First release of the Euronext ESG Trends Report 2024 shows promising sustainability progress among Euronext-listed companies.
Key highlights
- Greenhouse Gas (GHG) Emissions: The report reveals a significant reduction in GHG emissions, with an average decrease of 14% in Scope 1 and 2 emissions over the past three years. Notably, mid-cap companies have been pivotal in this progress, showcasing a 29% reduction in their emissions.
- Energy Management: Energy consumption patterns have evolved considerably, with large caps reducing their energy intensity by 26%. The share of renewable energy consumption and production has increased by 7 percentage points, reflecting a growing commitment to sustainable energy practices.
- Diversity and Inclusion: There have also been improvements in diversity and inclusion, with a 2.1 percentage point increase in board gender diversity since 2021. Additionally, the number of women in management positions has seen a rise, highlighting ongoing efforts to foster gender equality in the workplace.
- EU Taxonomy: The report underscores the rapid adoption of EU Taxonomy criteria, with 70% of large caps and 49% of mid-caps already aligning with the new reporting obligations. This demonstrates the critical role of regulations in integrating ESG key performance indicators (KPIs) into corporate reporting.
