London Stock Exchange Group joins Climate Bonds Initiative Partnership Program
- Becomes first global exchange group to partner with the Climate Bonds Initiative (CBI)
- LSEG committed supporter of green financing
- Builds on launch of dedicated green bond segments
London Stock Exchange Group today announces that it has become the first global exchange group to become an official partner of the Climate Bonds Initiative. LSEG is a committed supporter of green finance and in July 2015 launched a full range of dedicated fixed income segments specifically designed for green bond issuance. Today there are 27 green bonds* listed on London’s markets in six different currencies, including Rupee and RMB-denominated issues.
Through FTSE Russell we also provide dedicated support to institutional investors in this area. The Group has long been at the forefront of developments in the Environmental, Social and Governance (ESG) market, with FTSE having first launched the FTSE4Good index series in 2001. Since then a portfolio of sustainable and low carbon investment services has been built including the FTSE ESG Ratings, the FTSE Ex-Fossil Fuels Index Series and the FTSE Environmental Market Series. These products are underpinned by a data analytics platform and a dedicated global ESG business unit.
Nikhil Rathi Chief Executive Officer, London Stock Exchange plc:
“London Stock Exchange Group is a committed supporter of green financing and we see the transition to a low carbon economy as a major industrial trend. Developing London as a leading international hub for green finance is vitally important to the city and a key driver behind the launch of our dedicated green bond segments last year.”
“In addition to attracting and profiling green bond and equity listings through FTSE Russell we support institutional investors in defining climate factors and integrating them into benchmarks and portfolio analytics.”
“We are delighted to become an official partner of the CBI and look forward to further develop the market place; improving access for issuers, transparency for investors and growing the size and breadth of the green bond sector.”
Climate Bonds CEO Sean Kidney:
“LSE Group has taken a leading position amongst exchanges in supporting the development of global green bond markets. Having LSEG join our Partners Program sends a further and welcome signal to all stakeholders of the growing role green bonds can play in sustainable investment.”
“One of Climate Bonds objectives is to build robust and transparent assurance frameworks around green bond investment. LSEG is uniquely positioned to provide market based knowledge and perspectives as a Climate Bonds Partner. We look forward to working cooperatively on projects that build and strengthen the position of green bonds in providing climate finance solutions.”
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For further information:
+44 (0)20 7797 1222
For further information about the Climate Bonds Initiative please contact Andrew Whiley (+44 (0)7506 270 943)
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH.Clearnet Group, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group’s CSD based in Luxembourg.
LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group’s technology companies.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 5,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com.