From pioneering to leading sustainable finance
The sustainable finance market is constantly evolving, and so are we. The Luxembourg Green Exchange (LGX) goes beyond being a platform solely dedicated to sustainable securities. We can also provide you with the tools that you need to enter and position yourself in the sustainable finance market – including education, data resources and issuance assistance from our experts.
issued through LGX securities
labelled bonds
issuers
Why did we create LGX?
Sustainable finance has grown exponentially since world leaders committed to the UN Sustainable Development Goals and the Paris Agreement in 2015. There is an increased sense of urgency associated with the climate crisis across the world, and finance needs to be part of the solution to this global challenge. LGX is part of our answer and contribution to the sustainability challenges of the future. Our goal is to transform finance and help make it sustainable by default.
Julie Becker
CEO of LuxSE & Founder of LGX
What are the advantages of the LGX Platform?
LGX is the reference platform for sustainable finance, turning industry best practices into mandatory requirements to ensure the transparency and integrity of the sustainable finance instruments displayed on our platform. We provide you with a clear and transparent frame for sustainable finance.
For issuers
Global recognition
Increased visibility
Additional channel to communicate with new and prospective investors
Access to LGX' extensive support and guidance services
For investors
Easy access to highly transparent sustainable financial instruments
Free and unrestricted access to sustainability-related information
Improved comparability of sustainable financial instruments
Enhanced trust thanks to rigorous eligibility criteria and due diligence.
LGX Platform
Which sustainable securities are displayed on LGX?
LGX has different sections dedicated to different sustainable securities. The window that your security is displayed on depends on the nature of your financial instrument and the sustainability goals that it contributes to. Green bonds contribute to environmental benefits, social bonds have a positive social impact, while sustainability bonds support a mix of green and social outcomes and so have their own dedicated window on LGX. Issuers of sustainability-linked bonds and ESG or impact funds also benefit from being displayed on respective LGX windows to capture the attention of the international investment community at LGX.
How to be displayed on LGX
To display a security on our platform, you must first list your security at LuxSE. Once the listing process has been completed, your security will be analysed to confirm that it meets the eligibility criteria for inclusion on LGX. During this process, you need to provide the required documentation, including an external review, and commit to ongoing post-issuance reporting obligations.
Green, social & sustainability bonds
Sustainability-linked bonds
Sustainable investment funds
Gender-focused bonds
Championing sustainable finance with issuers from
60 countries
How is transparency ensured on LGX?
We believe that transparency and harmonisation are crucial to propelling the sustainable finance market. This is why we ensure that all instruments and issuers displayed on our platform are aligned with a recognised international standard, framework, taxonomy, methodology or label, and comply with stringent LGX eligibility criteria.
Steps to join LGX
Listing at LuxSE
Before joining LGX, you must first list your security on one of LuxSE’s internationally recognised markets or on the Securities Official List (LuxSE SOL).
Security Classification
Next, you must classify your instrument in line with ICMA Principles or similarly recognised standard for sustainable securities.
Transparency & Disclosure
You are then required to disclose detailed information about the use of proceeds or investment strategy of your security. If you are an issuer of a sustainable bond, you must also provide a mandatory external review report.
Ongoing Post-Issuance Reporting
To ensure transparency, issuers of a GSSS bond must commit to carrying out ongoing reporting, allowing investors to verify that you deliver on your commitments.
What other services does LGX offer?
LGX is much more than a platform for sustainable securities. Our team of sustainable finance experts are also on hand to help you on your journey – whether that’s through expert lectures, access to structured sustainable bond data or issuance assistance.
LGX Academy
We can provide you with certified courses on various topics ranging from the fundamentals of sustainable finance to the industry’s key players and standards, including many case studies analysed by LGX’s team of experts.
LGX DataHub
Our centralised DataHub provides you with complete, structured and reliable pre- and post-issuance sustainable bond data on the global sustainable bond universe, making it easier for you to compare the securities that fit your needs.
LGX Assistance Services
Discover how our team of sustainable finance experts can assist you all the way from pre- to post-issuance of your sustainable security, by providing you with peer comparisons, reviewing your sustainability disclosures such as frameworks, and guiding you through your post-issuance reporting process.
If you need more information
We are conscious that choosing the right listing venue and obtaining your listing in time is mission critical!