Welcome to our very first sustainability report. ESG (environment, social, governance) has really moved into the spotlight in 2021 and MFEX is committed to playing its part in ensuring a more sustainable future for all. In September 2021, MFEX was acquired by Euroclear, which, as an FMI, also has a strong ESG approach, and we are in the process of aligning our recently approved ESG strategy with that of Euroclear’s, building on the strengths of both our companies.
I had the honour to be appointed CEO at that time and am personally committed to accelerating the agenda on these topics.
We take the UN Sustainable Development Goals as our starting point. These goals define the pathway towards achieving a prosperous and equitable planet for all and help us shape our ESG agenda.
We defined an ESG strategy that aligns with our stakeholders’ expectations. We will be focusing on four main elements, Planet, People, Territories and Market, for which we will define KPIs and align with Euroclear’s model.
Responsible investment is a top priority for our industry and in 2021, we were very proud to be able to contribute towards this goal with the launch of a new ESG module on our “Global Fund Watch” platform. This module allows clients to evaluate how their counterparties incorporate ESG into their business models, giving them invaluable insights in order to be able to make investment decisions. To date more than 1350 Companies centralise their KYC information and documents across 50 countries on this platform.
We intend to review our product roadmap to identify any other ESG opportunities.
In 2022 we will continue the implementation of our ESG strategy and assess how we can further contribute to the SDGs.
We have a strong focus on Diversity & Inclusion, which is particularly close to my heart, which you can read about on page 17.
2022 will see us focus on a range of top down and bottom-up initiatives which will strengthen our ESG approach and ensure that we are aligned with the overall Euroclear corporate strategy and compliant with all ESG regulation.
Thank you for being a part of this journey.
CEO - MFEX