Accelerating sustainable finance
In 2021, LuxSE continued to develop the LGX platform to reflect and foster new market trends, with the overarching objective to accelerate sustainable investment. The LGX fund window was revamped to reflect the Article 8 and Article 9 fund classification under the Sustainable Finance Disclosure Regulation, providing more transparency to investors around funds’ SFDR classification. To highlight the wider sustainable investment universe beyond labelled bonds and expand sustainable investment opportunities for impact-conscious investors while demand for green bonds exceeds the supply, LuxSE also added a new section featuring Climate-Aligned Issuers, showcasing companies that derive at least 75% of their revenues from environmentally friendly activities.
To address the main hurdles to sustainable finance, LuxSE further developed the LGX DataHub and LGX Academy in 2021. The scope of the LGX DataHub was expanded to include sustainability-linked bonds (SLBs) in addition to green, social and sustainability bonds, and now offers structured sustainability data on more than 7,000 of the world’s listed sustainable debt instruments. LuxSE also brought the LGX Academy courses to a number of additional countries, including Rwanda, Cabo Verde and Vietnam as part of the exchange’s focus on sustainable finance capacity building in emerging markets.
As of 31 May 2022, LGX encompasses a total of 2,800 sustainable securities, including 1,400 green, social, sustainability and sustainability-linked bonds from 240 issuers in 50 countries, raising a total of EUR 736 billion for green and social investment and sustainable development across the world.