As Euronext Sustainability Week 2025 draws to a close, we are pleased to present the 2025 edition of the Euronext ESG Trends Report, which offers a data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
Based on verified disclosures from over 1,550 listed companies, the report highlights significant improvements in emissions reporting, energy efficiency, and governance, while also underscoring areas requiring further attention—particularly Scope 3 emissions.
Key highlights 2025 Euronext ESG Trends Report
- Greenhouse gas (GHG) emissions: There has been a 10% average reduction in Scope 1 and 2 emissions across companies reporting consistently over the past three years. While reporting of Scope 3 emissions, or those linked to a company’s value chain, remains challenging, the number of companies disclosing Scope 3 data has increased by 31% since 2022, marking a key step towards more comprehensive climate transparency.
- Energy management: Energy reporting continues to strengthen, with a 21% increase in disclosures since 2020. Large-cap companies have reduced their energy intensity by 7% (measured in MWh per € million in revenue) since 2020, signalling progress toward more efficient energy use.
- Diversity and governance: The share of women on boards rose by 2.8 percentage points since 2022, while representation in management positions increased by 1.1 percentage points over three years, demonstrating gradual progress in corporate inclusion and leadership diversity. Women now hold over one-third of board positions.
- EU taxonomy and regulation: The 2025 report reflects ongoing adaptation to the EU Taxonomy and CSRD timelines, with listed companies preparing for expanded reporting requirements in the coming years. Regulatory adjustments such as the Omnibus Package have made frameworks more manageable while preserving their integrity. Large public companies reported according to CSRD for the first year (c.300 CSRD reports from Euronext issuers). On average, 23.2% of turnover is now Taxonomy-eligible, while 9.4% is Taxonomy-aligned, highlighting growing alignment with EU sustainability classifications.
- Science-based targets: More than 250 Euronext-listed companies have committed to the Science Based Targets initiative (SBTi), with 217 issuers having near-term targets formally approved. Notably, 70% of those pursuing net-zero targets have already secured SBTi approval, reinforcing a shift from pledges to action.
The Euronext ESG Trends Report 2025 is a critical resource for investors, issuers and policymakers navigating modern ESG initiatives. By offering transparent, standardised data across 50+ quantitative indicators, the report supports informed decision-making and highlights both achievements and ongoing challenges. It showcases the commitment of Euronext-listed companies to delivering measurable, long-term impact through sustainability.
About the database
The 2025 report draws from 96,000+ reported and verified data points covering the period from 2020 to 2024, across companies with a combined market capitalisation of approximately €6.2 trillion. Data is exclusively sourced from public company disclosures, such as annual and sustainability reports, and is verified via the Euronext Connect portal. The database supports the My ESG Profile tool, providing issuers with the opportunity to share their sustainability journey while giving investors access to relevant ESG information grounded in regulatory standards including CSRD, SFDR and the EU Taxonomy.