Emisores Españoles

What Emisores Españoles does

Emisores Españoles is a Spanish non-profit professional association founded on November 13, 2009 and headquartered at Calle Agustín de Betancourt 21, 8ª planta, 28003 Madrid. It represents companies with securities admitted to trading on Spanish regulated markets, and according to its own claims covers more than 70% of the Spanish stock market (mercado bursátil) and more than 75% of IBEX 35 index constituents. Its stated mission is to defend the interests of securities issuers in national markets, improve communication between listed companies and their shareholders, develop high standards of corporate governance, and strengthen the legal security of issuance, trading, settlement, custody, compensation and registration of listed securities.

The association's business model is a membership association funded by contributions from its listed-company members; it does not sell commercial software or technology products. Its core "products" are policy reports (annual reports covering 2010-2019, national regulatory reports, international reports on EU and global consultations, and working-group reports on internal conduct regulations, remuneration policies, corporate governance models and criminal liability frameworks), professional events and jornadas (annual Buen Gobierno Corporativo conferences plus topical sessions on gender balance, ESG, shareholder meetings, and technology in governance), and a secure member portal (gestor.emisoresespanoles.es). Distribution is exclusively direct to member enterprises.

Its go-to-market rests on regulatory influence rather than sales: Emisores Españoles holds a seat on the CNMV Consultative Committee, operates as a regular spokesperson for Spanish listed companies before regulators, and is a member of European Issuers (EI) and the International Corporate Governance Network (ICGN). In January 2021 it adhered to the United Nations Global Compact. The organization is governed by a Board of Directors composed of representatives from member companies, with Lucas Osorio (Metrovacesa) as President since June 2023, Bárbara Jean-Mairet Patiño (Abertis) as Vice President, and Francisco-Javier Zapata Cirugeda as Secretary General; it operates with approximately 6 employees and holds no subsidiaries or parent entities.

Name

Emisores Españoles

Legal name

Emisores Españoles

Website

https://emisoresespanoles.es

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Emisores Españoles is a Madrid-based non-profit association founded in 2009 that represents more than 70% of the Spanish stock market and 75% of IBEX 35, advocating for listed issuers before regulators such as the CNMV and providing governance, regulatory and ESG services.

Ownership category

akta.pro rank

Product category

Securities Issuers Industry Association

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Proxy Voting & Governance Services (FSAAAOAJ)

akta.pro secondary industry

ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• Securities issuers association
• Corporate governance advocacy
• Listed companies representation
• Capital markets regulation
• Issuer membership association

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels7 records

Core offering

Emisores Españoles is a non-profit association that represents and defends the interests of Spanish listed securities issuers before regulators and public administrations, with a particular focus on the CNMV. It delivers its mandate through policy advocacy, expert working groups on corporate governance and securities regulation, publications (annual, national, international, working-group), professional events and conferences, and a secure member portal for associated companies. Membership comprises more than 70% of the Spanish stock market and 75% of the IBEX 35.

Product overview

Emisores Españoles is a professional association for Spanish listed companies, not a technology product company. The association offers a portfolio of services including: policy advocacy and representation before regulators (particularly CNMV), publication of national and international reports on corporate governance and securities regulation, organization of professional events and conferences, and a secure member portal. The association does not offer commercial software products but provides member services, regulatory guidance, and professional development through working groups and publications.

Differentiator

Problem solved

Functional benefit

Products and services

• Informes y Publicaciones (Reports and Publications) Publication of annual reports, national regulatory position papers, international responses to EU and global consultations, and working-group reports on corporate governance, internal conduct regulations, remuneration, and criminal liability. Produced for associated listed companies to support regulatory advocacy and governance practice.
• Eventos y Jornadas (Events and Conferences) Conferences, workshops, and professional events covering corporate governance, regulatory updates, shareholder engagement, ESG, and market-specific topics for member companies and invited participants.
• Área de Asociados (Member Portal) Secure member-only access portal for associated listed companies to retrieve association resources, working-group documentation, reports, and exclusive member services.

