The Euronext® Euro Large Cap Biodiversity Leaders 30 Index has been awarded “Index of the year” at the SRP Europe Awards Ceremony, held on 8 March 2023 in London, UK.
What is the Euronext Euro Large Cap Biodiversity Leaders 30 index?
The Euronext Euro Large Cap Biodiversity Leaders 30 helps investors identify large-cap companies from Euronext Eurozone 300 Index that score well on biodiversity. Designed by Euronext Indices in partnership with BNP Paribas, the index leverages biodiversity impact analytics (BIA-GBS) co-developed by Carbon4 Finance and CDC Biodiversité.
The index aims to support the financial sector in its sustainable transition, to align with international targets, and reduce multiple pressures on biodiversity including climate change.
The Euronext® Euro Large Cap Biodiversity Leaders 30 index is an example of an innovative benchmark designed to provide exposure to large-cap companies with a low normalised impact on biodiversity. It considers different biomes (aquatic freshwater and terrestrial) and different time horizons (static and dynamic).
The index also includes a set of exclusion filters that are widely adopted by financial institutions.
Tackling the preservation of biodiversity is a key focus for Euronext
Responsible investment has become increasingly important, with the aim of supporting sustainable growth. Across financial markets, conversations around Biodiversity risk remain high on the agenda, driven also by various EU regulations (EU Taxonomy, SFDR) and local regulations (Article 29 of the French law on Energy and Climate) that require disclosures on Biodiversity.
At Euronext, we offer a full suite of Biodiversity indices which are tracked by several ETFs and Structured Products.
Euronext indices are used by financial institutions all around the world
With more than 15,000 ETFs, funds and derivatives associated to our indices with billions in assets under management, Euronext has extensive expertise across a wide range of ESG and thematic indices, and is strongly engaged in supporting the financial sector’s sustainable transition.
This recognition as 'Index of the Year' from the industry is testament to the relevance of Euronext’s Index offering for market participants.