London Stock Exchange Group plc
Group Sustainability Databook 2023
O P E N M A K E S M O R E P O S S I B L E
Measuring
our sustainability performance
N E W YO R K
Contents
UK gender pay gap report | 11 |
Health, safety and wellbeing | 12 |
Human rights | 12 |
Community | 13 |
Governance | 14 |
Business conduct | 14 |
Information security and data privacy | 14 |
Supply chain | 14 |
Governance other | 14 |
Appendix | 15 |
Sustainability Databook basis of preparation | 15 |
Endnotes | 16 |
See our companion Sustainability Report
London Stock Exchange Group plc
Annual Sustainability Report 2023
O P E N M A K E S M O R E P O S S I B L E
Partnering to secure
a sustainable future
LO N D O N
Other reports, polices and documents
Other documents should be referenced alongside this Annual Sustainability Databook which include:
- LSEG Annual Sustainability Report 2023
- LSEG Annual Report and Accounts 2023
- Modern Slavery Statement 2023
- Sustainability-relatedpolicies, statements and reporting frameworks
Further information on London Stock Exchange Group can be found at: www.lseg.com
Document purpose
This report contains data relating to LSEG's sustainability performance for use by interested stakeholders, and includes information relevant to our material sustainability issues. This Databook should be referenced alongside LSEG's Annual Sustainability Report 2023.
Scope and reporting boundaries
The data presented relates to the whole Group where we have operational control as per the GHG Protocol Corporate Accounting and Reporting Standard (revised edition) and UK Government Environmental Reporting Guidelines. This data currently excludes Tradeweb, however we are undertaking a review of our organisational reporting boundary and may change the scope of the report in future, subject to the findings of the review.
Principles of reporting
In the preparation of the report we have sought to ensure that the reported data accurately reflects our FY2023 sustainability performance. Unless specified otherwise in the endnotes, all data is from the period
1 January 2023 to 31 December 2023. In line with standard industry practice some sustainability data is estimated where real data is unavailable. Where this is the case, it has been explained in the endnotes. Explanations for material fluctuations (+/- 10% from previous year) have also been explained in the endnotes.
02 | London Stock Exchange Group plc |
Group Sustainability Databook 2023 |
Sustainable finance and investment
Products and solutions
Unit | 2023 | 2022 | 2021 | |
Capital markets | ||||
Issuers with Green Economy Mark | Number | 110 | 108 | 116 |
Market capitalisation of Green Economy Mark issuers | GBP | 159.8bn | 150.6bn | 167.1bn |
Green Economy Mark share of total equity market capitalisation listed on the London Stock Exchange | Percentage | 3% | 3% | 3% |
Capital raised on Sustainable Bond Market | GBP | 64.1bn | 42.2bn | 61.6bn |
Green Bond | GBP | 43.0bn | 20.3bn | 31.0bn |
Sustainable Bond | GBP | 12.5bn | 12.5bn | 13.6bn |
Social Bond | GBP | 2.9bn | 5.4bn | 13.4bn |
Transition Bond | GBP | 0.0bn | 0.0bn | 0.6bn |
Issuer-Level Classification | GBP | 4.2bn | 4.0bn | 2.4bn |
Self-Certified | GBP | 1.5bn | 0.1bn | 0.6bn |
Sustainable Bond Market issuers | Number | 45 | 39 | 60 |
Issuances on Sustainable Bond Market | Number | 119 | 92 | 137 |
Sustainable Bond Market issuance as a share of total debt issuance on the London Stock Exchange | Percentage | 11% | 8% | 12% |
