Showcase your sustainable security on our UN-recognised platform

Before a sustainability-linked bond can be considered for display on LGX, you must first list the bond on our EU-regulated market (Bourse de Luxembourg) or our exchange-regulated market (Euro MTF) or register the bond without admission to trading via our Securities Official List (LuxSE SOL) Find out more information on LuxSE’s markets and platforms here.

Your bond’s legal documentation must also clearly describe the ways in which your bond’s structural and/or financial characteristics are linked to the achievement of the Key Performance Indicators (KPI(s)) and Sustainability Performance Target (SPT(s)).

At the pre-issuance stage, we require that you provide an external review (i.e., Second Party Opinion) on your framework or on your issuance. This external review must confirm alignment with ICMA’s Sustainability-Linked Bond Principles (ICMA SLBP) as our eligibility criteria is in line with these principles.

We also require a commitment from you, as the issuer, to produce a post-issuance report and expect new report once per year, or at least once prior to the trigger event.  

SLB issuers on LGX must also commit to obtaining a post-issuance verification, ideally on a yearly basis, or at least once prior to the trigger event, in line with ICMA’s SLBP recommendations. 

Finally, you must also provide appropriate post-issuance disclosure in case of any material change to the KPIs’ perimeter, methodology, or to the SPT calibration. 

To display your fund in the LGX fund section, the fund must first be listed on one of LuxSE’s internationally respected markets – the EU-regulated Bourse de Luxembourg (BdL) market or the exchange-regulated Euro MTF. As a third option, the fund can be registered on the Securities Official List (SOL).

Categorisation is based on the Sustainable Finance Disclosure Regulation (SFDR) and is made by the asset manager responsible for the fund:

• An article 8 fund under SFDR is a fund that promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
• An article 9 fund under SFDR is a fund that has sustainable investment as its objective.

Funds classified as Article 8 or 9 under the SFDR are automatically eligible to be displayed on LGX once properly evaluated by the LGX Team.

Funds displayed on LGX are expected to fully comply with the product-level reporting required by SFDR or equivalent to ensure continued transparency and commitment to sustainability. We reserve the right to withdraw a security from our platform if it does not abide by SFDR requirements.

To display your fund in the LGX fund section, the fund must first be listed on one of LuxSE’s internationally respected markets – the EU-regulated Bourse de Luxembourg (BdL) market or the exchange-regulated Euro MTF. As a third option, the fund can be registered on the Securities Official List (SOL).

Categorisation is based on the Sustainable Finance Disclosure Regulation (SFDR) and is made by the asset manager responsible for the fund:

• An article 8 fund under SFDR is a fund that promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
• An article 9 fund under SFDR is a fund that has sustainable investment as its objective.

Funds classified as Article 8 or 9 under the SFDR are automatically eligible to be displayed on LGX once properly evaluated by the LGX Team.

Funds displayed on LGX are expected to fully comply with the product-level reporting required by SFDR or equivalent to ensure continued transparency and commitment to sustainability. We reserve the right to withdraw a security from our platform if it does not abide by SFDR requirements.