“It is a privilege for me to join the Luxembourg Stock Exchange and contribute to its efforts to make capital markets more sustainable. Sustainable finance is at a turning point, and LGX is a frontrunner in the field, raising awareness and driving growth in Luxembourg and beyond. We now need to capitalise on this success to encourage all finance market participants to transition to a low carbon and socially fair economy. This will be made possible by promoting transparency, contributing to education and giving access to relevant and reliable data.” said Laetitia Hamon, newly appointed Head of Sustainable Finance at LuxSE.
Mobilising private investment
LuxSE established LGX in 2016 to promote the sustainable finance agenda and help reorient capital flows into sustainable investment projects. LGX is the world’s leading platform for sustainable securities and now counts more than 760 securities by 130 different issuers, totalling EUR 285 billion. In May this year, LuxSE established the LGX Academy to strengthen sustainable finance education and increase financial professionals and students’ knowledge of sustainable instruments, standards and labels as well as sustainable finance market practices.
LuxSE is also developing a centralised datahub for sustainability data points that will allow investors to better understand the environmental impact of different financial products and thereby make more informed investment decisions.