Euronext has reached a significant milestone by releasing its inaugural annual report in compliance with the Corporate Sustainability Reporting Directive (CSRD). This move reflects the company’s dedication to transparency and sustainability, empowering stakeholders to make informed decisions based on reliable data.
The implementation of the CSRD heralds a new era in corporate reporting, expanding the breadth and depth of non-financial disclosures. By adhering to these stringent standards, Euronext aims to provide stakeholders and investors with comparable and actionable information regarding the company’s ESG performance.
Euronext’s journey towards CSRD compliance has been a collaborative effort involving various stakeholders. The company has bolstered its ESG data collection and reporting mechanisms, integrated double materiality assessments, and broadened the scope of sustainability metrics disclosed.
Through the double materiality assessment process mandated by the CSRD, Euronext has identified key areas where it can drive meaningful change. These include climate action, sustainable products and services, working conditions, diversity and inclusion, corporate culture, and anti-corruption measures.
In 2024, Euronext made significant strides in these areas, underscoring its commitment to creating long-term value for all stakeholders. Notably, the company demonstrated a strong commitment to climate action by achieving substantial reductions in greenhouse gas emissions and transitioning to sustainable practices.
Despite facing challenges such as increased business travel emissions due to corporate activities, Euronext remains dedicated to reducing its carbon footprint. The company has set ambitious science-based targets and is actively engaging with suppliers to meet sustainability criteria.
As part of its “Innovate for Growth 2027” strategy, Euronext is striving to achieve carbon neutrality by 2050. By joining the Net Zero Financial Service Providers Alliance, the company is setting ambitious sustainability goals aligned with global initiatives.
Furthermore, Euronext has been instrumental in promoting sustainable financial products and services. By listing green bonds and launching sustainability-focused indices, the company has solidified its position as a leader in sustainable finance with a substantial asset under management.
Euronext’s commitment to diversity and inclusion is evident in its workforce demographics and initiatives. With a focus on fostering an inclusive workplace culture, the company has achieved significant female representation across various roles and high engagement in diversity training programs.
In terms of corporate governance, Euronext has maintained high ethical standards, reporting zero cases of corruption or bribery in 2024. The company’s ESG ratings have garnered recognition, reinforcing investor confidence in its sustainability performance.
The release of Euronext’s CSRD-compliant report signifies a crucial juncture in its sustainability journey, emphasizing the company’s dedication to addressing environmental, social, and governance challenges. From reducing emissions to developing sustainable financial products, Euronext is committed to creating lasting value for stakeholders.
For more insights into Euronext’s sustainability commitment, readers can explore the details in chapter 3 of the Euronext Universal Registration Document 2024 and learn more about the Corporate Sustainability Reporting Directive (CSRD).
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