Jane Goodland
The changing climate is undoubtedly one of the biggest challenges facing the world today, affecting global ecosystems, societies, and the economy. Huge amounts of capital are required to adapt to these challenges and create sustainable growth. At LSEG, we believe the way we can have the most impact is to use our position at the centre of global markets to help mobilise the capital needed to reach net zero and by providing the critical market infrastructure and data to support this.
This informs our focus on three strategic sustainability priorities - accelerating the just transition to net zero; enabling the growth of the green economy; and creating inclusive economic opportunity - where we feel we can make the most impact through our customer solutions, market engagement, operations, supply chain and our community work.
Accelerating the just transition to net zero
Through well-considered policy, capital can be channelled effectively to support the transition to net zero. At LSEG, we have focused our recent efforts to include input into the UK's Transition Plan Taskforce (TPT) disclosure framework and the Net Zero Public Data Utility (NZDPU). These initiatives, along with others, aim to bring greater consistency and clarity in climate-related information and transition planning globally.
We are also mindful of our own environmental impact. We have set science-based targets to significantly reduce our emissions[1] by 2030. We continue to make good progress towards these and we remain well-positioned to achieve our targets.
Enabling the growth of the green economy
Alongside decarbonising the economy, LSEG also enables organisations to raise capital for sustainable transition through market infrastructure such as the Sustainable Bond Market.
In 2023, over £64 billion of capital was raised by new and existing bonds on the London Stock Exchange’s Sustainable Bond Market (SBM) through 119 issuances. This brings the cumulative total to £232.2 billion raised on our SBM since launch in 2019. In addition, 110 companies and funds have achieved the London Stock Exchange’s Green Economy Mark, which recognises companies and funds deriving 50% or more of their revenues from environmental products and services.
Creating inclusive economic opportunity
We recognise that a successful transition to a low carbon economy can only be achieved if everyone has the opportunity to participate in sustainable economic growth. To support this, we are committed to building an inclusive culture that embraces diversity and empowers all our employees. We also support economic empowerment in our local communities through the LSEG Foundation, our main channel for community investment and engagement. The Foundation made particularly good progress in 2023, with volunteering hours, number of employee volunteers and total donations all increasing compared to 2022.
While I am pleased with the progress we made in 2023, there is still much more to do. We are committed to doing everything we can to secure a more sustainable future and I encourage you to watch the video below on how LSEG is helping mobilise capital and supporting our customers to achieve sustainable growth. Our full Sustainability Report and Sustainability Databook are also available to download.
[1] Reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 baseline. Reduce absolute scope 3 emissions from fuel and energy-related activities, business travel and employee commuting 50% by 2030 from a 2019 baseline.
Legal Disclaimer
Republication or redistribution of LSE Group content is prohibited without our prior written consent.
The content of this publication is for informational purposes only and has no legal effect, does not form part of any contract, does not, and does not seek to constitute advice of any nature and no reliance should be placed upon statements contained herein. Whilst reasonable efforts have been taken to ensure that the contents of this publication are accurate and reliable, LSE Group does not guarantee that this document is free from errors or omissions; therefore, you may not rely upon the content of this document under any circumstances and you should seek your own independent legal, investment, tax and other advice. Neither We nor our affiliates shall be liable for any errors, inaccuracies or delays in the publication or any other content, or for any actions taken by you in reliance thereon.
Copyright © 2024 London Stock Exchange Group. All rights reserved.
The content of this publication is provided by London Stock Exchange Group plc, its applicable group undertakings and/or its affiliates or licensors (the “LSE Group” or “We”) exclusively.
Neither We nor our affiliates guarantee the accuracy of or endorse the views or opinions given by any third party content provider, advertiser, sponsor or other user. We may link to, reference, or promote websites, applications and/or services from third parties. You agree that We are not responsible for, and do not control such non-LSE Group websites, applications or services.
The content of this publication is for informational purposes only. All information and data contained in this publication is obtained by LSE Group from sources believed by it to be accurate and reliable. Because of the possibility of human and mechanical error as well as other factors, however, such information and data are provided "as is" without warranty of any kind. You understand and agree that this publication does not, and does not seek to, constitute advice of any nature. You may not rely upon the content of this document under any circumstances and should seek your own independent legal, tax or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither We nor our affiliates shall be liable for any errors, inaccuracies or delays in the publication or any other content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the publication and its content is at your sole risk.
To the fullest extent permitted by applicable law, LSE Group, expressly disclaims any representation or warranties, express or implied, including, without limitation, any representations or warranties of performance, merchantability, fitness for a particular purpose, accuracy, completeness, reliability and non-infringement. LSE Group, its subsidiaries, its affiliates and their respective shareholders, directors, officers employees, agents, advertisers, content providers and licensors (collectively referred to as the “LSE Group Parties”) disclaim all responsibility for any loss, liability or damage of any kind resulting from or related to access, use or the unavailability of the publication (or any part of it); and none of the LSE Group Parties will be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, howsoever arising, even if any member of the LSE Group Parties are advised in advance of the possibility of such damages or could have foreseen any such damages arising or resulting from the use of, or inability to use, the information contained in the publication. For the avoidance of doubt, the LSE Group Parties shall have no liability for any losses, claims, demands, actions, proceedings, damages, costs or expenses arising out of, or in any way connected with, the information contained in this document.
LSE Group is the owner of various intellectual property rights ("IPR”), including but not limited to, numerous trademarks that are used to identify, advertise, and promote LSE Group products, services and activities. Nothing contained herein should be construed as granting any licence or right to use any of the trademarks or any other LSE Group IPR for any purpose whatsoever without the written permission or applicable licence terms.
