Global PSSL encourages accurate, evidence-based, and impartial reporting of sustainable securities lending and securities finance issues. We believe that quality journalism, and informed comment, play a vital role in supporting and promoting the broader sustainable finance agenda. (See also our Principle 3, where we commit to increasing transparency and accountability in securities lending.)
Following the launch of our updated Principles, we have revamped our webpage with an improved layout, appearance and additional content. This new website lists external (press) communications, opinion pieces, and other publications.
We also included the recently published HSBC Asset Management UK Stewardship Code Report 2020 that refers to The Principles for Sustainable Securities Lending (see p. 48). The Global PSSL framework commenced in 2018 and is based within its own independent community interest company after backing by some stakeholders. We are pleased with the level of uptake Global PSSL has drawn, with many notable stakeholders from senior levels of the sector contributing towards, and implementing, the Principles.
We welcome interest from the NGO community as well – see some recent pieces from the financial think tank Planet Tracker.
Finally, we have been invited to present to a specialist committee meeting at The Bank of England next month. We will use this opportunity to demonstrate the positive impact Global PSSL is already having and discuss broader market trends.
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For more details, please contact Dr Stech: radek.stech@gpssl.org and/or Ela Slota, Executive Assistant at press@gpssl.org
About Global PSSL
The Global Principles for Sustainable Securities Lending (Global PSSL) is the fundamental global mechanism for aligning securities lending with sustainable finance. This voluntary initiative has been developed through years of research based engagement between Dr Radek Stech, representing the SFLS Network at Exeter Law School, prominent beneficial owners and several agent lenders and other stakeholders committed to positive change.
In order to preserve its impartiality, the Global PSSL framework is based within its own independent community interest company, led by Dr Stech.