Total Sustainable Bond Market issuance on the London Stock Exchange since inception | GBP | 232.3bn | - | - |
Indices | ||||
FTSE Russell ESG indices | Number | 121 | 106 | 69 |
Passive AUM tracking FTSE Russell ESG indices | USD | 262bn | 256bn | 167bn |
Data | ||||
Public and private companies covered by LSEG ESG data | Number | 16,000 | 14,000 | 12,000 |
Global market capitalisation covered by LSEG ESG data | Percentage | 90% | 88% | 85% |
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Group Sustainability Databook 2023 |
Environment
Emissions
Unit | 2023 | 2022 | 2021 | % Change vs 2022 | |
Total Group carbon footprint (tCO2e) | Metric tonnes | 813,611 | 718,706 | 571,885 | 13% |
Total Group carbon footprint (tCO2e) per metre squared | Metric tonnes | 3.5 | 2.20 | 1.35 | 57% |
Total Group carbon footprint (tCO2e) per £m of total revenue | Metric tonnes | 110 | 93 | 80 | 18% |
Total Group carbon footprint (tCO2e) per headcount (HC) | Metric tonnes | 32 | 30 | 24 | 7% |
Scope 1 emissions | Metric tonnes | 913 | 1,450 | 1,000 | -37% |
Scope 2 Market-based emissions | Metric tonnes | 286 | 4,167 | 3,138 | -93% |
Scope 2 Location-based emissions | Metric tonnes | 72,923 | 69,833 | 106,566 | 4% |
Renewable electricity (including usage of EACs) | Percentage | 100% | 100% | 100% | 0% |
Scope 3 emissions | Metric tonnes | 812,411 | 713,089 | 567,747 | 14% |
1. Purchased goods and services | Metric tonnes | 746,271 | 680,098 | 550,861 | 10% |
2. Fuel and energy related activities (FERA) | Metric tonnes | 2,350 | 2,145 | 5,659 | 10% |
3. Waste | Metric tonnes | 2,618 | 3,331 | 185 | -21% |
4. Water | Metric tonnes | 66 | 89 | 80 | -26% |
5. Business travel | Metric tonnes | 39,832 | 16,890 | 3,169 | 136% |
6. Employee commuting | Metric tonnes | 16,844 | 5,601 | 1,907 | 201% |
7. Home working | Metric tonnes | 4,349 | 8,902 | 5,805 | -51% |
8. Upstream leased assets | Metric tonnes | 82 | 81 | 81 | 1% |
Biogenic CO2 | Metric tonnes | 0 | 70,702 | Not calculated | -100% |
Exclusions (Market-based) | Metric tonnes | N/A | None | 767 | N/A |
Exclusions (Location-based) | Metric tonnes | N/A | None | 1,886 | N/A |
Environment - UK | |||||
Total tCO2e | Metric tonnes | 799 | 1,603 | 1,869 | -50% |
Per HC | Metric tonnes | 0.17 | 0.36 | 0.41 | -52% |
Electricity | Kilowatt hours | 50,566,809 | 52,656,194 | 50,510,465 | -4% |
Natural gas | Kilowatt hours | 1,056,730 | 3,452,738 | 3,712,339 | -69% |
LPG | Metric tonnes | 0 | 0 | 0 | 0% |
Diesel | Litres | 7,117 | 32,391 | 16,824 | -78% |
Fugitives | Kilograms | 0 | 70 | 155 | -100% |
Waste | Metric tonnes | 1,623 | 404 | 212 | 301% |
Water | Cubic metres | 54,568 | 131,361 | 52,931 | -58% |
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Environment continued
Emissions
Unit | 2023 | 2022 | 2021 | % Change vs 2022 | |
Environment - EMEA | |||||
Total tCO2e | Metric tonnes | 722 | 826 | 860 | -13% |
Per HC | Metric tonnes | 0.20 | 0.25 | 0.27 | -22% |
Electricity | Kilowatt hours | 4,743,836 | 5,219,800 | 9,131,424 | -9% |
Natural gas | Kilowatt hours | 751,392 | 426,111 | 3,221,374 | 76% |
LPG | Metric tonnes | 0 | 0 | 0 | 0% |
Fugitives | Kilograms | 0 | 70 | 155 | -100% |
Diesel | Litres | 0 | 100 | 100 | -100% |
Waste | Metric tonnes | 1,217 | 310 | 273 | 293% |
Water | Cubic metres | 70,547 | 39,667 | 18,133 | 78% |
Environment - Americas | |||||
Total tCO2e | Metric tonnes | 1,059 | 4,936 | 5,240 | -79% |
Per HC | Metric tonnes | 0.35 | 1.63 | 1.48 | -79% |
Electricity | Kilowatt hours | 66,992,978 | 67,141,358 | 145,126,178 | 0% |
