LuxSE collaborates with Solactive on Solactive LGX Green Bond Impact Index

en

The Luxembourg Stock Exchange (LuxSE) entered into an agreement with the German index engineering company Solactive AG to establish a new green bond impact index, the Solactive LGX Green Bond Impact Index. This index is composed of a selection of green bonds listed on LuxSE and displayed on the Luxembourg Green Exchange (LGX), the world’s leading platform for sustainable securities.

<< Back
26/11/2020 |
  • Julie Becker (002)

All the selected bonds included in the LGX Green Bond Impact Index will exclusively fund projects that have a positive environmental or climate impact. While Solactive remains the owner and administrator of the index, LuxSE supports the German index provider in identifying the securities to include.

LuxSE’s sustainable finance experts will ensure that the green bonds included in the index are compliant with recognised market standards—such as the International Capital Market Association’s Green Bond Principles or the Climate Bonds Taxonomy—and are providing the required documentation, which includes at least an external review and a post-issuance report. LuxSE furthermore builds the selection with liquidity in mind to make the index as relevant as possible for asset managers and investors wishing to invest in green securities.

“By contributing to this new green bond impact index, we take a step further in our mission to facilitate sustainable investment. All stakeholders need to be able to access transparent and meaningful information to make informed and sustainable investment decisions, and indices serve as guidance. The Green Bond Impact Index furthermore enhances the visibility of the green bond issuers displayed on LGX, who commit to maximum transparency. It is a pleasure for us to collaborate with a leading index provider like Solactive on this unique project,” explained Julie Becker, Deputy CEO of LuxSE and Founder of LGX.

A double-expertise project

The index was carefully built to provide market players with exposure to the green bond market. With a wide range of indices already created, Solactive has a broad experience of technical infrastructures, regulatory requirements and security standards, and offers the end-user a smooth experience. LuxSE adds to this technical expertise its in-depth knowledge of sustainable finance and the right data to mirror the green bond market accurately.

“As assets in the ESG space grow tremendously, the number of existing ESG products leave investors with a maze of opportunities. I am very happy that Solactive, with the expertise of LuxSE, is able to connect investors with meaningful investment opportunities via the Green Bond Impact Index, which serves as a transparent benchmark towards a greener future,” commented Timo Pfeiffer, Chief Markets Officer at Solactive.

A new product for the LGX Hub

The Solactive LGX Green Bond Impact Index is the latest initiative by the Luxembourg Green Exchange, a platform for sustainable securities which was rewarded a UN Global Climate Action Award 2020 in the category of Financing for Climate-Friendly Investment for its leading role in sustainable finance.

In 2020, LuxSE has established several services linked to sustainable finance. In May, LuxSE launched the LGX Academy to offer formalised sustainable finance courses to various market players and raise awareness on green, social and sustainable investments, related standards, applicable regulation and current market practice. In September, LuxSE added the LGX DataHub, a centralised database of structured data on a wide range of green, social and sustainability bonds.

To explore the Solactive LGX Green Bond Impact Index, go to https://lgxhub.bourse.lu/index

Back to top  | << Back

Communiqués liés

pwc logo
28/03/2024

Luxembourg's competitiveness: are we still in the race? Seiz...

The 17th Journée de l’Economie took place on 26 March 2024 at the Luxembourg ...

PwC Luxembourg
Wasilewski Didier 2024
28/03/2024 Personnalités

Didier Wasilewski rejoint la direction générale du groupe ...

Didier Wasilewski, Senior Executive d'artelis s.a. et directeur commercial de lo...

Artelis S.A.
Chris Allen - Group CEO Quintet Private Bank
28/03/2024

Le bénéfice net 2023 de Quintet s’élève à 46,9 millio...

Quintet Private Bank, opérant à travers l'Europe et le Royaume-Uni, a annoncé...

Quintet Private Bank
Old town Zurich
28/03/2024

Immobilier de luxe en Suisse – Cela ne marche pas tout seu...

En 2023, le segment du luxe n’a pas été épargné par la hausse des taux d...

UBS Luxembourg
 62A0290 sm
26/03/2024

DLA Piper relocates to iconic Nova Building at the heart of ...

Global law firm DLA Piper will move on 2 April to its new Luxembourg home, the i...

DLA Piper
500 dim250--035-edit-sized-4

Goodyear inaugure son nouveau centre de simulation à Colmar...

Goodyear Tire & Rubber Company a officiellement inauguré aujourd'hui son centre...

Goodyear

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more