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- New ESG services: Euronext introduces ESG Peer Benchmarking and advisory tools for SMEs.
- ESG Trends Report: First annual report offers insights into Euronext-listed companies’ ESG progress.
- Euronext Sustainable Network: Fosters collaboration across European sustainable finance stakeholders.
Euronext Expands Sustainable Finance Tools
Euronext has launched a series of ESG initiatives to support sustainable finance and corporate transparency, announced during Euronext Sustainability Week. These new tools are part of Euronext’s broader “Fit For 1.5°” commitment and “Growth for Impact 2024” strategy.
Key Initiatives:
- Euronext Sustainable Network: A collaborative ecosystem for key European players in sustainable finance, including investment firms, banks, and carbon brokers, designed to drive innovation in ESG practices.
- ESG Trends Report: Euronext’s first annual ESG Trends Report provides unique insights into how listed companies are progressing in their ESG reporting and performance. The report highlights the evolving regulatory landscape and increased adoption of ESG principles among corporates.
- ESG Peer Benchmarking: Through the enhanced My ESG Profile tool, issuers can now benchmark their ESG performance against peers, promoting transparency and encouraging continuous improvement.
Supporting SMEs: Recognizing the challenges faced by small- and medium-sized enterprises (SMEs), Euronext has introduced an ESG Advisory Service. This service helps SMEs implement European Sustainability Reporting Standards (ESRS), ensuring compliance with the latest regulations.
Stéphane Boujnah, CEO of Euronext, emphasized the collective responsibility in achieving sustainable finance: “At Euronext, we are committed to advancing the European sustainability agenda by bridging local economies with global capital markets.”
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These initiatives strengthen Euronext’s role as a leader in sustainable finance, equipping businesses to meet regulatory requirements and contribute to a more sustainable future.
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