ABN AMRO and Société Générale Support Eurex Clearing with Launch of ESG Clearing Compass
Eurex Clearing, part of Deutsche Börse Group, is set to launch its new ESG Clearing Compass on April 3, with involvement from ABN AMRO Clearing Bank N.V. and Société Générale as early partners. The new ESG clearing compass will consist of two services: the ESG Portfolio Assessment and the ESG Visibility Hub. These new services come as part of Deutsche Börse’s intentions to support the sustainable transformation journey of clearing members and their clients by increasing transparency and awareness regarding cleared portfolios and counterparties. The ESG Portfolio Assessment service evaluates securities delivered as margin collateral and default fund contributions with a range of climate metrics and data. The new data offering will be beneficial to clients looking to decarbonise their portfolios, improve their monitoring and reporting facilities or reconcile their ESG strategy.