The LGX Monthly Roundup
New LGX Market Study: EU Taxonomy disclosure
To mark the 6-year anniversary of LGX, we have published our latest market study, which assesses the current level of EU Taxonomy-related disclosure for green, sustainability and sustainability-linked bonds listed worldwide.
In the study, we provide you with a snapshot of the state and nature of bond-level EU Taxonomy-related disclosure provided by issuers today, with country and sector-specific breakdowns. If you would like to learn more about how issuers are preparing for the EU Taxonomy, we invite you to explore our findings and look at real-world examples of EU Taxonomy-related disclosures by issuers who are leading the way in this space.
Launch of ESG Analysis Certification in Hispanic America
Led by GovernArt in association with the Santiago Stock Exchange and with the support of our exchange, the ESG Analysis Certification initiative in Hispanic America is now a reality! The initiative aims to train professionals from various sectors and give them the knowledge they need to analyse and integrate Environmental, Social and Governance (ESG) factors into their sustainable business or responsible investment strategies.
We are proud to act as the international certifying institution in this important project that gives market players in Hispanic America the opportunity to contribute to sustainable economic and financial development.
We are proud to act as the international certifying institution in this important project that gives market players in Hispanic America the opportunity to contribute to sustainable economic and financial development.
Raising awareness of financial literacy
True to tradition, we rang the bell to celebrate IOSCO’s World Investor Week and raise awareness of the importance of improving financial literacy in a ceremony co-organised with the CSSF, the financial supervisory authority in Luxembourg. Guests from various sectors discussed financial education at all stages of life, with a special focus on sustainable finance knowledge in Luxembourg.
For the occasion, our CEO Julie Becker welcomed our Chairman Alain Kinsch, Director General of the CSSF Claude Marx, Member of the Management Board of ABBL Catherine Bourin, Chair in Sustainable Finance at the University of Luxembourg Prof. Michael Halling and Chairman and CEO of Global Strategic Corporate Sustainability Dr. Ravi Fernando.
How green bonds get displayed on LGX
In an interview for Luxembourg magazine Delano, our Senior Business Development Manager Chiara Caprioli recounts the evolution of the sustainable finance market since the creation of LGX and explains the trends in labelled and non-labelled bond issuance and the essential role of data in the sustainable finance industry.
Special course sessions: LGX Academy and partners
The LGX Academy is organising special sessions with guest market experts carefully selected based on the feedback we received from former students, in order to bring you the right knowledge for your industry.
Click on the courses below to access the registration page:
The EU Taxonomy in practice: how to advance funds and capital markets - 9 November 2022
with guest lecturer Antoine Peter, Manager at Arendt
with guest lecturer Antoine Peter, Manager at Arendt
Future proof your career: sustainable finance for bankers - 17 November 2022
with guest lecturer Thomas Verhagen, Co-founder of WeESG
with guest lecturer Thomas Verhagen, Co-founder of WeESG
GSSS bonds in developing countries: How can donors support public sector issuances?
The OECD published its latest report analysing the state of the green, social, sustainability and sustainability-linked bond market in developing countries. Based on data extracted from the LGX DataHub, the report analyses the state of the sustainable debt market in these regions, as well as the barriers to growth.
Gender Lens Initiative for Switzerland (GLIS):Annual Report 2022
Our CEO Julie Becker contributed to the Annual Report 2022 of the Gender Lens Initiative for Switzerland (GLIS), which focuses on global trends in gender lens investing. The report highlights the initiatives of 30+ companies across the world, including the MoU we signed with UN Women earlier this year to advance gender finance.
Zooming in on new displays
The Republic of Uruguay's inaugural sustainability-linked bond is now displayed on LGX. The coupon on the notes will be subject to a step-down/step-up option linked to the achievement of two climate-related sustainability performance targets, aimed at reducing greenhouse gas emissions and preserving native forests.
With its inaugural EUR 750 m social bond, the largest ever of its kind issued by an Italian bank, Intesa Sanpaolo has successfully made its debut on LGX. The proceeds will refinance the bank's social portfolio, currently made of loans to Italian SMEs operating in disadvantaged areas and to not-for-profit organisations focused on social sectors.
The Republic of the Philippines is back on LGX with a new USD 750 m sustainability bond, marking its third international issuance in 2022. The proceeds will finance and refinance assets in accordance with the sovereign’s Sustainable Finance Framework.
LGX Stats as at 30 September
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