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Inclusion in Euronext CAC 40 ESG Index

25.03.2021, 12:35

Inclusion in Euronext CAC 40 ESG Index

Sodexo has been included on the first iteration of the Euronext CAC 40 ESG index which identifies the 40 companies within the CAC Large 60 Index that demonstrate the best Environmental, Social and Governance practices.

Launched last week, the CAC 40® ESG index combines measurement of economic performance with Environmental, Social and Governance impacts, in line with the French SRI label2 and the UN Global Compact principles3. The CAC 40® ESG index was developed following a large consultation among the financial community, public authorities and regulator. Euronext has partnered with Vigeo Eiris (V.E), an affiliate of Moody’s. V.E provides the ESG Assessment of companies for the composition of the index and engages in dialogue with them on their ESG performance. It is Euronext’s first national ESG index 

Denis Machuel, Sodexo CEO, comments: “Being amongst leading French companies paving the way for a growth that is both profitable and responsible is a great recognition for Sodexo. We salute Euronext’s initiative to assess overall company performance beyond financial metrics and make ESG investment more accessible for institutional and private investors.

“Since our beginnings we are focused on growing responsibly by working with our clients to deliver a positive impact on individual health and wellbeing, communities, and the planet. This recognition validates the value of this approach for all stakeholders, including investors.” 

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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