ESG Guidelines issued for listed companies at the London Stock Exchange Group ("LSEG").

 

With increased investor demand for more availability and consistency of environment, social and governance ("ESG"), the LSEG have released guidance through its Global Sustainable Investment Centre.

 

The guide, available for both investor and issuers has been issued to over 2,700 companies listed on LSEG's UK and Italian markets. The market combined capitalisation of these markets are valued at more that £5trillion.

 

The guidance, in line with the United Nations' Sustainable Stock Exchange Initiative, has identified eight priorities for ESG reporting which are 1) strategic relevance, 2) investor materiality, 3) Investor grade data, 4) global frameworks, 5) reporting formats, 6) regulation and investor communication, 7) green revenue reporting and 8) debt finance.

 

Xavier R. Rolet MBE, CEO of the London Exchange Group said:

 

 “Our Group plays an essential role in supporting sustainable economic development through a number of our businesses around the world. This ESG guide is an important new tool to encourage and assist issuers in providing ESG information that investors can use to inform their engagement with companies and their investment decisions. I hope this report helps improve transparency and disclosure in this increasingly important area.”

 

LSEG's "Your Guide to ESG reporting" can be accessed via this link.

 

Category: Growth

Initiative: United Nations' Sustainable Stock Exchange Initiative

Date published: 09 February 2017

Source: London Stock Exchange Group