GlobalData offers a comprehensive analysis of London Stock Exchange , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on London Stock Exchange’s ESG performance. GlobalData’s company profile on London Stock Exchange offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
London Stock Exchange has committed to achieving net-zero emissions before 2040 and aligning all relevant services and products to net-zero by 2040. London Stock Exchange's latest filings mentioned the keywords 'Carbon' and 'Emissions' most number of times in relation to 'Net Zero'.
The company has set a near-term science-based target, approved by SBTi, to reduce its greenhouse gas (GHG) emissions by 50% from its 2019 base year emissions by 2030. The target covers Scope 1 & 2 (market-based) + 3 (fuel and energy-related activities, business travel, employee commuting) emissions, and the company aims to cover 100% of in-scope emissions.
According to the LSEG Sustainability Report 2022, the company reports its GHG Protocol Scope 1 and Scope 2 emissions in metric tonnes of carbon dioxide equivalent (tCO2e) and estimates and reports material upstream and downstream (GHG Protocol Scope 3) emissions where appropriate. In 2021, the company reported Scope 1 emissions at 1,470 tones CO₂ equivalent and Scope 2 emissions for market based and location based at 4,167 tones CO₂ equivalent and 1069,833 tones CO₂ equivalent respectively, while scope 3 emissions were reported at 713,089 tones CO₂ equivalent. The company has implemented the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and provides two online tools for companies to get insights into best practice ESG disclosure and climate reporting.
LSEG has taken steps to reduce emissions, including launching its Climate Transition Offering, expanding the Sustainable Bond Market, and establishing the Transition Bond Segment. The company also provides a Climate Governance Score and Climate Governance Tool to help companies assess their carbon management practices and incorporation of climate change considerations into business strategies. LSEG has convened an External Delivery Group of experts from across the financial sector and carbon markets to develop a Voluntary Carbon Market.
LSEG reviews the data comprising its Climate Governance Score to assess how well public companies are integrating climate change considerations into their business strategies. The accompanying online tool enables companies to receive personalized recommendations on how to improve their carbon management practices and progress through the Transition Pathway Initiative's (TPI) levels. The company aims to accelerate the just transition to net-zero by enabling more companies and issuers to access the capital needed to finance the transition to a low-carbon economy.