Global PSSL reinforces United Nations relationship with strategic senior appointment
(Cardiff, 13 January 2025) Global Principles for Sustainable Securities Lending Community Interest Company (Global PSSL CIC) is thrilled to welcome Michael Stanley-Jones to the Secretariat as a Senior Advisor for Communications and Networking.
Michael, who currently serves as a fellow of the United Nations University Institute for Water, Environment and Health, brings a wealth of governance and technological experience from the Silicon Valley region and various United Nations institutions. This appointment will further Global PSSL’s ambition of improving working practices within securities lending across world markets.
In recent years, Global PSSL has gained prominence in the sustainable finance world by developing a class-leading set of principles and industry-led initiatives such as the ABC Score™.
Radek Stech, CEO of Global PSSL CIC, said: “I am delighted to welcome Michael at this pivotal moment, as we draw on the latest technological advances to strengthen our ties with the United Nations. For Global PSSL – an impartial standard setter – this appointment will bolster our commitment to improving and developing sustainable finance globally (as enshrined within Principle 1).
“Global PSSL, through its initiatives and strategic partnerships, has gained a reputation for seeing through greenwashing and overcoming the culture of misinformation that hinders sustainable finance.”
Michael Stanley-Jones said: “Through international collaboration, educational innovation, and tangible impact, Global PSSL aims to unite the sustainable finance ambitions of market leaders with the tenets of sustainable securities lending for the first time under a globally recognised market standard. My task is to mobilize the knowledge and professionalism needed to support Global PSSL’s mission to create a global impartial standard for asset owners, lenders, borrowers, and impact creators.”
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Contact Information regarding this press release:
Dr Radek Stech: radek.stech@gpssl.org
Ela Slota, Executive Assistant: ela.slota@gpssl.org
About Global PSSL
Global Principles for Sustainable Securities Lending (Global PSSL) is the fundamental global mechanism for aligning securities lending with transparency and sustainable finance. It has been co-created by Dr Radek Stech, prominent asset owners, asset managers, sovereign wealth funds, banks, hedge funds other stakeholders committed to positive change since 2018. Global PSSL has received significant funding from the Economic and Social Research Council (ESRC), part of UK Research and Innovation, through the Sustainable Finance – Law – Stakeholders (SFLS) Network at Exeter Law School in addition to some financial assistance from some industry stakeholders. The ESRC grant request was designed based on earlier engagement with stakeholders shaping values-based banking, green bonds and sustainable project finance as well as continuous contact, research and discussions with staff from the World Bank (the official partner on the grant). In order to preserve its impartiality, the Global PSSL framework is based within its own independent community interest company.
