In Q1 of 2022, Nasdaq welcomed 4 corporations to its Nasdaq Green Designations program: Lamor Corporation, Godsinlösen Nordic, Rebelle and Nexam Chemical. Nasdaq’s European markets launched this system in 2021 to assist listed corporations seeking to promote their inexperienced enterprise fashions, additional inexperienced transition and appeal to sustainable funding with transparency and visibility. Designed to supply sturdy and revered requirements for traders seeking to lower by means of the mire of complicated ESG reporting, a Nasdaq Green Designation makes it straightforward for traders to seek out inexperienced corporations.
Sustainable funding is on the rise. In 2015, sustainable funds garnered a mere $5 billion. Five years later, in 2020, traders put $51.1 billion towards them—an over 900% improve, in accordance with MSCI reports. In 2021, that quantity greater than doubled, reaching $120 billion, and future projections on ESG funding present no signal of slowing down. Recently, Blackrock’s head of iShares Americas told CNBC that ESG funding might attain $1 trillion by 2030.
For the investor seeking to develop their portfolio and assist a sustainable tomorrow, Nasdaq Green Designations makes it straightforward to seek out corporations that match their imaginative and prescient. The designations have standards which are damaged out into two classes.
Nasdaq Green Equity Designation Companies Require:
- More than 50% of their income derived from enterprise actions thought-about inexperienced
- More than 50% of their investments allotted to actions thought-about inexperienced
- Less than 5% of income derived from fossil gas actions
Nasdaq Green Equity Transition Designation Companies Require:
- More than 50% of their investments allotted to actions thought-about inexperienced
- Less than 50% of their income derived from fossil gas actions
Adam Kostyál, Head of European Listings at Nasdaq, just lately sat down with trusted ESG professional Sasja Beslik to debate Nasdaq Green Designations and the future of ESG investments in a Swedish interview moderated by Kajsa Söderberg.
Nasdaq Green Designations are already utilized by some big-name funding corporations in Europe. In a current TradeTalks interview, Fredrik Nyström, Head of Responsible Investments at Öhman Group, a Stockholm-based asset administration agency that runs EUR 10 billion, highlighted the effectivity and ease he experiences with Nasdaq Green Designations, “A [market] standard makes our investment process easier, and it also makes our reporting to clients and stakeholders easier [because] we can point to a market standard.”
In celebration of our first 4 candidates paving the best way for a greener tomorrow, Nasdaq is highlighting every of these corporations:
Rebelle (BELLE)
Rebelle was Nasdaq’s first Green IPO as the primary firm to use for a Nasdaq Green Designation whereas going public. The German firm operates Rebelle.com, a market for purchasing and promoting luxurious second-hand style equipment. With a assortment of elite style manufacturers like Louis Vuitton, Chanel, Gucci, Hermès and Prada, Rebelle improves circularity throughout the style trade whereas growing buyer consciousness of sustainability.
“Today is a pivotal moment in the history of Rebelle, as we become a public company. Acting on a fast-growing market, driven by a necessary shift in consumer behaviors, Rebelle’s circular business model is a perfect fit to the global megatrend in fashion re-commerce. Moreover, the Green Equity Designation is an important validation of that,” stated Cécile Wickmann, CCO and Founder of Rebelle.
Nexam Chemical (NEXAM)
Nexam Chemical is one of the primary plastics and chemistry-focused corporations to be awarded a Nasdaq Green Designation. The firm develops options that improve the properties and efficiency of many varieties of polymers. Part of their enterprise mannequin entails simplifying polymers to enhance recycling, rebuilding deteriorated polymers to regain their efficiency and making them light-weight to do extra with much less.
“Nasdaq’s certification shows that you can be a sustainable company even if you work in plastics and chemistry. For us, sustainability is not just about the benefits our products create but also how our business is conducted. Nasdaq’s Green Designation also provides security for both employees, customers and investors about the high level of our sustainability efforts,” stated Johan Arvidsson, CEO at Nexam Chemical.
Lamor Corporation (LAMOR)
Lamor Corporation was the primary firm in Finland to obtain the Nasdaq Green Designation. With a mission to wash the world, Lamor gives tools and companies to 104 international locations, serving to them with oil spill response, waste administration and water remedy.
“Lamor has been a front-runner in many ways, receiving the first Nasdaq Green Equity Designation in Finland is just one example of our commitment to support transformation towards a zero-carbon society. We also expect the Nasdaq Green Equity Designation to increase our visibility among international impact investors,” stated Mika Pirneskoski, CEO of Lamor.
Godsinlösen Nordic (GIAB)
Godsinlösen Nordic was one of the primary corporations in Sweden to obtain a Nasdaq Green Designation. GIAB is an revolutionary development firm that helps companies change into extra sustainable by reusing waste merchandise in numerous enterprise fashions. Their work is predicated on the idea of the round financial system, with professional data on the reusage of merchandise and returns logistics.
“Nasdaq’s Green Equity Designation creates transparency for our investors and stakeholders. Ninety-six percent of our sales are considered dark green and a necessary activity to reduce climate emissions. Through large-scale recycling, we contribute to reduced resource utilization, reducing our customers’ climate emissions,” stated Christian Jansson, CEO of GIAB Nordic AB.
Nasdaq Green Designations is only one of our many choices aimed toward growing visibility for corporations towards traders searching for sustainable investments. The designations be a part of a rising checklist of ESG options, together with the Nasdaq Sustainable Bond Network, which connects sustainable bond issuers with traders, the Nasdaq OneReport, a clear and environment friendly ESG reporting answer for corporations seeking to improve operational effectivity, lower useful resource dependency and appeal to new clients and staff and Nasdaq’s Green Equity Indexes, a full household of environmental indexes that monitor the rising clear vitality sector.