EURONEXT_Registration_Document_2017

2

CORPORATE GOVERNANCE

Corporate Social Responsibility

Eiris United Kingdom20 and Euronext Vigeo Eiris Benelux 20), whose components are reviewed and updated twice a year. Two filters are applied to determine the new indices’ constituents. Companies are excluded if:  their level of commitment is insufficient with regard to their overall score or their score in one of six key areas reviewed by Vigeo Eiris;  they are subject to recurrent and critical controversies to which they failed to provide visible evidence of corrective measures or to engage with stakeholders. Euronext® Climate Europe Index Launched in 2016, the Euronext® Climate Europe is a free float market cap index designed to be a low carbon Universe. Composed of 200 large companies based on their climate score, it paves the way to many climate friendly innovative variants (high yields, low risk, growth, … ). The index is well established with several Structured Products linked to the index. To perform this best in class approach, Euronext calculates a climate score by combining the scores of two cutting-edge experts, Carbone 4 and the Carbon Disclosure Project (“CDP”). Carbone 4 assesses the Company’s impact on climate change and its contribution to reduced Green House Gas (“GHG”) emissions, while taking into account induced & avoided emissions and the forward looking analysis. The CDP performance score assesses the level of action taken on climate change in term of mitigation, adaptation and transparency. Two indices have been derived over 2017 around this Euronext Climate Euronext Index for investment purpose: The Euronext Climate Orientation Priority index and Euronext® Climate Objective 50 EW index. CAC 40® Governance Index Launched in February 2017, the CAC 40® Governance Indexmeasures the performance of the CAC 40® members weighted according to their respective Vigeo Eiris governance rating. The Corporate Governance structure specifies the distribution of rights and responsibilities among the different participants in the organisation – such as the board, managers, shareholders and other stakeholders – and lays down the rules and procedures for decision making (ECB annual report 2004). According to Organisation for Economic Co-operation and Development (‘OECD’) , there are several benefits resulting from a good Corporate Governance. Utilizing its teams’ expertise and its unique and well-regarded methodologies, Vigeo Eiris rating provides Euronext with a Corporate Governance score for each stock of the CAC 40® index. The index is well established with several Structured Products linked to the index. 3. 4.

Euronext’s team has a mission to bring innovation and agility to the markets. Since Euronext’s IPO in June 2014, Euronext focused on researching and developing new products together with its client community. These are now beginning to come to market and Euronext is excited about expanding its capabilities and making its business work better for Euronext’s customers. This section describes the way in which Euronext attempts to positively impact the financial markets from an environmental perspective. Euronext ESG Indexes are designed to support common approaches to environmental, social and governance (ESG) investing. Euronext ESG indices are based on a fully transparent and rules-based selection process and measures risk and performance across a variety of Environmental, Social and Governance (ESG) areas. Low Carbon 100 Europe Index - the first one In 2008, Euronext was the first exchange to launch a pan-European index focusing on CO 2 emissions, designed with the support from a Group of international experts and in close collaboration with Non- Governmental Organisations. The index measures the performance of Europe’s 100 largest blue chips with the lowest CO 2 emissions in their respective sectors or sub-sectors. Today, the index is an underlying for ETF products. In November 2015, Euronext announced a major change in the methodology used for its Low Carbon 100 Europe Index®, revolutionizing the traditional approach to assess companies’ CO 2 emissions. This new method is based on a more efficient means of measuring the energy performance of businesses. The new version of the index, designed with Carbone 4, the leading consulting firm specialised in carbon strategy, is based on a more in depth and relevant assessment of each company’s carbon footprint. This identifies, for the first time, businesses making a positive contribution to the transition process-not only through their own day to-day performance, but also through the products they sell. Selection of index component companies will also reflect the emissions avoided as a result of their innovative approach to products and services. Euronext Vigeo Eiris Indices Euronext entered into a cooperation agreement with Vigeo Eiris in March 2013. Vigeo Eiris is the leading European expert in the assessment of companies and organisations with regard to their practices and performance on environmental, social and governance (“ESG”) issues. Seven indices exist (Euronext Vigeo Eiris World 120, Euronext Vigeo Eiris Europe 120, Euronext Vigeo Eiris Eurozone 120, Euronext Vigeo Eiris US 50, Euronext Vigeo Eiris France 20, Euronext Vigeo 1. 2. Sustainability Indices – A Stock Exchange Committed to Sustainability

74

www.euronext.com

2017 REGISTRATION DOCUMENT