Environmental Commitment of ESMA Meets Highest European Standard

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by KnowESG

The European Securities and Markets Authority (ESMA), which is in charge of regulating and overseeing the EU's financial markets, has been recognised for its environmental management system by the European Eco-Management and Audit Scheme (EMAS) and ISO 14001.

The French Ministry for the Ecological Transition gave the registration to ESMA on September 10, 2022, for three years. It covers all of ESMA's operational and core business activities.

Natasha Cazenave, Executive Director, said:

“At ESMA, we are very pleased to have been awarded the EMAS certification. This shows that ESMA has worked hard over the past few years to reduce its impact on the environment.

"We want to help move toward a more sustainable economic and financial system by making sustainability a part of everything we do."

ESMA is committed to:

  • Minimise the consumption of energy, water, paper and other resources;

  • Encourage the prevention of waste and environmental pollution by maximising the recycling and reuse of items and by optimising their disposal;

  • Take measures to reduce CO2 emissions and minimise the impact of mobility and travel; and

  • Comply with relevant environmental legislation, administrative regulations, and other requirements.

To fulfil these commitments, ESMA will encourage environmental awareness within the organisation, disseminate and implement the environmental policy at all levels of the authority, and provide adequate resources to carry out the policy as required by the EMAS regulation.

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The progress that ESMA has made on these promises is shown in the annual public environmental statement.

ESMA is the seventh EU agency and the 100th organisation in France to sign up with EMAS.

Source: ESMA

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