ACOSS becomes first issuer to join EMMI’s ESG CP Transparency Monitor
Marking a significant milestone for EMMI’s ESG CP Transparency Monitor, France’s Agence Centrale des Organismes de Sécurité Sociale (ACOSS) has become the first issuer to join this initiative.
EMMI’s ESG CP Transparency Monitor is set to enhance transparency in the European commercial paper market, offering a platform for issuers to align their financial instruments with Environmental, Social, and Governance (ESG) principles. Its primary aim is to provide market participants with a robust framework for disclosing ESG-related information, fostering accountability, and reinforcing the role of commercial paper as a viable and transparent funding instrument for sustainability-oriented organizations.
EMMI Leads the Way in ESG Transparency
With the launch of the ESG CP Transparency Monitor, EMMI cements its role as a key advocate for sustainable finance. By providing a centralized platform for ESG disclosures, the Monitor not only enhances visibility but also establishes a benchmark for issuers seeking to embed ESG principles into their funding strategies.
The Monitor invites issuers across Europe to adopt greater transparency in their commercial paper programs, helping to build trust and drive progress in ESG alignment.
A Call to Action for Greater ESG Transparency
The launch of EMMI’s ESG CP Transparency Monitor marks the beginning of a transformative journey for the European financial sector. With ACOSS leading the way, EMMI calls on other issuers to embrace this opportunity to promote transparency in their commercial paper programs.
ESG Transparency Monitor
In line with the mission of facilitating the smooth functioning of Money Markets and fostering their integration, the European Money Markets Institute (“EMMI”) has launched an initiative to support the transparency in the ESG commercial paper market.
EMMI will collect up-to-date information from Applicants about the main ESG features included in their commercial paper programmes and publish it in a standardised and harmonised way. The published information will be accessible for consultation by all interested parties.
EMMI does not provide any judgement nor valuation of the information provided by issuers, which is published as it is. Issuers are responsible for providing the information following EMMI’s requirements, and for ensuring the data is accurate.
If you are interested in this initiative, please send an email to ESG-CP@emmi-benchmarks.euwith your questions or comments.
