Nasdaq Launches Global Environmental, Social and Governance (ESG) Reporting Guide for Companies
Expands Nordic and Baltic initiative to serve public and private companies worldwide
STOCKHOLM, Sweden, May 15, 2019 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the launch of its new global environmental, social and governance (ESG) reporting guide to support public and private companies. The 2019 ESG Reporting Guide includes the latest third-party reporting methodologies widely adopted by the industry, and aims to help companies navigate the evolving standards on ESG data disclosure, regardless of geography or market capitalization.
“Nasdaq’s Nordic exchanges are committed to encouraging the shift towards more transparent and sustainable capital markets, and we are excited to serve our region with an updated version of the guide we first introduced in 2017,” said Lauri Rosendahl, President, Nasdaq Stockholm. “As the investor community continues to put even more emphasis on ESG, our ambition is that this guide serves as a useful reference for companies looking to adopt more sustainable business practices and communicate their progress with investors and other stakeholders.”
The global version of the ESG Reporting Guide is based on three key developments:
- The rise of new reporting frameworks, including the Task Force on Climate-related Financial Disclosures (TCFD) and the UN’s Sustainable Development Goals (UN SDGs);
- Guidance and best practices provided by the World Federation of Exchanges; and
- The results of Nasdaq’s year-long ESG reporting pilot program
“Our expanded ESG Reporting Guide integrates the latest reporting standards and long-term-focused methodologies and aims to further encourage companies in addressing critical ESG matters, such as capital markets and investor strategy, talent acquisition and retention, and supply chain oversight and responsibility,” said Evan Harvey, Global Head of Sustainability, Nasdaq. “Our team remains fully committed to taking a leading role in facilitating ESG practices, disclosures, and dialogue between investors and companies.”
Introduced by Nasdaq in March 2017, the ESG Reporting Guide was originally developed to support Nasdaq’s Nordic and Baltic companies in their search for a more meaningful and sustainable connection with investors. ESG reporting is encouraged but not a formal listing requirement on Nasdaq’s exchanges, and use of the Nasdaq ESG Reporting Guide is a completely voluntary initiative. It is not intended to compete with, supersede, or supplement any existing ESG reporting framework – but rather acts as an informal reference guide for companies looking to leverage ESG reporting as a way to improve operations, enhance strategy, broaden risk oversight, or engage with new investors.
To learn more about Nasdaq’s corporate responsibility and sustainability commitments, visit: https://business.nasdaq.com/discover/corporate-responsibility-and-sustainability/index.html
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $14 trillion. To learn more, visit business.nasdaq.com.
Nasdaq Media Contacts:
Erik Granström (Europe)
+46 73 449 78 07
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
GAM Holding AG: Interim management statement for the three-month period to 30 September 201917.10.2019 07:00:00 CEST | Press release
17 October 2019 PRESS RELEASE GAM Holding AG: Interim management statement for the three-month period to 30 September 2019 Group assets under management (AuM), including investment management and private labelling, totalled CHF 135.7 billion1 as at 30 September 2019, down from CHF 136.1 billion2 as at 30 June 2019 Investment Management AuM of CHF 51.1 billion1 as at 30 September 2019 were 2% lower compared to 30 June 2019, driven by net outflows of CHF 1.4 billion, partly offset by positive market and foreign exchange movements of CHF 0.4 billion Net outflows recorded in August driven by client risk off sentiment with positive net inflows in July, while September remained flat Investment performance remains strong with 69% and 73% of AuM in funds outperforming their respective benchmarks over the three- and five-year periods Private Labelling AuM of CHF 84.6 billion1 as at 30 September 2019 were 1% higher compared to 30 June 2019, driven by net inflows of CHF 0.3 billion and positive n
Prosafe SE: Operational update Q3 201917.10.2019 07:00:00 CEST | Press release
The fleet utilisation rate in the third quarter of 2019 was 48.2 per cent (Q3 2018: 48.1 per cent). Safe Caledonia completed a four-month contract for a major oil and gas operator in the UK sector on 18 August 2019 and is currently laid up in the UK. On 31 July 2019, Prosafe signed a contract with Total for the Safe Caledonia to provide accommodation support at the Elgin complex in the UK sector of the North Sea. The firm duration of the contract commencing mid-April 2020 is 162 days with one 30-day option. Safe Boreas continued the contract with Equinor at the Mariner installation in the UK and was in full operation throughout the quarter. On 16 August 2019, Equinor exercised the fourth of six one-month options extending the contract’s firm period through October 2019. Safe Zephyrus has been operating at the Clair Ridge platform West of Shetland for BP since 14 May 2019 and was in full operation during this quarter. The contract was completed on 14 October 2019. Safe Concordia is at a
AMG Advanced Metallurgical Group N.V. Subsidiary AMG Vanadium Honored with Award for Environmental Stewardship from Marathon Petroleum17.10.2019 07:00:00 CEST | Press release
Amsterdam, 17 October 2019 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") today announced its subsidiary, AMG Vanadium, has been awarded the 2018 Environmental Stewardship Award from Marathon Petroleum Corporation (MPC) for extraordinary environmental stewardship and business performance. The Environmental Stewardship Award recognizes significant efforts in minimizing the environmental impact or delivering ways to reduce the footprint of Marathon Petroleum’s operations. MPC’s fourth annual Supplier Recognition Awards ceremony was held recently in San Antonio, Texas. At the event, Marathon Petroleum recognized its top suppliers from among more than 15,000 suppliers with which it does business. AMG Vanadium, a recycling partner of resid spent catalyst from MPC’s Galveston Bay refinery, was among a small group of suppliers to receive special recognition for extraordinary performance in the area of environmental stewardship. Hoy E. Frakes, Jr., President of AM
SBM Offshore completes US$1.14 billion financing of Liza Unity16.10.2019 18:38:00 CEST | Press release
October 16, 2019 SBM Offshore is pleased to announce that it completed the project financing of FPSO Liza Unity for a total of US$1.14 billion. The project financing was secured by a consortium of nine international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantees have been released. The project loan has a tenor of two years post completion, in line with the duration of the charter, and carries a variable interest cost of LIBOR plus 1.50%. The Liza Unity FPSO design is based on SBM Offshore’s industry leading Fast4Ward® program as it incorporates the Company’s new build, multi-purpose hull combined with several standardized topsides modules. The FPSO will be designed to produce 220,000 barrels of oil per day, will have associated gas treatment capacity of 400 million cubic feet per day and water injection capacity of 250,000 barrels pe
DNO ASA: Mandatory Notification of Trade16.10.2019 16:59:00 CEST | Press release
Oslo, 16 October 2019 - DNO ASA, the Norwegian oil and gas operator, has today purchased 1,100,000 own shares at an average price of NOK 12.4948 per share. Following this transaction, DNO holds 76,600,000 own shares. -- For further information, please contact: Media: firstname.lastname@example.org Investors: email@example.com -- DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Auction details government bonds16.10.2019 16:20:00 CEST | Press release
Auction date October 23, 2019 Maturity date Loan ISIN code Coupon Issue volume, SEK million 2028-05-12 1060 SE0009496367 0.75% 1,000 2039-03-30 1053 SE0002829192 3.5% 500 Settlement date October 25, 2019 Bids have to be entered by 11.00 on October 23, 2019 Bid only through dealers approved by the Swedish National Debt Office For more information, please contact: The funding desk + 46 8 613 4780 FO@riksgalden.se