Euronext unveils sustainable investment tools and ESG issuer profiles


Euronext, European market infrastructure provider, has stepped up its commitment to sustainability by introducing new ESG tools.

These tools aim to amplify Euronext’s focus on sustainable finance, showcasing its determination to remain at the forefront of Europe’s green finance transformation.

The motivation behind these sustainable tools is Euronext’s robust commitment to the “Fit for 1.5°” climate pledge. This dedication is grounded in developing products and services that aid the company, its allies, and the European financial community in combating the global temperature rise. In addition to this, Euronext’s “Growth for Impact 2024” strategy embodies its aspiration to lead the market infrastructure in Europe, prioritising sustainable finance.

Euronext, at its core, is an indispensable player in the European market infrastructure realm. It champions the linkage between local economies and global capital markets, and the financing of tangible economies, driving change in the European sustainability sphere.

A key highlight from the newly introduced tools is “My ESG Profile”. This digital innovation empowers issuers to flaunt their sustainable strides while granting investors easy access to ESG data. This move by Euronext is groundbreaking as it gears up to roll out nearly 1,900 ESG company profiles, setting a precedent as the inaugural exchange to present standardised non-financial issuer data on its platform.

Further strengthening its sustainability initiative, Euronext has launched the Euronext Biodiversity Enablers index in collaboration with Iceberg Data Lab. This index serves as a global yardstick, spotlighting companies with a notable positive biodiversity influence. The selection process for this index is derived from the “Euronext World Index” cosmos.

The company has also amplified its ESG content in pre-IPO education platforms and issued a novel “ESG pre-IPO guide”. This guide elucidates best ESG practices for companies considering an IPO.

Euronext CEO and Chairman Stéphane Boujnah said: “Effective positive change requires efforts and cooperation among key players in the market. Euronext can significantly impact the European sustainability agenda by leveraging its distinct position in financing the real economy and linking local economies with global capital markets.” Furthermore, Boujnah commented, “As strong advocates of the CSRD directive, we firmly believe that the shift towards sustainable finance relies on improved extra-financial standards and more precise, regulated and granular ESG criteria. Our newly unveiled ESG products and services are designed to empower companies in their pursuit of these goals.”

In a bid to further its commitment, Euronext has announced the inauguration of the “Euronext Foundation”. This foundation is poised to bolster sustainable communities and ventures throughout Europe, spanning sectors such as financial literacy, diversity and inclusion, and marine resources.

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