Luxembourg Green Exchange
(LGX)
December 2017 - 1
Bring SCALE to the market:
Increased investor base
Enhanced product visibility (lists/segments)
Additional liquidity (trading)
Indices
Promote TRANSPARENCY & COMPARABILITY:
Integrity and trust
No green/social washing
Guidelines/rules
Foster INTERNATIONAL COOPERATION:
Disseminate best practices
Create convergence around common metrics/practices
Luxembourg Green Exchange
The role of stock exchanges in sustainable finance
December 2017 - 2
Luxembourg Green Exchange
Strong integrated approach
December 2017 - 3
Luxembourg Green Exchange
Filling a market gap
Creation of the world’s first and only green exchange in September 2016
December 2017 - 4
Transparency and disclosure as key pillars of the LGX platform
Luxembourg Green Exchange
How to get displayed on LGX?
Listing on
a LuxSE market
External
Review
Commitment to post
issuance ongoing
reporting
Display on
LGX platform
1 4 5
Post issuance
monitoring by
LGX team
2 3
LuxSE MarketEuro MTF
Market
December 2017 - 5
For issuers
Optimal visibility for their additional disclosure efforts
Enhanced sustainability profile (e.g. shareholders, consumers)
Free upload of green, social and sustainable securities documentation
Promotion of their sustainability strategy
For investors
Easy access to green, social and sustainable labelled securities
Free and unrestricted access to sustainability-related information
Improved comparability of green, social and sustainable securities
High transparency
Luxembourg Green Exchange
Bridging the needs of issuers and investors
December 2017 - 6
Luxembourg Green Exchange
The LGX windows – more than green bonds
100% green
Green
bonds
100% social
Social
bonds
Blend of
green and social
Sustainable
bonds
December 2017 - 7
Luxembourg Green Exchange
Bonds displayed
on LGX by amount issued*
LGX market share for listed green
bonds by amount issuedSource : Bloomberg & LuxSE
*in EUR billion
Bonds displayed on LGX
* Figures as of Jul y 2017
50%50%
Rest of
the world
37.9
42.7
44.4
46.5
57.3
61.7
64.2
72,7
36,00
41,00
46,00
51,00
56,00
61,00
66,00
71,00
76,00
Green bonds Social bonds Sustainable bonds
December 2017 - 8
Green bond issuers
Social and sustainable bond issuers
Luxembourg Green Exchange
Issuers displayed on LGX
December 2017 - 9
Luxembourg Green Exchange
Global geographical reach
Geographical distribution of LGX issuers
40 issuers
150 securities displayed on LGX
EUR 72.7 billion issued in total
17 currencies