Nasdaq Launches Global Environmental, Social and Governance (ESG) Reporting Guide for Companies

STOCKHOLM, Sweden, May 15, 2019 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced the launch of its new global environmental, social and governance (ESG) reporting guide to support public and private companies. The 2019 ESG Reporting Guide includes the latest third-party reporting methodologies widely adopted by the industry, and aims to help companies navigate the evolving standards on ESG data disclosure, regardless of geography or market capitalization. “Nasdaq’s Nordic exchanges are committed to encouraging the shift towards more transparent and sustainable capital markets, and we are excited to serve our region with an updated version of the guide we first introduced in 2017,” said Lauri Rosendahl, President, Nasdaq Stockholm. “As the investor community continues to put even more emphasis on ESG, our ambition is that this guide serves as a useful reference for companies looking to adopt more sustainable business practices and communicate their progress with investors and other stakeholders.” The global version of the ESG Reporting Guide is based on three key developments: The rise of new reporting frameworks, including the Task Force on Climate-related Financial Disclosures (TCFD) and the UN’s Sustainable Development Goals (UN SDGs);Guidance and best practices provided by the World Federation of Exchanges; andThe results of Nasdaq’s year-long ESG reporting pilot program “Our expanded ESG Reporting Guide integrates the latest reporting standards and long-term-focused methodologies and aims to further encourage companies in addressing critical ESG matters, such as capital markets and investor strategy, talent acquisition and retention, and supply chain oversight and responsibility,” said Evan Harvey, Global Head of Sustainability, Nasdaq. “Our team remains fully committed to taking a leading role in facilitating ESG practices, disclosures, and dialogue between investors and companies.” Introduced by Nasdaq in March 2017, the ESG Reporting Guide was originally developed to support Nasdaq’s Nordic and Baltic companies in their search for a more meaningful and sustainable connection with investors. ESG reporting is encouraged but not a formal listing requirement on Nasdaq’s exchanges, and use of the Nasdaq ESG Reporting Guide is a completely voluntary initiative. It is not intended to compete with, supersede, or supplement any existing ESG reporting framework – but rather acts as an informal reference guide for companies looking to leverage ESG reporting as a way to improve operations, enhance strategy, broaden risk oversight, or engage with new investors. To learn more about Nasdaq’s corporate responsibility and sustainability commitments, visit: About Nasdaq: Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $14 trillion. To learn more, visit Nasdaq Media Contacts: Erik Granström (Europe)+46 73 449 78