Exchange in Focus: Euronext ESG Guidelines for listed companies
14 January 2020
As part of Euronext strategy 'Let's Grow Together 2022', which has at its heart a focus on sustainability initiatives, it has launched the Euronext ESG Reporting Guidelines for issuers on the best practices to adopt in the future. The new ESG Reporting Guidelines is set to be used in the Euronext Group (which includes 7 exchanges in 7 countries in Europe). The new guidance is in line with the recommendations of the SSE's Model Guidance on Reporting ESG Information to Investors.
These guidelines have been created to help listed companies in their interactions with investors and the wider ESG community, to help them understand how to address ESG issues as a key component of investor relations, as well as the main principles to consider when preparing an ESG report.
"Euronext’s collaboration with and contributions to the UN’s Sustainable Stock Exchange Initiative confirms its commitment to building a new kind of finance, shifting paradigms to support a new world view."Euronext reiterates its commitment to encourage the incorporation of environmental, social and governance (ESG) factors into investment decision-making. This is a major step to make finance more sustainable, in order to ensure better allocation and channelling of capital towards sustainable and transitioning assets. This guidance underlines Euronext's commitment to support our customers and promote sustainable finance. Euronext is an official supporter of the United Nations’ Sustainable Stock Exchanges (SSE) initiative, a member of Finance for Tomorrow (the sustainable initiative from Paris Europlace) and has committed to the Task Force on Climate-related Financial Disclosure (TCFD) recommendations.
"We strive to promote transparency on climate risks and opportunities in the financial markets and are building a growing offering specifically designed to assist issuers in enjoying more visibility as a benefit of their ESG commitment."
About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.
