Euronext, the leading pan-European market infrastructure, is strengthening its commitment to sustainable finance and corporate transparency.
The firm made headlines with the launch of several strategic ESG initiatives during its second annual Euronext Sustainability Week, aligning with its Fit For 1.5° commitment and the Growth for Impact 2024 strategy.
These initiatives are part of Euronext’s ongoing effort to integrate sustainable practices into its operations and offerings, ahead of revealing its next strategic plan in November 2024.
As a major player in the market infrastructure sector, Euronext operates across multiple European countries, providing platforms that connect local economies with global capital markets. This positioning allows it to play a pivotal role in advancing the European sustainability agenda.
The newly launched Euronext Sustainable Network and ESG Trends Report 2024 are designed to support around 1,900 European issuers and 6,000 international investors by enhancing ESG practices and transparency. These products are essential for companies to evaluate their sustainability performance and comply with evolving regulations.
Moreover, the ESG Peer Benchmarking Report, another innovative offering, enables issuers to compare their ESG performance with peers. This is crucial for fostering a competitive yet collaborative environment that promotes higher ESG standards across the board.
In its commitment to ESG education, Euronext has updated its ESG Reporting Guide to include the latest EU regulations and standards. Furthermore, Euronext Corporate Services has introduced a new ESG Advisory solution tailored for SMEs, aiding them in navigating the complexities of the European Sustainability Reporting Standards under the CSRD.
Euronext CEO and Chairman of the Managing Board, Stéphane Boujnah, emphasised the collective responsibility in achieving sustainable finance goals, stating, “Achieving sustainability in finance is a collective responsibility that requires collaboration across all market stakeholders.
“At Euronext, we are committed to advancing the European sustainability agenda by bridging local economies with global capital markets. The ongoing development of our ESG products and services underscores our dedication to equipping companies with the essential tools to navigate the evolving regulatory landscape, elevate their ESG performance, and contribute to a more sustainable future.”
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