Euronext Lisbon

Country
Portugal
Number of listed companies
57
Domestic market capitalization
66,400 million US$
SSE Partner Exchange

Yes

Has annual sustainability report

Yes

  • Chapter 2 of the Euronext 2018 Registration Document, found here.
ESG reporting required as a listing rule

Yes

  • The European directive on non-financial information reporting (NFRD) has been implemented into the Portuguese legal environment.
  • Moreover, Euronext Lisbon supports and implements ESMA’s and National Competent Authorities stringent rules with regards to governance among its community of listed companies
Has written guidance on ESG reporting

No

Offers ESG related training

No

Market covered by sustainability-related index

Yes

  • See the list of indices on the Euronext website here. ESG/ISR indices fall under the tab "theme indices". This list is automatically updated.
Has sustainability bond listing segment

No

  • There is a green bond activity in Lisbon thought not a dedicated segment
Additional information
Euronext supports climate friendly innovations by financing Cleantech SME’s benefitting from major Euronext initiatives:
  • TechShare: 27 Cleantech have followed the program on how to leverage capital markets
  • Tech40 Index: 10% of this increasingly important index is made up of Cleantech SME’s
  • Morningstar: the program fully covers the scope of Cleantech SME issuers (55)
Organizational model of stock exchange
  • Listed company for profit; demutualized in 2000
Regulatory model
Government (Statutory) Model
  • The Markets in Financial Instruments Directive (MiFID) classifies Euronext’s European cash markets as a regulated market. As such, the real-time monitoring performed by Euronext’s cash market operations and technical support is formally enforced, and our trading rules and procedures are approved by our five regulators. This regulatory and organizational system gives  Euronext the power to efficiently manage crisis situations and extraordinary circumstances. Some of the markets organized by Euronext are exchange regulated, which means they are subject to a body of rules laid down by the market operator, Euronext. They are not regulated markets as defined by the Markets in Financial Instruments Directive (MiFID). These structured, exchange regulated markets offer simplified access to financial markets and streamlined listing requirements for companies from every sector of the economy, while ensuring compliance with rules on investor disclosure and the control of financial information. Source
About the stock exchange
Location of the listed holding: Portugal, Lisbon. As a market operator, Euronext Lisbon is governed by Portuguese Decree of Law No. 357-C/2007 of 31 October 2007 which, along with the Portuguese Securities Code and regulations of the Comissão do Mercado de Valores Mobiliários (“CMVM”), governs the regime applicable to regulated markets and MTFs, market operators and other companies with related activities in Portugal. The creation of regulated market operators requires the prior authorisation in the form of a decree-law from the Portuguese Minister of Finance, following consultation with the CMVM. The CMVM is an independent public authority that supervises and regulates markets and market participants, public offerings and collective investment undertakings. Its objectives are to ensure investor protection and an efficient and regular functioning of markets, monitor information, prevent risk and prevent and suppress illegal actions. The entities subject to the supervision of the CMVM should co-operate with the CMVM as requested. The CMVM carries out “on-site” supervision of the entities subject to its supervision and makes public infringements and fines imposed in accordance with applicable law. Euronext is the leading pan-European exchange in the Eurozone, spanning Belgium, France, Ireland, Norway, the Netherlands, Portugal, the UK and Ireland. Created in 2000, it unites markets which date back to the start of the 17th century. It is the primary exchange in the Euro zone with nearly 1,500 listed issuers worth more than €4.5 trillion in market capitalization as of end May 2019, an unmatched blue chip franchise consisting of 20+ issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base
Ownership of Exchange (Shares >4% only) Share
Euronext NV 100%