The U.S. SEC has approved Green Impact Exchange (GIX), the first American stock exchange fully dedicated to sustainability. Launching in 2026, it will list only companies with rigorous, transparent ESG commitments.
A major turning point for sustainable finance comes from the United States, which in recent months has seen a worrying cooling and backlash on these issues—marked by the current administration’s explicit and radical political stances and significant market signals, such as BlackRock and other major financial groups withdrawing from the Net Zero Asset Managers Initiative.
Against this backdrop, the U.S. Securities and Exchange Commission (SEC) approved the Green Impact Exchange (GIX) in the spring as a new national stock exchange. It will be the first in the United States entirely dedicated to environmental sustainability and responsible investment.
Founded in 2022 by a group of former New York Stock Exchange executives—including Daniel Labovitz (CEO) and Charles Dolan (COO)—GIX was created to support the transition to a global green economy. The new platform will exclusively admit companies that meet strict, verifiable ESG (Environmental, Social, and Governance) standards.
“We aim to build a transparent, regulated, and credible market where companies make real commitments to a sustainable future,” said Labovitz.
To be listed on GIX, companies must:
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Publicly declare their commitment to sustainability;
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Adopt concrete ESG plans with short-, medium-, and long-term goals;
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Integrate sustainability into daily business operations;
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Report results regularly using recognized standards;
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Actively engage stakeholders in their ESG journey.
At launch—scheduled for early 2026—GIX will operate as a dual listing platform, requiring prior admission to another regulated market. In the medium term, however, it aims to become a primary exchange for global sustainability leaders.
The registration request was submitted in July 2024 and officially approved by the SEC in April 2025, paving the way for a new era of responsible finance in the United States.
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