<story><title>Twilio, Asana to List on Long Term Stock Exchange</title><url>https://www.wsj.com/articles/twilio-asana-to-list-on-long-term-stock-exchange-as-esg-push-continues-11624565701</url></story><parent_chain></parent_chain><comment><author>neonate</author><text>&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;archive.is&amp;#x2F;KzTDN&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;archive.is&amp;#x2F;KzTDN&lt;/a&gt;</text></comment>
<story><title>Twilio, Asana to List on Long Term Stock Exchange</title><url>https://www.wsj.com/articles/twilio-asana-to-list-on-long-term-stock-exchange-as-esg-push-continues-11624565701</url></story><parent_chain></parent_chain><comment><author>endisneigh</author><text>I can’t read the full article but:&lt;p&gt;&amp;gt; To list on LTSE in August, Twilio and Asana are agreeing to a slate of commitments such as aligning executive and board compensation with long-term performance; taking customers and employees into account; and explaining how the company’s board oversees its long-term strategy. These commitments must be concrete policies that can be monitored by LTSE.&lt;p&gt;If such agreements are broken what’s the punishment, other than presumably being dislisted? If there are none it seems like an empty platitude given that you can already buy both on the “regular” stock exchange.&lt;p&gt;Is daytrading prohibited? If not seems like it’s still bound by the same short term nonsense. I’d be impressed if you can only buy and sell on the LTSE once a year. Money being put where the mouth is and all that.</text></comment>