The South Pacific Stock Exchange (SPX) is excited to announce the introduction of two new award categories for its Annual Awards in 2025, aimed at promoting excellence in Environmental, Social, and Governance (ESG) and Gender Reporting. Chief Executive Sheraj Obeyesekere highlighted that the new categories—Excellence in ESG Coverage and Excellence in Gender Reporting—are designed to recognize organizations that demonstrate transparency and leadership in their corporate practices regarding these critical issues.
Obeyesekere emphasized the growing importance of ESG and gender-related reporting in how investors and stakeholders assess companies globally. This strategic initiative underscores SPX’s commitment to nurturing a culture of transparency and proactive reporting within the market.
The awards ceremony is scheduled for November 3rd in Suva, gathering industry leaders from both listed and unlisted companies, as well as major private entities and state-owned enterprises, to celebrate accomplishments in corporate reporting. The application process is open to all organizations—listed and unlisted—at no cost, encouraging wide participation in this prestigious recognition.
This new initiative aligns with ongoing efforts by SPX to enhance reporting standards and reinforce the commitment to sustainable practices. The exchange has been actively working to modernize its regulatory framework, incorporating more robust ESG reporting standards to reflect the escalating global emphasis on sustainability in finance.
As SPX prepares for this notable event, the outlook is filled with optimism and a forward-thinking approach, signaling a determined effort to enhance corporate responsibility and stimulate meaningful engagement from the local business community. By implementing new reporting standards and award recognitions, the SPX is laying the groundwork for a more sustainable and transparent capital market.