NYSE Euronext has joined a United Nations effort to enhance transparency on environmental, social and governance (ESG) issues and foster long-term investment.

The UN Sustainable Stock Exchanges (SSE) initiative aims to explore how exchanges can work with investors, regulators, and companies to bolster ESG transparency and encourage responsible long-term approaches to investment.

The NYSE says that its commitment to the SSE reinforces its efforts in this arena, which includes achieving carbon-neutral status for the exchange, and serving as a resource to its listed companies in their own sustainability efforts.

“As the only carbon neutral global exchange group, we are proud to join the SSE initiative and partner with the UN and our industry to support best practices in corporate governance and transparency related to corporate sustainability,” said Duncan Niederauer, CEO of NYSE Euronext.

“We lead by example by running our business in an environmentally responsible manner, and by leveraging the unique power of our platform and our NYSE Euronext community, we empower learning and collaboration within the broader corporate sector,” he added.