BNP Paribas, Eurex join ISLA’s sustainability council

The ISLA Council for Sustainable Finance (ICSF) announced that Eurex and BNP Paribas have joined as partners to the Council Executive. They join a number of beneficial owners on the Council, which seeks to promote and embed an ESG roadmap within the securities lending industry.

This move follows the launch of the Principles for Sustainable Securities Lending (PSSL), which are designed to give clear guidance on the importance of good corporate governance within all securities lending programs, as well as a commitment towards further development of ESG through future innovation.

“As our work evolves, I look forward to reporting back to you in the coming weeks with an update on the implementation of the PSSL initiative throughout the securities lending market. Looking ahead, our plan is to consolidate membership, and then look to welcoming friends from the broader sector to the team whilst engaging with the market to ensure that PSSL becomes the market standard for sustainable securities lending,” wrote Radek Stech, chair of ICSF in its blog.

Read the blog post

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