Euronext’s first CSRD-compliant report

02/04/2025 - 9:45AM CEST

Euronext has published its first annual report aligned with the Corporate Sustainability Reporting Directive (CSRD), marking a significant step forward in our ongoing journey toward enhanced corporate transparency and sustainability.

By following these rigorous standards, Euronext is fostering greater transparency and accountability. This commitment empowers investors, stakeholders and society to make more informed and responsible decisions.

A new era in corporate reporting

The CSRD represents a transformative shift in corporate reporting, broadening the scope and depth of non-financial disclosures. This change allows investors and stakeholders to access more comparable and actionable data, helping them make informed decisions about a company’s ESG performance.

For Euronext, this has been a collaborative effort involving numerous stakeholders. We have enhanced our ESG data collection and reporting practices, integrated double materiality assessments, and expanded our disclosures to include a wider range of sustainability metrics.

Key topics driving change at Euronext

Through the CSRD’s double materiality assessment process, Euronext has identified critical areas where we can have a meaningful impact. These include:

Climate change
Sustainable products and services, including training
Working conditions
Training and development
Diversity and inclusion
Corporate culture
Corruption and bribery

In 2024, we made notable progress in these areas, further reinforcing our commitment to delivering long-term value for all stakeholders.

Climate action: our strong commitment

Climate change remains one of the world’s most pressing challenges. As a company, we recognise the essential role we play in reducing greenhouse gas (GHG) emissions and transitioning to more sustainable practices. In 2024, Euronext achieved

5% reduction in location-basedGHG emissions vs. 2023
11% reduction in carbon intensity (GHG emission in tCO² / revenue in M€) vs. 2023
22% reduction in Scope 1 GHG emissions (vs 2023)
25% reduction in Scope 2 market-based GHG emissions (vs 2023)
2% decrease in Scope 3 GHG emissions (vs 2023)
86% of our total energy consumption sourced from renewable energy

In 2023, we set ambitious science-based targets, validated by the Science-Based Targets initiative (SBTi).:

By 2030 achieve a 73.5% reduction in Scope 1 and Scope 2 market-based GHG emissions (from a 2020 baseline of 3,408t CO2e)
By 2030 achieve at least a 46.2% reduction in Scope 3 business travel emissions (from a 2019 baseline of 3,340t CO2e)
By 2027, Euronext suppliers, representing 72% of Euronext’s greenhouse gas emissions derived from purchased goods and services, must set targets on their Scope 1 and Scope 2 emissions

In 2024, we significantly exceeded our target for Scope 1 and Scope 2 emissions, achieving an 84% reduction, far surpassing the committed target of 73.5%.

However, Scope 3 emissions from business travel saw a 23% increase from 2023, largely due to corporate mergers and acquisitions and an increased volume of travel linked to various projects. Despite this, our business travel emissions remain 23% below the 2019 baseline. We are actively working to reduce emissions from business travel and continue to engage with suppliers to meet SBTi criteria.

As part of our “Innovate for Growth 2027” strategy, Euronext will go beyond the ‘Fit for 1.5°’ commitment by setting targets on achieving carbon neutrality by 2050 at the latest.We have joined the Net Zero Financial Service Providers Alliance, part of the global ‘Race to Zero’ coalition, setting the stage for ambitious long-term sustainability goals.

Promoting sustainable products and services

Our sustainable product offerings are a key component of promoting transparency in sustainability practices. By the end of 2024, Euronext listed 1,752 green bonds on the Euronext ESG Bond Platform, reinforcing our position as the world’s leading venue for green bonds.

Additionally, we have launched 74 Paris-Aligned Benchmark (PAB) indices and 3 Climate Transition Benchmark (CTB) indices, reaffirming our leadership in providing sustainability-focused financial products. With €509 billion in assets under management (AuM), we continue to push the boundaries of sustainable finance.

Empowering people through diversity and inclusion

At Euronext, we believe our people are at the heart of our success. We are dedicated to fostering an inclusive workplace where every employee has the opportunity to thrive. As of 2024, we proudly report:

35% female workforce
44% female representation in early career roles
35% female representation in senior leadership positions

We also achieved a Diversity, Equity, and Inclusion (DEI) score of 81% at the group level. With over 290 active members in our D&I networks and 98% of all Euronext employees participating in at least one training session in 2024, we are committed to continually improving our workplace culture.

Upholding the highest standards of corporate governance

We are proud to report that in 2024, Euronext had zero cases of corruption or bribery and made no financial or in-kind contributions to any political parties, candidates or governmental bodies, in line with our ethical commitment to maintaining neutrality and integrity.

Recognition for our ESG performance

Our ESG ratings continue to strengthen investor and stakeholder confidence in our sustainability performance. Key recognitions include:

Upgrading to MSCI AA rating
Sustainalytics 13.4 rating, achieving “industry leader”
CDP B rating

These accomplishments are a testament to Euronext’s robust ESG performance and our ongoing dedication to transparency.

Looking ahead: a sustainable future

The publication of our first CSRD-aligned report marks a pivotal moment in our sustainability journey,enhancing the quality and scope of our non-financial disclosures while taking tangible steps to address the most urgent environmental, social and governance challenges of our time.

From significant reductions in greenhouse gas emissions to the development of sustainable financial products and services, we are committed to creating long-term value for all stakeholders. Our continued focus on diversity, inclusion and corporate governance ensures that our people remain at the heart of everything we do.