04.05.08

Another Social Stock Exchange in Development: Green SX

Posted in exchanges at 12:06 pm by Andrea McGrath

In case you missed one of the comments below, we recently heard from a team developing a social stock exchange - called the Green Stock Exchange (GREENSX) http://greensx.com - which plans to launch and begin trading in the summer of 2008. The Green Stock Exchange will trade shares in social businesses - defined as “a business that makes a profit, but benefits society as well: they have a triple bottom line (economic + social + environmental)”. Since all the listed companies on the exchange are pre-screened, evaluated, and audited according to social and sustainable guidelines set by the exchange, it will make it much easier for green investors to find and support social businesses. The GREENSX will provide opportunities for small green Issuers to access public equity capital efficiently, while providing early stage investors, angel investors, and venture capitalists with greater liquidity. GREENSX will also include an eBAY.com trading system for carbon credits. It is still in the beta stage testing… Feel free to check it out at http://greensx.com.

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