GlobalData offers a comprehensive analysis of London Stock Exchange, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on London Stock Exchange‘s ESG performance. GlobalData’s company profile on London Stock Exchange offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
London Stock Exchange has set target for net zero by 2050, aligning with the goals of the Paris Agreement. In terms of carbon emissions trends, the company reported 35,107 tCO2e in 2022, which is a reduction compared to the base year emissions of 91,518 tCO2e in 2019. However, the current emissions exceed the reduction target by 23%. Additionally, the company has set a target for the year 2030, projecting emissions to be 45,759 tCO2e.
To reduce emissions, London Stock Exchange has implemented various measures. They have fully implemented the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and estimate and report material upstream and downstream emissions. The company has also launched the Climate Transition Offering, expanded the Sustainable Bond Market, and established the Transition Bond Segment to support low-carbon transition plans. Additionally, they provide online tools for companies to improve their ESG disclosure and climate reporting.
London Stock Exchange is committed to supporting issuers with access to capital and sustainable finance products and services. They have announced their intention to develop a Voluntary Carbon Market and have convened an External Delivery Group of experts to work on this initiative. The company is also a member of the Net Zero Financial Service Providers Alliance and the Voluntary Carbon Markets Integrity Council.
In conclusion, London Stock Exchange has set ambitious net-zero targets and is taking significant steps to reduce its emissions. They have implemented various initiatives, expanded sustainable finance offerings, and provide tools for companies to improve their climate disclosure and carbon management practices. London Stock Exchange is committed to supporting the transition to a low-carbon economy and embedding net-zero across the financial system.
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