麻豆传媒

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
≔ Menu
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. ESG news
  3. Eurex Clearing expands its ESG Compass to repo transactions
ESG news

Eurex Clearing expands its ESG Compass to repo transactions


10 December 2024 Germany
Reporter: Daniel Tison

Generic business image for news article
Image: VaCity/stock.adobe.com
Eurex Clearing has expanded its ESG Clearing Compass to cover cash market and repo transactions.

The latest enhancements will extend the ESG Portfolio Assessment to cover transactions at the Frankfurt Stock Exchange (excluding ETFs) and Eurex Repo.

The new service will be available to all clearing members and individually segregated clients.

鈥淓urex Clearing鈥檚 expansion of its ESG Compass to cash market and repo transactions marks a crucial step in integrating sustainability into all areas of financial markets,鈥 says Wolfgang Graf Vitzthum, managing director for ESG and transformation finance advisory at Commerzbank, which has acted as a partner in this initiative.

Initially launched in April 2023, the ESG Clearing Compass focuses on the ESG Portfolio Assessment and the ESG Visibility Hub.

These services aim to support clearing members and their clients in their sustainability efforts by enhancing transparency and awareness regarding their cleared portfolios and counterparties.

In August 2024, the offering was expanded to include climate metrics for eligible securities in a dedicated report

As part of the ESG Clearing Compass enhancements, the firm will introduce the possibility to analyse equity and bond positions on 11 December.

鈥淲e aim to promote transparency, which is critical for decisions like portfolio decarbonisation or integrating environmental, social, and governance (ESG) factors into counterparty assessments,鈥 explains Christina Sell, chief sustainability officer, Trading and Clearing, Eurex.

Pauline Engelberts, global chief operating officer and chief sustainability officer at ABN AMRO Clearing Bank, adds that transparency will allow clients to make informed decisions.

She says: 鈥淭he ESG Clearing Compass is a service which will allow clients to obtain an overview of their actions, without value judgement,鈥痺ith the aim to educate and inform.鈥
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Repo

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →