Snapshot of Blue Economy companies listed on Euronext

As ESG topics become increasingly important and urgent on a global scale, #euronext aims to support the European transition to a sustainable growth model, with a focus on the Blue Economy

In recent years, Environmental, Social, and Governance (ESG) topics have taken a central place globally, and particularly in Europe. With the European #green Deal, which sets out the aim for Europe to be the first climate-neutral continent, and the #green ambitions set out in its Covid-19 recovery plan, the European Union is leading the way on the transition to a greener and fairer economy.

Achieving this transition to a sustainable growth model is the challenge of our time. As a leading market infrastructure, #euronext has a strong responsibility to contribute to the sustainable agenda in the countries in which it operates.

Euronext has chosen to focus particularly on the Blue Economy. All #euronext countries (Belgium, Denmark, France, Ireland, Italy, the Netherlands, Norway and Portugal), are adjacent to the ocean and have long-standing rich fishing, shipping and seafaring traditions. There is increasing evidence that losses in the oceans’ natural capital resulting from unsustainable economic activity is eroding the resource base on which growth depends. Our goal is therefore to be a leader in advancing the Blue Economy in order to mitigate this development, address the threats to the oceans, and contribute to enhanced ocean and coastal resilience.

With this aim, #euronext is the first and only exchange signatory of the United Nations Global Compact Sustainable Ocean Principles, which provide a framework for responsible business practices across sectors and geographies. We are also a contributor to the UN Global Compact Blue Bond Reference Paper, which aims to identify opportunities to use the ESG bond market to secure capital for ocean-related projects and companies that have made, or are planning to make, a significant contribution to the UN Sustainable Development Goals.

This document is a snapshot study of the #euronext Blue Economy footprint. It has been created to improve understanding of how Blue Economy companies listed on #euronext are making progress in adopting the sustainability agenda. Note that this study does not offer investment advice and is not a scientific or academic work. Its aim is simply to offer a high-level overview of companies listed on #euronext in the Blue Economy sector, to promote discussion on the opportunities and challenges of the Blue Economy. 

Further information in the press release to download