The ESG Clearing Compass offering focusses on two services: the ESG Portfolio Assessment and the ESG Visibility Hub. These services support clearing members and their clients in their sustainability journey by enhancing transparency and awareness regarding their cleared portfolios and counterparties. In August 2024, the service was expanded to include climate metrics for eligible securities in a report available on the Eurex Clearing website.
With the further enhancements the ESG Portfolio Assessment will be extended to include assessments of Transactions at Frankfurt Stock Exchange (excluding ETFs) and Eurex Repo, provided in a new report called Daily Position Sustainability Metrics. This report will include climate metrics, where applicable, at the portfolio level. The new service will be available to all Clearing Members and individually segregated clients.
The climate and rating data in the reports are provided by ISS ESG, whose methodologies guide the aggregation of emissions and carbon data.
ABN AMRO Clearing Bank N.V., Société Générale and Commerzbank AG have been involved as partners in driving innovative industry solutions.
“We actively shape new services to be the partner of choice to our clients in their transformation. We aim to promote transparency, which is critical for decisions like portfolio decarbonization or integrating ESG factors into counterparty assessments.“
Christina Sell, Chief Sustainability Officer Trading & Clearing
“ABN AMRO Clearing believes strongly in making impact transparent, so clients can make decisions based on information. The ESG Clearing Compass is a service which will allow clients to obtain an overview of their actions, without value judgement, with the aim to educate and inform. We look forward to working together with EUREX in the search for innovative solutions to make Sustainability part of our decision making processes.“
Pauline Engelberts, Global COO / Chief Sustainability Officer ABN AMRO Clearing Bank N.V.
“With this enhanced ‘ESG Compass’, Eurex Clearing fosters the accessibility of climate metrics, which aims to contribute to greater transparency for market participants.”
Kristell Herbault, Head of Sustainability for Global Markets, Société Générale
„Eurex Clearing’s expansion of its ESG Compass to Cash-Market and Repo transactions marks a crucial step in integrating sustainability into all areas of financial markets.”
Wolfgang Graf Vitzthum, Managing Director ESG and Transformation Finance Advisory, Commerzbank AG