10.15.2019

Luxembourg Exchange Releases ESG Reporting Guide

10.15.2019

Embracing ESG considerations

The increased focus on sustainable development and the transition to a more sustainable and inclusive economy have led to an uptick in investor demand for transparent and comprehensive data on Environmental, Social and Governance (ESG) aspects. Multiple companies would like to meet this demand, but struggle to define the right ESG approach and methodology, and establish proper ESG reporting procedures.

In line with its stated objective to promote transparent capital markets, the Luxembourg Stock Exchange (LuxSE) has published a set of comprehensive guidelines for reporting on ESG aspects. Reflecting the unique diversity in its capital market ecosystem, LuxSE’s ESG Guidelines address the specific scope and needs of its three main stakeholders: companies, issuers of sustainable debt instruments, and asset managers active in sustainable & responsible investment funds.

Meeting investor demand

LuxSE’s Guide to ESG Reporting constitutes a comprehensive and solid roadmap for companies, issuers and asset managers to integrate ESG considerations into their business-decisions, strategies and operations, and illustrates how different stakeholders can proceed to meet investor demand for transparent and clear ESG information. The broad scope of the guidelines—covering companies, issuers and asset managers—makes LuxSE’s Guide to ESG Reporting unique.

These ESG Guidelines serve as a relevant compass for users when identifying ESG activities and defining an ESG strategy. The guide furthermore covers the process for data collection and processing, and offers advice as for how to establish the most suitable reporting format, communication channels and reporting period.

Source: LuxSE

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