CSR - Corporate Social Responsibility

At the Luxembourg Stock Exchange (LuxSE), CSR is a natural and integral part of the overall business strategy and the company’s operations. With the slogan “Always in motion”, LuxSE works towards long-term goals that bring value to all stakeholders, while contributing to making capital markets more sustainable.

Our CSR goals and activities are structured around four core pillars (think PEOPLE, think BUSINESS, think COMMUNITY and think PLANET) which are built on LuxSE’s vision and corporate values. Through these four pillars of sustainability, LuxSE contributes directly to 9 United Nations Sustainable Development Goals (UN SDGs).

think PEOPLE: Boosting investment in our human capital

We are committed to educating our staff on sustainability matters and to creating their buy-in to achieve our goals. We are convinced that human capital is key to our business. In this respect, we provide a workplace that promotes integrity, gender equality, diversity, training, mobility and learning opportunities. In everything we do, we ensure that our employees’ wellbeing is at the centre of our actions.
More globally, through this “think PEOPLE” pillar, we are simultaneously contributing to 4 UN SDGs:

think BUSINESS: Ensuring transparent, fair and safe markets

LuxSE acts as an intermediary between firms and investors and therefore has to take the needs and expectations of both parties into account. This is why LuxSE continually looks for ways to innovate and reinforce its sustainable business model as well as to ensure transparent, fair and safe access to capital markets. To do so, we guarantee a clear communication and we pay rigorous attention to the quality of information shared. Creating trust and ensuring transparency for investors are a high priority for us. Thus, with the creation and development of LuxSE’s green platform - LGX, we provide visibility to sustainable financial products and issuers by displaying bonds and funds compliant with Environment, Social, and Governance (ESG) criteria, while also contributing to several SDGs:

think COMMUNITY: Providing support to local communities

As a central point of the Luxembourg financial sector and a key player in international capital markets, we must ensure that we understand our communities’ needs and expectations. That is why we strongly encourage them to engage with us in addressing local sustainability issues. Moreover, we recognise our responsibility to actively participate in a fruitful and constructive exchange of ideas between market players. We share our expertise and knowledge to help guide our peers, clients, competitors, regulators and other financial market participants in developing market initiatives and regulations. Lastly, we also engage in partnerships with NGOs to support local and international initiatives and thus make an impact towards achieving the UN SDGs. Through this pillar, we contribute to the following SDGs:

think PLANET: Taking action towards a neutral carbon footprint

It is our shared responsibility to do our utmost to protect our planet, which is borrowed from the next generations. In our daily activities, we pledge to behave in a sustainable way and to protect our planet. Moreover, we provide environment-friendly office facilities and support programmes focused on reducing and recycling waste, such as: the implementation of a Clever Akafen procurement strategy, the use of Ecolabel certified products, the introduction of e-Car sharing, the signature of the Zero Single Use Plastic manifesto of IMS, etc. So far, through this pillar we have contributed to 3 SDGs:

Our ambition is to build and support further actions that will expand our contribution to the global goals over time, at both company and individual level. We believe that all together, we can build a more sustainable environment for the next generations.

Sustainability Report

LuxSE recently released its first Sustainability Report for the year 2019 in order to present its Corporate Social Responsibility strategy and activities. Curious to know more? Download the Report in full here.

Promoting Sustainable Investments

Over the last few years, LuxSE has engaged in the fight against climate change by taking daily actions towards a more sustainable economy and promoting sustainable investments at both national and international levels. With the objective of making finance part of the solution, LuxSE has created and developed several sustainable products and services that contribute to sustainable development.

Embracing ESG considerations

The transition to a more sustainable economy has led to a significant increase in investor demand for transparent and comprehensive data on Environmental, Social and Governance (ESG) aspects. As part of its efforts to promote transparent capital markets, LuxSE has published a set of comprehensive guidelines for reporting on ESG aspects. LuxSE’s Guide to ESG Reporting constitutes a comprehensive and solid roadmap for companies, issuers and asset managers as for how to integrate ESG considerations into their business-decisions, strategies and operations.

Download the LuxSE’s Guide to ESG Reporting for free here.

LGX - the leading platform for sustainable securities

To contribute to the development of the sustainable finance market, LuxSE launched the Luxembourg Green Exchange (LGX) in 2016, a leading global platform dedicated exclusively to green, social and sustainable securities. LuxSE has been chosen by major multilateral development banks and other sovereign entities as their preferred listing venue for their sustainable financial instruments. Through LGX, LuxSE aims to promote and facilitate sustainable finance by giving visibility to investment projects with a positive impact on society.

Since 2018, LuxSE has been a member of the European Commission’s Technical Expert Group on Sustainable Finance (TEG). This group aims to assist the European Commission in developing an EU classification system – the so-called EU taxonomy – to determine whether an economic activity is environmentally sustainable.

In February 2020, TEG published the Usability Guide for the upcoming EU Green Bond Standard and the Final Report on the EU Taxonomy. Both documents aim to provide guidance to the market on the proposed green bond standard and on the EU’s classification system for environmentally sustainable economic activities. LuxSE is proud to offer its expertise and contribute to shaping a sustainable European economy.

More information about LuxSE's approach to Sustainability

Latest news

Joint donation to frontline workers

LuxSE and Shanghai Stock Exchange (SSE) recently joined forces to donate 40,000 pairs of medical gloves to the Luxembourg Ministry of Health, in order to support healthcare workers in Luxembourg in the fight against COVID-19.

To find out more, read our press release in full here.

No listing fee for COVID-19 bonds

In order to support financing efforts to fight the pandemic and its overwhelming ramifications, LuxSE decided to waive the listing fee for social and sustainability COVID-19 response bonds eligible for display on LGX from April until 30 September 2020.

Find out more about the recent decision here.

Exchange of the Year

Following the release of Environmental Finance’s Bonds Awards 2020 winners, LuxSE is happy to announce that it has won the Exchange of the Year prize for the fourth consecutive year. LuxSE is committed to continuing its hard work in paving the way towards a more sustainable economy. Read more here.

A word from our CEO

"Sustainability is one of the main pillars of our overall strategy. We are gradually working to integrate sustainability into all our operations. We strive to reduce our carbon footprint through proper waste management. We offer flexible schedules to our employees and help local communities through selected charities. These are only a few examples of the activities we have implemented as part of our social responsibility."

Robert Scharfe

CEO of LuxSE

Contact us

Catherine Wauters

CSR Manager, Business Project Management

+352 47 79 36 219 cwa@bourse.lu

CSR - Corporate Social Responsibility