Luxembourg Green Exchange

(LGX)

December 2017 - 1

Bring SCALE to the market:

Increased investor base

Enhanced product visibility (lists/segments)

Additional liquidity (trading)

Indices

Promote TRANSPARENCY & COMPARABILITY:

Integrity and trust

No green/social washing

Guidelines/rules

Foster INTERNATIONAL COOPERATION:

Disseminate best practices

Create convergence around common metrics/practices

Luxembourg Green Exchange

The role of stock exchanges in sustainable finance

December 2017 - 2

Luxembourg Green Exchange

Strong integrated approach

December 2017 - 3

Luxembourg Green Exchange

Filling a market gap

Creation of the world’s first and only green exchange in September 2016

December 2017 - 4

Transparency and disclosure as key pillars of the LGX platform

Luxembourg Green Exchange

How to get displayed on LGX?

Listing on

a LuxSE market

External

Review

Commitment to post

issuance ongoing

reporting

Display on

LGX platform

1 4 5

Post issuance

monitoring by

LGX team

2 3

LuxSE MarketEuro MTF

Market

December 2017 - 5

For issuers

Optimal visibility for their additional disclosure efforts

Enhanced sustainability profile (e.g. shareholders, consumers)

Free upload of green, social and sustainable securities documentation

Promotion of their sustainability strategy

For investors

Easy access to green, social and sustainable labelled securities

Free and unrestricted access to sustainability-related information

Improved comparability of green, social and sustainable securities

High transparency

Luxembourg Green Exchange

Bridging the needs of issuers and investors

December 2017 - 6

Luxembourg Green Exchange

The LGX windows – more than green bonds

100% green

Green

bonds

100% social

Social

bonds

Blend of

green and social

Sustainable

bonds

December 2017 - 7

Luxembourg Green Exchange

Bonds displayed

on LGX by amount issued*

LGX market share for listed green

bonds by amount issuedSource : Bloomberg & LuxSE

*in EUR billion

Bonds displayed on LGX

* Figures as of Jul y 2017

50%50%

Rest of

the world

37.9

42.7

44.4

46.5

57.3

61.7

64.2

72,7

36,00

41,00

46,00

51,00

56,00

61,00

66,00

71,00

76,00

Green bonds Social bonds Sustainable bonds

December 2017 - 8

Green bond issuers

Social and sustainable bond issuers

Luxembourg Green Exchange

Issuers displayed on LGX

December 2017 - 9

Luxembourg Green Exchange

Global geographical reach

Geographical distribution of LGX issuers

40 issuers

150 securities displayed on LGX

EUR 72.7 billion issued in total

17 currencies