchanges (SSE) with the Global Compact, the UN Women, the International Finance Corporation (IFC), Women in ETFs (WE) and the World Federation of Exchanges (WFE). Its chief goal is to raise awareness on women’s economic empowerment and expand the opportunities in the private sector to promote gender equality and sustainable development.

More than 80 stock exchanges worldwide have joined the Ring the Bell for Gender Equality this year, thus contributing to the Sustainable Development Objectives (ODS) agenda, particularly the ODS 5, which aims to achieve gender equality and the empowerment of all women and girls.

B3 also announced that it has joined the Gender Diversity on Boards program, a joint initiative of the Brazilian Institute of Corporate Governance (IBGC), the International Finance Corporation (IFC) and the Women Corporate Directors (WCD), whose mission is to enhance gender diversity on boards of directors.”

You may read the press release on the B3 internet site.

“RAM Rating says Islamic finance and responsible investing share common ground” – Salaam Gateway – March 7, 2019

On March 7, 2019 Salaam Gateway reported on an event hosted by RAM Ratings that explored the interrelationship among ESG, Islamic finance and SRI.

“RAM Rating sees Islamic finance playing a vital role in supporting the implementation of socially responsible investing (SRI, which includes environment, social and governance (ESG) matters) and funding for the United Nations’ Sustainable Development Goals (SDG). ‘The common philosophies with SRI serve as a bridge for Islamic finance in becoming a mainstream financing source. Thanks to the concerted efforts of market practitioners in Malaysia, Indonesia and other core Islamic finance markets, the global community is slowly but surely realising the real value and benefits of combining Islamic finance with SRI,’ said Ruslena Ramli who moderated the RAMification dialogue with industry experts on 28 February 2019 hosted by RAM Ratings.”

You may read the article on the internet site of Salaam Gateway – the Global Islamic Economy Gateway.