Natural gas | Kilowatt hours | 1,679,687 | 5,406,865 | 10,246,078 | -69% |
LPG | Metric tonnes | 0 | 0 | 0 | 0% |
Diesel | Litres | 119,770 | 57,913 | 38,275 | 107% |
Fugitives | Kilograms | 0 | 0 | 0 | 0% |
Waste | Metric tonnes | 939 | 439 | 369 | 114% |
Water | Cubic metres | 96,555 | 155,616 | 62,971 | -38% |
Environment - APAC | |||||
Total tCO2e | Metric tonnes | 3,653 | 3,816 | 2,092 | -4% |
Per HC | Metric tonnes | 0.25 | 0.28 | 0.16 | -10% |
Electricity | Kilowatt hours | 35,857,692 | 27,716,375 | 36,246,691 | 29% |
Natural gas | Kilowatt hours | 0 | 135,700 | 1,875,264 | -100% |
LPG | Metric tonnes | 8 | 3 | 0 | 189% |
Diesel | Litres | 85,122 | 168,055 | 100,618 | -49% |
Fugitives | Kilograms | 0 | 0 | 0 | 0% |
Waste | Metric tonnes | 4,029 | 792 | 224 | 409% |
Water | Cubic metres | 157,722 | 106,309 | 54,184 | 48% |
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Group Sustainability Databook 2023 |
Environment continued
Climate targets
Unit | 2023 | 2022 | 2021 | 2019 baseline emissions | |
Absolute reduction in Scope 1 and 2 Market-based GHG emissions from 2019 baseline | Percentage | -90% | -55% | -66% | 2,163 |
Scope 3 emissions reduction from business travel, and employee commuting from 2019 baseline | Percentage | -13% | -55% | -84% | 79,221 |
Absolute reduction in Scope 1 and 2 Market-based GHG emissions and Scope 3 emissions reduction from | |||||
fuel and energy-related activities (FERA), business travel, homeworking and employee commuting from 2019 baseline | Percentage | -29% | -57% | -77% | 91,518 |
Emissions from purchased goods and services covered by science-based targets by 2026 | Percentage | 44% | 37% | N/A | N/A |
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Group Sustainability Databook 2023 |
People
Workforce composition
Scope | Unit | 2023 | 2022 | 2021 | |||
Employee status | |||||||
Total employees | Global | Number | 25,708 | 24,334 | 23,040 | ||
Full-time employees | Global | Percentage | 99% | 99% | 99% | ||
Part-time employees | Global | Percentage | 1% | 1% | 1% | ||
Age | |||||||
Employee age: Under 30 | Global | Percentage | 31% | 32% | 30% | ||
Employee age: 30-50 | Global | Percentage | 59% | 56% | 59% | ||
Employee age: Over 50 | Global | Percentage | 10% | 12% | 11% | ||
Region | |||||||
EMEA | EMEA | Percentage | 32% | 32% | - | ||
APAC | APAC | Percentage | 56% | 56% | - | ||
Americas | Americas | Percentage | 12% | 12% | - | ||
Turnover and mobility | |||||||
Voluntary employee turnover | Global | Percentage | 9% | 17% | 14% | ||
Proportion of workforce to receive promotion | Global | Percentage | 11% | - | - | ||
Vacancies filled by internal candidates | Global | Percentage | 36% | - | - | ||
Internal vacancies filled | by | women | Global | Percentage | 46% | - | - |
Internal vacancies filled | by | underrepresented ethnic groups | UK and US | Percentage | 11% | - | - |
External women hires as proportion of overall external hires | Global | Percentage | 42% | - | - | ||
External underrepresented ethnic groups hires as proportion of overall external hires | UK and US | Percentage | 25% | - | - | ||
Engagement | |||||||
Employees responding to annual engagement survey | Global | Percentage | 88% | 86% | 81% | ||
Employee engagement score | Global | Number | 75 | 75 | 73 |
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People continued
Learning and development
Scope | Unit | 2023 | 2022 | 2021 | |
Investment | |||||
Training spend | Global | GBP | 4.9m | 3.8m | - |
Average training spend per employee | Global | GBP | 189 | 156 | - |
