The US Securities and Exchange Commission (SEC) has approved an application to launch the country’s first stock market dedicated to the sustainability economy in 2026. “Today’s approval order is an important step forward for sustainability-minded investors and companies,” said Green Impact Exchange (GIX) CEO and Co-founder Dan Labovitz. “We are grateful to the SEC commissioners and staff for their thoughtful engagement throughout the application process, and their support for market-driven innovations that will improve capital formation.” As a listings and trading venue, GIX will serve public companies and investors looking to manage sustainability-related risks and capitalise on opportunities to provide sustainable solutions. It will be powered by exchange operator MEMX. “Climate risk is business risk. It’s that simple,” said GIX President and Co-founder Charles Dolan. “US investors and companies are continuing to pursue sustainability because it makes financial and competitive sense. Public markets like GIX have a pivotal role to play in connecting sustainable investors with companies that understand that.”
