Euronext joins the CAC SBT 1.5° Index
March 20 2023 - 11:45AM
Euronext joins the CAC SBT 1.5° Index
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Euronext joins
the CAC SBT 1.5°
Index
Inclusion of
Euronext demonstrates
progress on its climate
commitment following the validation of its SBTi
targets
Amsterdam, Brussels, Dublin, Lisbon,
Milan, Oslo and Paris – 20
March 2023 – Euronext,
the leading pan-European market infrastructure, is proud to
announce today its inclusion into the CAC SBT 1.5° Index following
the quarterly review of the index.
The CAC SBT 1.5°, launched earlier this year1,
solely comprises companies within the SBF 120 Index that have
emission reduction targets approved to be in line with the 1.5°
goal of the Paris Agreement.
The integration in the index follows the
validation of Euronext’s climate targets by the Science-Based
Targets initiative (SBTi) and testifies Euronext’s commitment to
significantly reduce its emissions across its entire value chain,
as part of its “Fit for 1.5°” commitment, a key pillar of “Growth
for Impact 2024” strategic plan.
In February 2023, Euronext announced the
validation by SBTi of its emission reduction targets:
- By 2030, Euronext will reduce its
Scope 1 and Scope 2 market-based greenhouse gas emissions by 73.5%
compared to 2020;
- By 2030, Euronext will reduce its
Scope 3 business travel emissions by at least 46.2% compared to
2019;
- By 2027, Euronext suppliers,
representing 72% of Euronext’s greenhouse gas emissions derived
from purchased goods and services, must set targets on their Scope
1 and Scope 2 emissions.
Stéphane Boujnah, CEO and Chairman of the
Managing Board of Euronext, commented:
“The inclusion of Euronext into the CAC SBT 1.5°
today demonstrates once again our commitment to taking climate
action, with clear and measurable targets. Following our Fit for
1.5° commitment announced in November 2021, we have made
significant steps, the key one being the validation by SBTi of our
ambitious climate targets last February. We are proud to join the
companies included in the CAC SBT 1.5° index, that helps investors
direct their investment towards sustainable and committed
projects.“
CONTACTS MEDIA –
mediateam@euronext.com |
Aurélie Cohen
(Europe) |
+33 1 70 48 24
45 |
parispressoffice@euronext.com |
Marianne
Aalders (Amsterdam) |
+31 20 721 41
33 |
maalders@euronext.com |
Pascal Brabant
(Brussels) |
+32 2 620 15
50 |
pbrabant@euronext.com |
Sandra Machado
(Lisbon) |
+351 210 600
614 |
smachado@euronext.com |
Andrea Monzani
(Europe/Milan/Rome) |
+39 02 72 42 62
13 |
italypressoffice@euronext.com |
Cathrine
Lorvik Segerlund (Oslo) |
+47 41 69 59
10 |
clsegerlund@euronext.com |
Sarah Mound
(Corporate, Paris) |
+33 1 70 48 24
45 |
smound@euronext.com |
Coralie Patri
(Europe – Corporate Services) |
+33 7 88 34 27
44 |
cpatri@euronext.com |
ANALYSTS & INVESTORS
– ir@euronext.com |
Aurélie
Cohen |
+33 1 70 48 24
27 |
ir@euronext.com |
Clément
Kubiak |
+33 1 70 48 26
33 |
ir@euronext.com |
About Euronext Euronext is the
leading pan-European market infrastructure, connecting European
economies to global capital markets, to accelerate innovation and
sustainable growth. It operates regulated exchanges in Belgium,
France, Ireland, Italy, the Netherlands, Norway and Portugal. With
close to 1,930 listed equity issuers and around €6.3 trillion in
market capitalisation as of end December 2022, it has an unmatched
blue chip franchise and a strong diverse domestic and international
client base. Euronext operates regulated and transparent equity and
derivatives markets, one of Europe’s leading electronic fixed
income trading markets and is the largest centre for debt and funds
listings in the world. Its total product offering includes
Equities, FX, Exchange Traded Funds, Warrants & Certificates,
Bonds, Derivatives, Commodities and Indices. The Group provides a
multi-asset clearing house through Euronext Clearing, and custody
and settlement services through Euronext Securities central
securities depositories in Denmark, Italy, Norway and Portugal.
Euronext also leverages its expertise in running markets by
providing technology and managed services to third parties. In
addition to its main regulated market, it also operates a number of
junior markets, simplifying access to listing for SMEs.For the
latest news, go to euronext.com or follow us on Twitter
(twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
Disclaimer
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products that are traded on the exchanges operated by Euronext’s
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1 For more information on the index, please see:
https://www.euronext.com/en/about/media/euronext-press-releases/euronext-launches-cac-sbt-15deg-index
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