“As a leading technology platform powering the world’s economies, Nasdaq’s focus is on serving as the trusted fabric of the financial system. That means we are Future Forward – architecting the world’s modern markets, powering the innovation economy, and building trust in the financial system."
“Our sustainability approach is closely tied to how we think about long-term value across the company. Being “Future Forward” means aligning our work with the forces shaping the global financial system and reinforcing its transparency and resilience.”
Our sustainability strategy is an evolution of our core purpose, designed to deliver long‑term value to our clients, colleagues, and communities. It guides how we partner with our stakeholders to power a more resilient and inclusive global economy. We focus on the sustainability topics that are most critical to our business and stakeholders—from advancing climate and technology solutions to championing transparent governance and empowering our workforce.
“Our approach to sustainability is focused on creating lasting value and is grounded in Nasdaq’s purpose to empower economic opportunity. We see sustainability not as a separate function, but as integral to our role as a trusted partner to our clients and a foundational part of the financial system.
| Ratings Agency | Highlights | Score Range |
| Highest scoring range for Corporate Governance, placing us in the Leader category and indicating that our corporate governance practices are well aligned with shareholder interests | AAA–CCC |
| Ratings Agency | Highlights | Score Range |
| Our QualityScores indicate a high level of environmental and social disclosure, and a low governance risk | 1–10 (1 = lowest risk) |
| Ratings Agency | Highlights | Score Range |
| Included in the Dow Jones Best-in-Class World Index for the second consecutive year and the Dow Jones Best-in-Class North America Index for the tenth consecutive year | 0–100 (100 = best) |
| Ratings Agency | Highlights | Score Range |
| Climate Change 2025 A List – Score is based on the comprehensiveness of disclosure, awareness and management of environmental risks, and demonstration of environmental leadership | A-D |
| Supplier Engagement Assessment 2025 A List – Recognized for our efforts to measure and reduce climate risk within our supply chain |
| Ratings Agency | Highlights | Score Range |
| Awarded a Silver Medal as recognition for the top 15% of organizations for sustainability performance | 0–100 (100 = best) |
| Ratings Agency | Highlights | Score Range |
| Low risk of experiencing significant financial impacts from sustainability factors | 0–10 (negligible risk) 10–20 (low risk) 20–30 (medium risk) 30–40 (high risk) 40+ (severe risk) |
Note: Ratings are as of April 30, 2026. The use by Nasdaq of any MSCI ESG Research LLC or its affiliates (“MSCI”) data and the use of the MSCI logos, trademarks, service marks, or names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Nasdaq by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ’as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
*Copyright ©2026 Morningstar Sustainalytics. All rights reserved. This Sustainability Report contains information developed by Sustainalytics. Such information and data are proprietary of Sustainalytics and/or its third-party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor any investment advice and are not warranted to be complete, timely, accurate, or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.
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Listings – U.S.
First North Growth Market – Nordics
Nasdaq Entrepreneurial Center
Capital Markets Technology
Regulatory Technology
Financial Crime Management Technology
Sustainability Solutions
Decarbonization & Climate Change Strategy
Evaluating & Engaging Our Supply Chain
Puro.earth
Nasdaq Sustainable Debt Market
Nasdaq Sustainable Bond Network
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