| SSE Initiative

Name	Euronext Lisbon (Bolsa de Lisboa)
Country	Portugal
Number of listed companies	53
Domestic market capitalization	81,627 million US$
SSE Partner Exchange	Yes
Has annual sustainability report	Yes There is a chapter in the annual report dedicated to sustainability activities, find all reports 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 ESMAs and National Competent Authorities stringent rules with regards to governance among its community of listed companies.
Has written guidance on ESG reporting	Yes ESG Reporting Guide Target 1.5C
Offers ESG related training	Yes Through the Euronext Academy, see more details here.
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	Yes Euronext ESG Bonds is a community of ESG bond issuers where green, sustainability, social, blue and sustainability-linked bonds listed on all Euronext locations are consolidated onto one highly visible area. Details of the securities here.
Has SME listing platform	Yes Euronext Growth, Euronext Access, Euronext Access+. More information here.
Women on boards mandatory minimum rule	No
Additional information	Euronext supports climate friendly innovations by financing Cleantech SMEs 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 SMEs 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 bodies	The Portuguese Securities Market Commission (CMVM). The Portuguese Ministry of Finance. European Union (ESMA).
Regulatory model	Government (Statutory) Model The Markets in Financial Instruments Directive (MiFID) classifies Euronexts European cash markets as a regulated market. As such, the real-time monitoring performed by Euronexts 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 Comisso do Mercado de Valores Mobilirios (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.

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