The guidelines for ESG reporting have been created to help listed companies address material issues and important principles to consider when preparing an ESG report, as well as in their work with investor relations.
Environmental, social and governance (ESG) refers to the three central factors in measuring the sustainability of a business. Companies can integrate ESG concerns into their long-term strategy with a view to make an overall positive contribution, achieve sustainable growth, and avoid and address adverse impacts related to its operations, products or services.
The guidelines are intended to help simplify the efforts of listed companies on Euronext markets to:
The use of the Euronext guidance on ESG reporting is voluntary for companies. Companies that apply the guidance may highlight this by including the following statement in their annual report and/or their separate ESG report: “We follow the Euronext guidance on ESG reporting of January 2020”.
The Euronext guidelines will replace the Oslo Børs Guidance from 2018 on the reporting of corporate responsibility. Issuers may continue to apply the Oslo Børs Guidance when preparing their annual report and/or separate corporate responsibility report for 2019.