In recognition of its sustainable finance efforts, the Luxembourg Stock Exchange (LuxSE) has won the Green Bond Pioneer Award from the Climate Bonds Initiative  (CBI).

The LuxSE, with its sustainability-focused Luxembourg Green Exchange (LGX), won in the Green Bond Listing Venue category of the Green Bond Pioneer Awards (GBPA).

The GBPA are the premier annual recognition of achievement by organisations, financial institutions, governments and individuals who have demonstrated leadership through pioneering initiatives and green issuance and have provided positive examples of climate-resilient and low-carbon investments. The CBI, who grants the awards, is an investor-focused non-profit organisation that promoted large-scale investment in the low-carbon economy. The awards’ jury is composed of a buy-side advisory committee.

The Luxembourg Green Exchange is leading by example, as illustrated by its results for 2018: last year, it issued an overall amount of €112 billion and boasted 252 green, social and sustainability bonds, 25 ESG, green and social funds and 79 issuers from across the globe.

Two and a half years after its launch, the Luxembourg Green Exchange, launched in September 2016, remains the only dedicated platform for sustainable investment products.