本文分析了影响交易所关注环境、社会与公司治理（ESG）工作的驱动因素、其可持续举措背后的动机，以及 ESG 相关金融产品的发展。通过将世界交易所联合会（WFE）连续十年年度可持续发展调查数据与各类环境、经济和文化因素相对照，我们检验了其中哪些因素与来自 54 个司法辖区的 66 家证券交易所的 ESG 举措相关。研究结果表明，ESG 方面的进展由一……共同塑造
This paper provides an analysis of the drivers influencing exchanges’ focus on Environmental, Social, and Governance (ESG) efforts, along with the motivations behind their sustainability initiatives, and the development of ESG-related financial products. By contrasting data from ten years of the World Federation of Exchanges (WFE)’s annual Sustainability Surveys against various environmental, economic, and cultural factors, we test which of these factors correlate with ESG initiatives across 66 security exchanges from 54 jurisdictions. The findings show that ESG advancements are shaped by a co...