The Warsaw Stock Exchange and the companies of the GPW Group pursue their business operations in compliance with the highest business standards and taking into account social, ethical and environmental factors.
The GPW Group not only focuses on its core business in a sustainable and responsible way but also fosters responsible behaviour of the participants of its markets.
Since 2013, GPW is a member of the Sustainable Stock Exchanges, a UN initiative of 68 global exchanges which pursue sustainable and responsible business and promote the highest ESG (Environment, Social, Governance) standards on their home markets through initiatives addressed to market participants.
The year 2017 was a time of further development of the RESPECT Index project. RESPECT Index is the corporate social responsibility index published by GPW since 2009. The project completed the eleventh ESG survey of listed companies. The results of the survey proved that public companies listed on GPW improve their CSR and sustainable development standards year after year, including the Warsaw Stock Exchange which has participated in the survey for four years as a public company.
The Exchange’s CSR (Corporate Social Responsibility) strategy was revised in 2015 to cover a broader range of Governance and Social aspects. GPW’s initial CSR strategy was developed and implemented in 2013. In 2015, GPW revisited its assumptions and implemented the strategy in all of the GPW Group companies. GPW continued to pursue its CSR strategy in 2017.
The mission of the GPW Group is to support economic growth and build an investment culture by ensuring highest standards and safety of trading in a professional and responsible process. The Group’s CSR strategy provides for the implementation of the mission and for building of the Group’s value while respecting the interests of the environment of the Group’s companies based on dialogue and co-operation with all stakeholder groups.
The business strategy of the Warsaw Stock Exchange Group published in October 2014 provides for the consolidation of initiatives of Group companies on many levels, also beyond their business operations. The Group is working steadily and consistently to harmonise the procedures, policies and standards across its companies in order to create a stronger and more coherent entity which successfully pursues its business on the financial and commodity markets. As a part of the process, the GPW Group has developed and implemented a corporate social responsibility (CSR) strategy.
The CSR strategy was developed in the work of a task force including representatives of BondSpot, Towarowa Giełda Energii, as well as GPW managers responsible for GPW’s key business areas in terms of ESG factors. As a result, the GPW Group established a CSR Committee to monitor the implementation and further development of the CSR strategy.
Similar to GPW’s CSR strategy implemented in 2013, the GPW Group’s CSR strategy is based on four main pillars important to the activity of GPW and its subsidiaries as well as their role in the Polish financial and commodity markets:
- market relations and dialogue,
- responsible human resources policy,
- protection of the natural environment.