The Budapest Stock Exchange presented its first sustainability report

The market position of the stock exchange is also special in terms of sustainability efforts, since in addition to enforcing sustainability aspects in its own operations as an independent economic entity, as a platform provider of the domestic capital market, it also assumes a prominent role in educating the corporate circle – quotes Richárd Végh, CEO of BÉT .

The sustainability report compiled for the first time covers both roles

BÉT intends to continue to operate as a kind of professional workshop for the domestic capital market, in addition, as a company, it can set an example of good practice for companies striving towards sustainable operation, he added. According to the announcement, the BSE’s environmental protection, social responsibility and corporate governance (ESG, Environment, Social, Governance) report also discusses in detail its sustainability strategy for the period between 2023-2025. BÉT helps spread the ESG approach in Hungary by creating regulatory, educational and market development efforts, the knowledge and tool system necessary for sustainable operation, and the market infrastructure, thus guiding companies towards sustainable operation. The ESG issuer guide supports the practice of ESG reporting of issues, and within the framework of the mentor program realized from European Union funds, it wants to encourage the greening of the small and medium-sized enterprise sector in the form of BÉT, green financing and ESG consulting. The ESG pilot consulting program announced last year, based on the rating methodology developed jointly by BÉT and EY, is also intended to support the SME sector, they wrote.

MTI