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14 October - Georg Kell, Executive Head of the Global Compact, officially
opened the NASDAQ stock market on Tuesday, as a guest of Bruce Aust, Executive
Vice President of NASDAQ.
At the opening in New York City, Kell
said: “The global economy must be built on shared values and trust if it is to
function smoothly.” Observing that financial markets such as NASDAQ provide the
essential “fuel” that keeps the global economy going, Kell stressed the
importance of companies taking a proactive stance on social and environmental
issues.
“Building shared values is an important component of good
corporate governance”, Kell said, adding: “This is an exciting day for the
United Nations. Today’s Market Open is symbolic of the UN’s desire to work more
closely with the business community and financial markets”.
Bruce
Aust, Executive Vice President of NASDAQ, said that working to improve corporate
governance is a key priority of NASDAQ. Commenting of the Global Compact, he
said: “The Global Compact at its core is about providing an ethical framework to
help businesses operate in the global economy and expand market opportunities in
a responsible way”.
To read more on today's Market Open, please visit the NASDAQ website.
