LuxSE joins GFANZ through Net Zero Financial Service Providers Alliance

en

At the COP26 in Glasgow, the Luxembourg Stock Exchange (LuxSE) this week announced that it is now a signatory of the Net Zero Financial Service Providers Alliance (NZFSPA). The alliance is part of the broader Glasgow Financial Alliance for Net Zero (GFANZ) launched by Mark Carney, the UN Special Envoy on Climate Action and Finance.

<< Back
04/11/2021 |
  • Julie Becker LuxSE

The Net Zero Financial Service Providers Alliance is a global group of financial service providers committed to supporting the goal of global net zero greenhouse gas emissions by 2050 or sooner, in line with the ambition to limit the global temperature increase to 1.5°C above pre-industrial levels. It announced 6 new signatories at the COP26, including LuxSE. The NZFSPA now covers 23 organisations across North America, Central America, Europe, Asia and Africa. The overall goal of the alliance is to accelerate the transition to a net zero economy.

“The Luxembourg Stock Exchange is truly honoured to be part of the Net Zero Financial Service Providers Alliance and is engaged in the overall goals of the GFANZ. Service providers, and especially exchanges, have a crucial role to play in accelerating the transition to a low-carbon and more inclusive economy. We are working towards net zero emissions within our own operations and just as importantly, we commit to ensuring our products and services support a high ambition, engaging with all our clients and stakeholders on sustainability matters and supporting them in defining credible pathways to net zero greenhouse gas emissions. Global challenges require collective responses, and the NZFSPA can inspire action and accelerate the climate transition across our industry,” commented Julie Becker, CEO of the Luxembourg Stock Exchange.

Driving change through services

NZFSPA is the only global alliance dedicated to net zero that focuses on service providers and is supported by the UN Sustainable Stock Exchanges initiative. Member organisations have committed to aligning all their relevant services and products to improve consistency in financial decision-making with achieving a net zero economy by 2050, at the latest. Alliance members will set Science Based Targets for their own emissions and have committed to report on their progress, including publishing disclosures aligned with the recommendations of the Taskforce on Climate-Related Financial Disclosures.

So far, six exchanges are members of the alliance: Luxembourg Stock Exchange, London Stock Exchange Group, Singapore Exchange, Hong Kong Exchange, Mexican Stock Exchange and Johannesburg Stock Exchange. Other signatories include Bloomberg, Morningstar, Moody’s, MSCI, Deloitte, KPMG, EY and PwC.

Back to top  | << Back

Communiqués liés

EQS Group Achim Weick 300dpi
05/10/2022 Partenariat

PwC Luxembourg signs alliance with EQS Group

Today, PwC Luxembourg announces that they have joined forces with EQS since Augu...

PwC
BDO Luxembourg's New Partner 2022
05/10/2022 Personnalités

BDO Luxembourg announces the nomination of 3 new partners

BDO in Luxembourg has the pleasure of announcing the nomination of Eric Bineau, ...

BDO
Sara Laabid Apex Group

Apex Group launches new DEI Solution for Private Markets

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex
CMS

CMS advises on the launch of Imagine Impact Bonds, the first...

CMS has advised on the launch of Imagine Impact Bonds, a joint initiative betwee...

CMS Luxembourg
Goodyear

Goodyear présente le concept-pneu Eagle Go pour équiper le...

Le mélange de gommes de la bande de roulement du concept-pneu Eagle GO est comp...

Goodyear
Livrée Think Pink © Luxair 4
28/09/2022

Octobre rose : Luxair passe du bleu au rose

A l’occasion du mois de sensibilisation au cancer du sein, Luxair s’habille ...

Luxair

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