Learning and development spend as proportion of revenue | Global | Percentage | 0.6% | - | - |
Training hours | |||||
Average training per employee | Global | Hours | 21 | - | - |
Average training - women | Global | Hours | 21 | - | - |
Average training - men | Global | Hours | 21 | - | - |
Average training - senior leadership | Global | Hours | 12 | - | - |
Average training - people leaders | Global | Hours | 22 | - | - |
Average training - underrepresented ethnic groups | UK and US | Hours | 30 | - | - |
Average training - white groups | UK and US | Hours | 23 | - | - |
Average training - age | - | - | |||
Under 30 | Global | Hours | 29 | - | - |
30-50 | Global | Hours | 18 | - | - |
Over 50 | Global | Hours | 16 | - | - |
Employees eligible for sustainability training through the Sustainability Unlocked platform | Global | Number | 2,000 | - | - |
Mandatory training completion rates | |||||
Code of Conduct | Global | Percentage | 99.8% | 97.3% | - |
Risk management | Global | Percentage | 99.8% | - | - |
Financial sanctions and export controls | Global | Percentage | 99.9% | - | - |
Privacy and data protection | Global | Percentage | 99.9% | - | - |
Financial crime and tax evasion | Global | Percentage | 99.8% | - | - |
Information security | Global | Percentage | 99.8% | - | - |
UK market abuse regulation | Global | Percentage | 99.9% | - | - |
Operational resilience | Global | Percentage | 99.9% | - | - |
Development | |||||
Employees receiving quarterly performance reviews | Global | Percentage | 99.8% | - | - |
Employees with personal development plans recorded on new Career Navigator platform | Global | Percentage | 3.2% | - | - |
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People continued
Equity, diversity and inclusion
Scope | Unit | 2023 | 2022 | 2021 | |
Gender | |||||
Women on LSEG plc Board | Global | Number | 5 | 6 | 6 |
Women on LSEG plc Board | Global | Percentage | 42% | 46% | 46% |
Men on LSEG plc Board | Global | Number | 7 | 7 | 7 |
Men on LSEG plc Board | Global | Percentage | 58% | 54% | 54% |
Women in senior leadership roles (ExCo and Group Leaders) | Global | Number | 41 | 42 | 34 |
Women in senior leadership roles (ExCo and Group Leaders) | Global | Percentage | 42% | 40% | 33% |
Men in senior leadership roles (ExCo and Group Leaders) | Global | Number | 57 | 64 | 69 |
Men in senior leadership roles (ExCo and Group Leaders) | Global | Percentage | 58% | 60% | 67% |
Women people leaders | Global | Number | 1,488 | 1,388 | 1,024 |
Women people leaders | Global | Percentage | 36% | 35% | 33% |
Men people leaders | Global | Number | 2,672 | 2,568 | 2,046 |
Men people leaders | Global | Percentage | 64% | 65% | 67% |
Women in workforce | Global | Number | 10,928 | 10,513 | 9,920 |
Women in workforce | Global | Percentage | 43% | 43% | 43% |
Men in workforce | Global | Number | 14,680 | 13,783 | 13,341 |
Men in workforce | Global | Percentage | 57% | 57% | 57% |
Women in management positions in revenue generating functions | Global | Percentage | 31% | - | - |
Men in management positions in revenue generating functions | Global | Percentage | 69% | - | - |
Women in STEM related positions | Global | Percentage | 42% | - | - |
Men in STEM related positions | Global | Percentage | 58% | - | - |
Ethnicity | |||||
Underrepresented ethnic groups on LSEG plc Board | Global | Number | 2 | 2 | 2 |
Underrepresented ethnic groups on LSEG plc Board | Global | Percentage | 17% | 15% | 15% |
White ethnic groups on LSEG plc Board | Global | Number | 10 | 11 | 11 |
