Environment
We continue to implement our plans to reach net zero by 2050 at the latest, including implementation of the Transition Plan.
What We Will Do
Investigate and instigate a sustainable IT transition plan, including data centres
Formalise the waste management system and recycling process
Continue to mitigate emissions beyond the value chain, eventually moving to carbon offsets
Engage with procurement chain on setting net zero targets
Support reduction of employees’ homeworking emissions
Actionable Goals
- Scope 1 & 2 emissions: energy (market based)
- -55% by 2030
- -90% by 2050
- Scope 3 emissions (operational activities)
- -28% by 2030
- -90% by 2050
- Scope 3 emissions (suppliers)
- -70% by 2027
Our achievements
- Supplier assessment programme implemented to monitor ESG performance of our suppliers and provide support for key suppliers
- Transition Plan approved by Board
- Total emissions up by 13% from 2023, mainly due to business expansion
- Maintained 66% reduction in Scope 1 & 2 emissions compared to 2019 baseline
- 6% reduction in Scope 3 (operational activities)
Our people
At Euroclear we believe in fostering an inclusive, equitable and diverse workplace where everyone can thrive and fulfill their true potential
Diversity, Equity and Inclusion
What We Will Do
Implement revised DEI strategy
Focus on leadership training
Continue to embed inclusivity into the recruitment process
Support colleagues at every stage in their careers through an equitable employee lifecycle
Improve data collection and explore ways of capturing data other than gender
Roll out our Accessibility plan to provide physical and digital access to all
Actionable Goals
- 40% of under-represented gender at senior management level by 2026
- Maintain or improve the employee engagement survey scores for non discrimination, inclusion and diversity vs 2022 baseline:
- Non-discrimination: 8.5/10
- Inclusiveness: 8.1/10
- Diversity: 8.5/10
Our achievements
- Revised DEI policy signed off by Board
- Employee engagement survey scores for non discrimination, inclusion and diversity vs 2022 baseline
- Non-discrimination: 8.5/10
- Inclusiveness: 8.2/10
- Diversity: 8.6/10
Learning & Development and Talent for the future
What We Will Do
Launch of new Leadership programme
Continue working on workforce and succession planning
Continue upskilling staff in areas such as digitalisation
Actionable Goals
Maintain or improve the employee engagement survey score for training and development vs. 2022 baseline at 7.4/10
Our achievements
- Employee engagement survey results 7.6/10
- New Learning platform launched
- Launch of Learning week
- Doubled the number of training hours vs 2022
Wellbeing and staff engagement
What We Will Do
Implement new Wellbeing strategy
Focus on mental health
Embed wellbeing into our work design and processes and into the way teams are led
Measure through new Wellbeing dashboard
Actionable Goals
- Maintain or improve the overall employee engagement score in employee engagement survey vs 2022 baseline at 7.7/10
- Maintain or improve the score for health & wellbeing in employee engagement survey vs 2022 baseline at 7.4/10
Our achievements
- Maintain or improve the overall employee engagement score in engagement survey vs 2022 baseline: 7.8/10
- Maintain or improve the score for health & wellbeing in employee engagement survey vs 2022 baseline: 7.9/10
Community
What We Will Do
Focus on implementing the new Euroclear Foundation which was set up in 2024 and endowed with 1% of our profits annually
Increase the number of volunteers across the company
Our achievements
- Total investment of EUR 22 million in 2024
- Supported 390 projects
- Over 3,000 volunteers across the group in our Volunteering programme
Supply chain
Our Governance stream ensures robust and transparent governance across Euroclear, a strong ethical culture and a resilient and stable infrastructure
What We Will Do
Enhance Supplier ESG Maturity: Actively engage with suppliers with low performance to improve their ESG maturity.
Develop Supplier ESG Risk Mapping and Guidebook: Integrate specific sustainability criteria and requirements into procurement projects.
Actionable Goals
70% of key suppliers screened by Ecovadis
Our achievements
Key suppliers screened by Ecovadis: 80% versus a 70% target
Board Governance
What We Will Do
Training for Board members on ESG topics on a regular basis
Continue to deepen our relationships with our stakeholders through regular Investor days and the appointment of a Global Head of Investor Relations
Further broaden the diversity of the Board to include aspects other than gender
Actionable Goals
33% of under-represented gender at Board level
Our achievements
36% of under-represented gender at Euroclear SA/NV Board level
Business conduct
What We Will Do
Continuously monitor the ‘Know-your-client' (KYC) process to promptly identify changes in client risk profile
Strengthen transaction monitoring to spot possible anti-money laundering or counter terrorism financing
Roll out fraud analytics screening tools
Take actions to reduce the lead time for client admission and recertification procedures
Our achievements
- Regular communication and awareness training for all employees on Anti-money laundering/counter terrorism financing, anti-bribery & corruption and fraud.
- Continuous enhancement of the methodology and quality of fraud risk assessments, as well as training coverage.
Human rights
- We have integrated ESG considerations into our mergers and acquisitions processes.
- We ensure that the human rights dimension (using independent indices) is taken into consideration when deciding to maintain or expand our geographical footprint.
