In the pursuit of a more sustainable future, Nasdaq Green Designations play an important role in supporting companies with transparency and visibility around their green business strategies. Nasdaq Green Designations are voluntary designations, open to both private companies and companies listed on the Nasdaq Nordic markets, seeking to amplify transparency around their environmentally conscious business models. Download the Nasdaq Green Designations factsheet to learn more about the benefits and the application process.
In the pursuit of a more sustainable future, Nasdaq Green Designations play an important role in supporting companies with transparency and visibility around their green business strategies. Nasdaq Green Designations are voluntary designations, open to both private companies and companies listed on the Nasdaq Nordic markets, seeking to amplify transparency around their environmentally conscious business models. Download the Nasdaq Green Designations factsheet to learn more about the benefits and the application process.
Nasdaq hosted its second Green Equity Capital Markets Day this autumn. During the live capital markets day, our Nasdaq Green Equity companies presented and shared insights on their environmentally sustainable business models and strategies. We invite you to learn more about the benefits of Nasdaq Green Designation and watch the company presentations to learn about the value that the Green Designations bring for you as a company and to investors.
Watch the full Green Equity Capital Markets Day here
Primrock
Solar Foods
Lamor Corporation
The qualitative assessments of the companies applying for the designations are done by a Nasdaq-approved reviewer.
Nasdaq Green Equity Designation and Nasdaq Green Equity Designation – Private Company are attainable for companies that have more than 50 percent of its turnover deriving from activities considered green. Turnover derived from fossil fuel activities must be less than 5 percent. In addition, more than 50 percent of the company’s investments must be allocated to activities considered green.
Nasdaq Green Equity Transition Designation and Nasdaq Green Equity Transition Designation – Private Company are attainable for companies that have more than 50 percent of its investments allocated to activities considered green. There is no minimum threshold for turnover from activities considered green, but the company’s turnover derived from fossil fuel activities must be less than 50 percent.
The company engages a Nasdaq approved reviewer to make an assessment for alignment with the Nasdaq Green Equity Principles.
In the digital application form the company enters environmental data to be shared in the Nasdaq ESG Data Portal after approval.
The assessment report and other supporting voluntary documents are uploaded in the application form. Company confirms completeness and submits application.
The reviewer enters the digital application form and confirms alignment with the Nasdaq Green Equity Principles.
Nasdaq checks the form for completeness and approves the application.
Allow up to 10 business days for approval.
To initiate your path towards a Nasdaq Green Designation contact listings@nasdaq.com or a Nasdaq approved reviewer.
To start a Nasdaq Green Designation application form access Nasdaq Listing Center.
We have received your request and will soon be in touch to schedule your time with an advisor. Nasdaq looks forward to helping you advance your listings efforts.
Privately owned companies with European domicile can apply for and benefit from the designation when raising capital or preparing for a future IPO.
Private companies can apply for the ‘Nasdaq Green Equity Designation - Private Company’ or ‘Nasdaq Green Equity Transition Designation – Private Company’. The requirements for listed and non-listed companies are the same.
A Nasdaq-approved reviewer, S&P Ratings, will conduct a qualitative assessment regarding a company's alignment with the qualification criteria in the Nasdaq Green Equity Principles.
A Nasdaq approved reviewer will assess the company's alignment with the requirements in the Nasdaq Green Equity Principles. The approved reviewer will use its own methodology for the assessment. Nasdaq does not make any qualitative assessment and relies on the approved reviewer's assessment of issuers' alignment with the Nasdaq Green Equity Principles.
The company must commit to an annual limited assessment of its alignment with the Nasdaq Green Equity Principles by a Nasdaq approved reviewer and submit a renewal application to Nasdaq via the Listing Center application. The company must commit to share relevant information including environmental information for Nasdaq’s ESG Data Portal and update it on an annual basis in connection with the renewal application of the designation. A full assessment is only required if there have been structural or other material changes in the company.
While the timeline for an assessment and approval process may vary, it generally takes from one to two months.
The designation is valid 12 months. To uphold the designation, an approved reviewer must conduct a timely annual limited assessment to validate that the company still meets the requirements, and the renewal application must be submitted to Nasdaq no later than 10 business days ahead of expiration of the designation. See the product sheet for more information.
At the time of the IPO, the private company’s designation smoothly transitions into the designation for a listed company, generally requiring little additional action from the company.
As a main principle no reviewer assessment is required in connection to listing unless specific circumstances exist. The designation will be renewed following the standard 12-month cycle.
The existing assessment report can be used with the reviewer’s addition of a page informing that the company has been listed and uses the relevant badge for a listed company.
If the company has prepared more public information on their green business operations and green strategy that they would like to have reflected in their company assessment, they can request an update.
Our regulated market suited to companies that can adhere to the highest standards.
Key Features:
Our regulated market suited to companies that can adhere to the highest standards.
Key Features:
Our senior growth market segment with stricter listing requirements, preparing companies for a Main Market listing.
Key Features:
Our senior growth market segment with stricter listing requirements, preparing companies for a Main Market listing.
Key Features:
Our growth market for aspiring companies to gain access to the public market.
Key Features:
Our growth market for aspiring companies to gain access to the public market.
Key Features:
A new corporate responsibility and environmental, social, and governance (ESG) workflow and data reporting service.
A new corporate responsibility and environmental, social, and governance (ESG) workflow and data reporting service.
Raise debt capital for investment with clear benefits to the environment or social sustainability.
Key Features:
Raise debt capital for investment with clear benefits to the environment or social sustainability.
Key Features:
Complete family of environmental indexes.
Key Features:
Complete family of environmental indexes.
Key Features:
%20a%20Strong%20ETF%20Right%20Now%3F%20%7C%20Nasdaq&_biz_n=6&rnd=10798&cdn_o=a&_biz_z=1743056870919)