White ethnic groups on LSEG plc Board | Global | Percentage | 83% | 85% | 85% |
Underrepresented ethnic groups in senior leadership roles (ExCo and Group Leaders) | Global | Number | 13 | 14 | 14 |
Underrepresented ethnic groups in senior leadership roles (ExCo and Group Leaders) | Global | Percentage | 14% | 15% | 16% |
White ethnic groups in senior leadership roles (ExCo and Group Leaders) | Global | Number | 69 | 77 | 76 |
White ethnic groups in senior leadership roles (ExCo and Group Leaders) | Global | Percentage | 73% | 85% | 84% |
Ethnicity not disclosed for groups in senior leadership roles (ExCo and Group Leaders) | Global | Percentage | 13% | 10% | 10% |
Underrepresented ethnic groups as people leaders | UK and US | Number | 494 | 401 | 273 |
Underrepresented ethnic groups as people leaders | UK and US | Percentage | 26% | 26% | 22% |
White ethnic groups as people leaders | UK and US | Number | 1,201 | 1,167 | 952 |
White ethnic groups as people leaders | UK and US | Percentage | 62% | 74% | 78% |
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People continued
Equity, diversity and inclusion
Scope | Unit | 2023 | 2022 | 2021 | ||||
Ethnicity not disclosed for people leaders | UK and US | Percentage | 12% | 15% | 14% | |||
Underrepresented ethnic groups in workforce | UK and US | Number | 2,256 | 1,933 | 1,859 | |||
Underrepresented ethnic groups in workforce | UK and US | Percentage | 32% | 33% | 31% | |||
White ethnic groups in workforce | UK and US | Number | 4,028 | 3,908 | 4,197 | |||
White ethnic groups in workforce | UK and US | Percentage | 57% | 67% | 69% | |||
Ethnicity not disclosed in workforce | UK and US | Percentage | 11% | 14% | 16% | |||
Ethnicity breakdown by type | ||||||||
Asian | UK and US | Percentage | 21% | - | - | |||
Black African American | UK and US | Percentage | 5% | - | - | |||
Hispanic or Latino | UK and US | Percentage | 2% | - | - | |||
Mixed | UK and US | Percentage | 3% | - | - | |||
White | UK and US | Percentage | 57% | - | - | |||
Other | UK and US | Percentage | 1% | - | - | |||
Not disclosed | UK and US | Percentage | 11% | - | - | |||
Disability | ||||||||
Disabled | Global | Percentage | 1% | - | - | |||
Not disabled | Global | Percentage | 45% | - | - | |||
Not disclosed | Global | Percentage | 54% | - | - | |||
Disability by position | ||||||||
Senior leadership | Global | Percentage | 2% | - | - | |||
People leadership | Global | Percentage | 2% | - | - | |||
Wider workforce | Global | Percentage | 1% | - | - | |||
Pay equity | ||||||||
Scope | Unit | 2023 | 2022 | 2021 | ||||
Chief Executive pay ratio (Method C) 25th percentile | Global | Number | 30 | 61 | 97 | |||
Chief Executive pay ratio (Method C) 50th percentile | Global | Number | 23 | 40 | 63 | |||
Chief Executive pay ratio (Method C) 75th percentile | Global | Number | 19 | 31 | 49 | |||
Raw mean gender pay gap | Global | Percentage | 29.2% | 32.6% | - | |||
Identified mean | gender | pay gap | Global | Percentage | 28.0% | 31.1% | - | |
Non-Identifiable | mean | gender pay | gap | Global | Percentage | 1.2% | 1.5% | - |
Raw mean ethnicity pay gap | UK and US | Percentage | 13.4% | 17.8% | - | |||
Identified mean | ethnicity pay gap | UK and US | Percentage | 14.2% | 18.1% | - | ||
Non-Identifiable | mean | ethnicity pay | gap | UK and US | Percentage | -0.8% | 0.3% | - |
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London Stock Exchange Group plc published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 12:47:10 UTC.