The Luxembourg Stock Exchange (LuxSE) announced the launch of LGX DataHub, a centralised database of structured data on a vast range of sustainable securities, including Green, Social and Sustainability securities. Now live, the data hub is intended to provide market participants with the information they need to build sustainable investment strategies, meet reporting requirements and stay compliant with new regulations.

Julie Becker, Deputy CEO of LuxSE and Founder of LGX, said:

“Asset managers and investors need structured, reliable and complete data sets to build their sustainable investment portfolios. With the LGX DataHub, we have identified and collected the data market players need for their analysis and reporting purposes. We make this data available in a structured and searchable form to our users. Transparency is the best way to create trust and confidence among investors, and transparency is built on data.”

The hub provides both pre-issuance and post issuance data on securities, covering the commitments made by the issuers in terms of use of proceeds, project selection, and management of proceeds and reporting, as well as information on how the proceeds of the bonds are being invested, and what the environmental and social benefits of these investments are. It also provides data points illustrating an investment’s contribution to the United Nations Sustainable Development Goals (UN SDGs), such as reductions in greenhouse gas emissions.

According to LuxSE, the new platform will enable asset managers and investors to access, search and explore a vast amount of data points on sustainable securities and the underlying assets, and allow them to extract the relevant information and easily compare the impact of different sustainable investments.

Laetitia Hamon, Head of Sustainable Finance at LuxSE, said:

“Data collection is a manual and time-consuming task. Thanks to LGX DataHub and its user-friendly features, market participants can access all the data they need in one centralised place. This means that they can spend less time gathering data and more time building and implementing their sustainable investment strategies.”

LuxSE stated that the LGX DataHub currently covers structured and granular data on the full universe of Green, Social and Sustainability bonds displayed on the Luxembourg Green Exchange (LGX). The scope of the LGX DataHub will gradually increase to cover the entire universe of listed, sustainable securities.