Euronext, the leading pan-European market infrastructure, is reinforcing its commitment to sustainable finance and corporate transparency with the launch of several key ESG initiatives during its second annual Euronext Sustainability Week.
Among the newly introduced offerings are the Euronext Sustainable Network and the ESG Trends Report 2024, aimed at supporting approximately 1,900 European issuers and 6,000 international investors in improving ESG practices and enhancing transparency. These tools are vital for companies looking to assess their sustainability performance and comply with emerging regulations.
Additionally, Euronext’s new ESG Peer Benchmarking Report allows issuers to compare their ESG performance against competitors, fostering a more competitive and collaborative environment for raising ESG standards.
Euronext has also updated its ESG Reporting Guide to reflect the latest EU regulations and standards. Moreover, Euronext Corporate Services has launched an ESG Advisory service specifically designed for SMEs, helping them navigate the European Sustainability Reporting Standards under the CSRD.
These efforts align with the company’s “Fit For 1.5°” pledge and its Growth for Impact 2024 strategy, positioning Euronext as a key player in promoting sustainability across Europe.
The initiatives form part of Euronext’s broader strategy to embed sustainable practices into its operations, ahead of unveiling its next strategic plan in November 2024. Operating in multiple European markets, Euronext plays a crucial role in linking local economies with global capital markets, enabling it to drive the European sustainability agenda forward.
Euronext CEO and Chairman of the Managing Board, Stéphane Boujnah said, “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.”