Vivendi is Added to the CAC 40® ESG index
, fromVivendi SE
Vivendi has been engaged since 2003 in a sustainable journey through longstanding ESG commitments. The CAC 40® ESG is Euronext's first national ESG index. It was developed following a large consultation among the financial community, public authorities, and regulators.
Vivendi joined the CAC 40® ESG, a French index of large groups with the best ESG (environmental, social, and governance) practices, which was launched on March 22, 2021.
The CAC 40® ESG index is designed to find the 40 companies in the CAC Large 60 Index (CAC40 + Next 20) that have the best ESG practices. This is in response to the growing demand for sustainable investment tools from investors, the market, and listed companies.
Vivendi has been engaged since 2003 in a sustainable journey through longstanding ESG commitments.
2020 marked the acceleration of the integration of Vivendi’s commitments into its strategy and activities and the redefinition of its CSR program. The new program, called Creation for the Future, directly ties in with the group’s raison d'être, Creation Unlimited.
2020 was also marked by the accelerated integration of ESG criteria into Vivendi’s financial communications. This process was endorsed by the Chairman of the Supervisory Board, Yannick Bolloré, at the Annual Shareholders’ Meeting in April 2020.
The CAC 40® ESG index combines measurement of economic performance with environmental, social, and governance impacts in line with the French SRI label—a label created with success in 2011 by the French Ministry of Finance—and the UN Global Compact principles. A new major initiative of the Paris financial market, where the COP 21 agreements were signed.
There are a lot of global ESG indexes like the S&P 500 ESG and Euro Stoxx 50 ESG, but the CAC 40® ESG is Euronext’s first national ESG index. It was developed following a large consultation among the financial community, public authorities, and the regulator.
source: Vivendi news