The World Federation of Exchanges (WFE) invites the submission of theoretical, empirical, and policy research papers on issues related to the role of capital markets in the pursue of sustainability and ESG goals. Based on their relevance, originality and academic rigour, the WFE Academic Advisory Group will select papers to be presented at the WFE 2nd Annual Global Meeting on Sustainability, which will be hosted by Singapore Exchange (SGX) in Singapore, on the 5th June 2025. The paper will be assigned an industry discussant.