Named customers51 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• United Nations Global Compact (Pacto Mundial de Naciones Unidas)coreStrategic or Co-development Partner · 1 January 2021In January 2021, Emisores Españoles adhered to the United Nations Global Compact, which brings together thousands of companies and organizations worldwide. The commitment aims to ensure organizational practices are based on universal principles to make the global market more inclusive and sustainable, advancing international cooperation, peace and development objectives.
• European Issuers (EI)coreStrategic or Co-development PartnerInternational association membership with active participation through the International Committee and its various Committees and Working Groups. European Issuers represents the interests of listed companies at the European level.
• International Corporate Governance Network (ICGN)coreStrategic or Co-development PartnerInternational association membership with active participation through the International Committee and its various Committees and Working Groups. ICGN promotes high standards of corporate governance globally.
• CNMV (Comisión Nacional del Mercado de Valores)coreStrategic or Co-development PartnerEmisores Españoles is a member of the CNMV Consultative Committee and maintains a dialogue and cooperation relationship with the regulator. The association has become a regular spokesperson for listed companies before regulatory bodies, defending members' interests in legislative consultation processes.
• NetAppminorGTM or Marketing PartnerJoint event partnership for a jornada on technology as a key element in good governance and sustainability, held September 27, 2023 in Madrid.
• Morrow SodaliminorGTM or Marketing PartnerJoint event partnership for a jornada on the 2023 shareholder meeting season and challenges for 2024, held October 23, 2023.
• Sodali & CominorGTM or Marketing PartnerJoint event partnership for a jornada on 2024 shareholder meetings and special situations, and challenges for 2025, held October 9, 2024. Sodali & Co presented their 'Lighthouse 2024' report.
• DiligentminorGTM or Marketing PartnerJoint event partnership for a jornada on the EU Directive on gender balance and its transposition in Spain, held June 22, 2023 in collaboration with Women CEO.
• DiligentminorGTM or Marketing PartnerJoint event partnership for a jornada on non-financial information, diversity, sustainability and related party transactions under Law 5/2021, held November 17, 2021.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• NIRI (National Investor Relations Institute): US-based professional association for investor relations officers, with partial overlap in serving listed-issuer governance and shareholder communication needs. Comparable as an issuer-focused professional association, though operating in a different geography.

Broad incumbents

• Confederación Española de Organizaciones Empresariales (CEOE): Spain's main cross-sector employers' federation, overlapping with Emisores Españoles on broader corporate policy and governance topics at national level, though CEOE represents all Spanish companies rather than listed issuers specifically.
• Confindustria: Italian employers' federation representing large listed and private companies. Comparable as a national counterpart advocating for listed-issuer governance and economic policy in another major EU market.
• Deutsche Börse AG: Operator of the Frankfurt Stock Exchange and related market infrastructure. Comparable as a European exchange operator serving listed issuers in a neighbouring market to Spain.
• London Stock Exchange Group (LSEG): Major European exchange operator and listed-issuer-facing infrastructure provider. Comparable as a market-side incumbent serving overlapping issuer and investor constituencies across Europe.
• Bolsas y Mercados Españoles (BME): Operator of the Spanish stock exchanges and a member of Emisores Españoles. Comparable as the primary market infrastructure provider serving the same listed-issuer constituency in Spain, though its mandate is market operation rather than issuer advocacy.
• Association Française des Entreprises Privées (AFEP): French employers' association representing large listed and private companies on governance, regulatory and economic policy. Comparable as a national-level business federation advocating for listed-issuer interests.

Direct peers

• International Corporate Governance Network (ICGN): Global network promoting high standards of corporate governance among issuers and investors. Emisores Españoles participates through ICGN committees and working groups, making it a comparable governance-advocacy organisation serving listed companies.
• European Issuers (EI): Pan-European trade association representing listed companies at the EU level, of which Emisores Españoles is itself an active member. Closest functional counterpart: advocacy on securities regulation, corporate governance and shareholder rights for listed issuers.

Others

• Comisión Nacional del Mercado de Valores (CNMV): Spanish securities market regulator, with which Emisores Españoles maintains a Consultative Committee relationship. Not a peer in the commercial sense, but the primary regulatory counterparty whose priorities shape much of the association's work.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/emisores-espa%C3%B1oles

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Emisores Españoles