MEDIA RELEASE

8 NOVEMBER 2022

RMB added as member to Sustainable Trading industry association

RMB signs up to support initiative for positive E, S and G change in the financial markets trading industry

RMB recently joined 41 market-leading firms already active in their support of the London-based non-profit cross-industry initiative by becoming a member of Sustainable Trading, the organisation dedicated to transforming environmental, social and governance (E, S and G) practices in the trading industry.

Said Jon Cornfield, Head of Trading and Execution at RMB: “A firm belief in the power of financial markets to create prosperity for all is a cornerstone of our business strategy. Sustainable Trading offers a credible platform for fully exploring both environmentally friendly, as well as socially conscious, trading and market practices. We look forward to working with an esteemed peer group across different sustainability topics, to truly unlock the power of markets for the global good.”

Sustainable Trading members consider the environmental impact of how the financial trading industry builds, maintains, and operates trading infrastructure, as well as focusing on areas such as diversity, equity and inclusion, employee wellbeing, engagement with communities and a stakeholder-oriented approach to enterprise governance. They are committed to driving positive E, S and G change in both their organisations and across the industry.

Sustainable Trading Founder and Director Duncan Higgins said: “It’s a great pleasure to welcome RMB to Sustainable Trading as we continue to grow our global presence. We look forward to including them in the steering and working groups already in place, helping to define industry standards and accelerate the pace of change for E, S and G within the trading industry.”

Since its launch six months ago, Sustainable Trading has made significant progress. Participating members are sharing their valuable experience and expertise in three workstreams - exploring Environmental, Social and Governance opportunities within the people, process and technology that underpins financial markets - with the goal of defining a portfolio of best practices tailored to the trading industry.

Within the workstreams, specialist sub-groups are undertaking a detailed assessment of the practical issues currently being faced by the industry and researching good practices underway within member firms, as an input to the development of the industry best practices.

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About Sustainable Trading:

Launched in February 2022, Sustainable Trading is an inclusive membership network driving positive change on environmental, social and governance (ESG) practices within the financial markets trading industry. By fostering collaboration and harnessing industry expertise, we are mobilising the trading industry around a practical approach to ESG, facilitating the creation of a roadmap for long-lasting change that delivers shared goals, shared opportunities and shared values. To find out more, visit: sustainable-trading.org

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