LuxSE launches unique data hub for sustainable finance
The Luxembourg Stock Exchange ...
The Luxembourg Stock Exchange (LuxSE) in September marked the go-live of the LGX DataHub, a unique, centralised database of structured data on a vast range of sustainable securities. Built and managed by the sustainable finance team at LuxSE, the LGX DataHub addresses the complex data challenge that asset managers and investors are facing when building sustainable investment strategies or reporting on their investments.
Responding to a market need
Issuers of sustainable securities disclose an extensive amount of sustainability data points. These data points aremade available in different and often incompatible formats and the data is spread over multiple sources. Identifying, extracting and structuring this data is a time-consuming and resource-intensive exercise. This is what led LuxSE to build a centralised data hub, leveraging its vast experience in bond documentation and its global position as a leading listing venue for sustainable financial products.
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