Nasdaq Advances Corporate Sustainability Leadership in 2019
December 19 2019 - 7:00AM
Nasdaq (Nasdaq: NDAQ) announced today its milestones achieved in
2019 to advance its environmental, social and governance (ESG)
practices as part of its company-wide commitment to sustainability.
Nasdaq’s ESG efforts were successfully reflected both in its work
with corporate clients as well as within its own operations.
“Our commitment to ESG – including our carbon footprint
reduction program – mirrors our commitment to our clients and the
communities in which we serve,” said Evan Harvey, Global Head of
Sustainability at Nasdaq. “As more clients and companies search for
sustainable business products and processes, we not only try to
meet that need, but anticipate it. The world is changing – as are
market and institutional investor expectations – and companies will
continue to adapt in order to create long-term value and a
meaningful contribution to all their stakeholders.”
Nasdaq’s listed companies have a deep tradition of innovation,
responsibility, and dedication to sustainable practices, with an
average of 76% of companies listed on our U.S. and European
exchanges reporting on at least one ESG metric on an annual
basis1.
Nasdaq’s 2019 ESG highlights:
Corporate & Community Efforts |
Initiative |
Description |
ESG Reporting & Engagement |
Nasdaq accelerated its engagement and expanded disclosures with key
stakeholders in the investment community, including leading ESG
research providers. Increased transparency and improving
fundamentals resulted in an 18% rise in Nasdaq’s Sustainalytics ESG
score in 2019, the largest among its peer group.
|
ESG Oversight |
Nasdaq’s board of directors reconstituted its Nominating &
Governance Committee to include oversight of Nasdaq’s corporate
responsibility, including environmental and social initiatives.
Committee renamed in December 2019 as the “Nominating & ESG
Committee,” underscoring board-level commitment to ESG.
|
Carbon Neutrality |
Nasdaq achieved carbon neutrality2 across all business operations
through the purchase of carbon offsets and renewable energy
certificates. |
Stakeholder Advocacy |
Signed the Business Roundtable’s “Statement on the Purpose of a
Company” letter; Nasdaq CEO Adena Friedman committed to deliver
value to all stakeholders. |
LGBTQ Equality |
Named “Best Place to Work for LGBTQ Equality” by the Human Rights
Campaign’s 2019 Corporate Equality Index. |
ESG Index Inclusion |
Named to the prestigious Dow Jones Sustainability North America
Index for the fourth consecutive year. |
Employee Wellness |
Nasdaq Philadelphia office awarded WELL Gold Certification and
Nasdaq Client Experience Center in New York awarded LEED Gold
Certification. |
Volunteer Events |
220 employee volunteer events, logging 4,165 service hours with
more than 500 Nasdaq participants. |
Diversity Initiatives |
Reinforcing our commitment to diversity in meaningful ways –
achieving 30% female participation on our board of directors and
signing the United Nations’ CEO Statement of Support for the
Women’s Empowerment Principles |
Educational Support |
Committing more than $1M in grants and donations to organizations
in the U.S. and abroad through our Educational Foundation and
Nasdaq GoodWorks program |
ESG Services & Solutions |
Offering |
Description |
Nasdaq Center for Corporate Governance |
Established global information and research hub in 2019 to
accelerate the understanding of emerging corporate governance and
sustainable business practices through insights and research.
|
Nasdaq Sustainable Bond Network |
Launched the Nasdaq Sustainable Bond Network, a global, publicly
available web-based platform designed to improve transparency in
the market for green, social and sustainability bonds. |
ESG Advisory Program |
Consultative solution designed to assist IR professionals with
attracting long-term capital and enhancing value creation via a
capital markets-focused ESG foundation. |
ESG Reporting Guide |
Published updated and expanded our ESG Reporting Guide to support
public and private companies globally on a voluntary basis who aim
to incorporate ESG reporting into their existing reporting
processes. |
ESG Footprint |
Launched a new ESG data product, measuring the global
sustainability effect of individual securities and designed to help
retail investors make more sustainable investment decisions.
|
Sustainable Debt Market |
In October, the Nasdaq European Sustainable Debt Market surpassed
200 listed instruments, fueled by strong demand from both issuers
and investors looking to allocate funds in a more sustainable
direction. |
ESG Index Futures Milestone |
In October, trading in the OMXS30 ESG Index Futures reached one
million contracts since its launch in 2018; the first exchange
listed ESG index future in the world. |
eVestment ESG Data |
eVestment’s ESG data now includes asset flows data on over 975
firms globally, with over 8,000 strategies constituting $26
trillion in AUM managed with ESG considerations. |
ESG Data Portal |
The Nasdaq ESG Data Portal, launched in 2018, now has ESG data from
303 companies across all ICB sectors. The Portal is a centralized
distribution point that offers institutional investors access to
standardized ESG data from Nordic listed companies. |
Nasdaq is committed to long-term ESG advocacy, oversight, and
philanthropy to engage with stakeholders at all levels. Nasdaq’s
philanthropic impact has generated millions of dollars in value,
through a combination of employee donations, corporate matching,
and employee volunteer hours since the launch of our GoodWorks
initiative in 2015. With a renewed market emphasis on long-term
value creation, we regularly host ESG-related webinars, in-person
events, and small-scale workshops for clients to enhance their
communications with the investment community.
To learn more about Nasdaq’s corporate responsibility and
sustainability commitments, visit:
www.nasdaq.com/sustainability.____
1 Nasdaq ESG Reporting Guide (May 2019)2 For calendar year
2018
About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the
capital markets and other industries. Our diverse offering of data,
analytics, software and services enables clients to optimize and
execute their business vision with confidence. To learn more about
the company, technology solutions and career opportunities, visit
us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Nasdaq Media Contacts:
Will Briganti (United States)(646)
964-8169william.briganti@nasdaq.com
Erik Granström (Europe) +46 8 405 78
07erik.granstrom@nasdaq.com
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