Welcome to Euroclear’s third ‘Our Responsibility’ report, developed in accordance with the Global Reporting Initiative (GRI) standards. It outlines the continued implementation of our Corporate Responsibility vision.

Corporate Responsibility is central to how we think and work at Euroclear. We are committed to do business in an ethical, responsible and sustainable way, while doing our bit to improve the world around us. 

Our corporate responsibility strategy is focused on four key areas: Community, Workplace, Environment and Marketplace, reflecting the nature of our business and the main ways in which we can make a difference.

As we publish this report, we are all living and working in unprecedented circumstances as a result of the COVID-19 pandemic. The world has changed significantly over the past few months, impacting our colleagues, our clients, the global financial markets as well as broader society. The physical and mental wellbeing of our people and the uninterrupted functioning of our operations continue to be our priorities in this challenging time. Whilst we have shown resilience in our ability to keep working, we have also personally experienced the human impact of COVID-19. Sadly, we have lost a dear friend and colleague in Daniel Dumont. In honour of Daniel and the values he stood and fought for, we have made a donation to the charity Ex Aequo, an organisation close to his heart and dedicated to supporting the LGBTQ community.

At Euroclear, we value our open and inclusive culture and continue to build on our diverse workforce. We promote gender diversity (internally through initiatives such as the Women Empowering Academy, and externally with our participation in the Women in Finance network) and continuously monitor how we can further improve our work environment for people with disabilities.

More broadly, we strongly believe we have a social responsibility to support our communities. We have recently taken the decision to create a Euroclear Solidarity Fund that will make donations on behalf of the group to support local initiatives, selected by our colleagues.

Furthermore, as part of our 50th anniversary, we donated €1 million to 25 community projects across locations and we continue to support these causes through these difficult times. Given the challenges we all face, working together as members of a broader society has never been more important than today.

With a position at the centre of the financial markets we have the ability to make a real difference. As green finance continues to gain popularity, we have been able to help both issuers and investors to incorporate ESG indicators.

GlobalReach enables us to contribute to the further development of emerging, local economies through foreign investment. The initiative significantly reduces the cost of issuance for these governments and positively impacts local economies, their infrastructure and social welfare programmes.

Despite the unprecedented challenges of COVID-19, we have been able to adapt as a business to new ways of working and to continue to support our clients as their needs evolve. 

Euroclear has strong foundations as a reliable and systemically important market infrastructure and we have continued to invest in key areas including cyber security, technologies and regulatory capabilities to ensure we are able to meet the evolving needs of our clients and the financial markets.

We are pleased with the progress made in 2019 and remain excited by the opportunities to further build Euroclear’s credentials as a responsible employer in 2020 and beyond.

I would like to thank all of our colleagues, clients and partners in their resilience as we all adapt during these difficult times. Take care of one another and stay safe.

Lieve Mostrey
Chief Executive Officer

 

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"With a position at the centre of the financial markets we have the ability to make a real difference."


Lieve Mostrey, Chief Executive Officer, Euroclear Group