JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announced it has once again been listed in the
“Corporate Social Responsibility” rankings of the MSCI* (Morgan Stanley Capital International) rating agency, obtaining the maximum AAA score.
AAA-rated since 2018, JCDecaux is the only company on the Media & Entertainment panel to have obtained MSCI’s maximum rating in 2020. The Group’s overall score was 6.7/10, which came in well above the sector average at 4.2/10.
As such, the MSCI rating agency commends JCDecaux for its solid governance and effective strategy in managing ethical, social and environmental risks. In particular, the Group scored the maximum 10/10 rating in environmental performance on carbon emissions policy.
JCDecaux’s continued inclusion in this index confirms its expertise and resilience in ESG practices, which were already commended by two other extra-financial rating agencies in 2020:
- The Carbon Disclosure Project (CDP) Climate Change rating agency, which recognised JCDecaux’s commitments, action plans and results in the fight against climate change by maintaining its “A Leadership” ranking status for the second year in a row;
- The FTSE Russell, which has listed JCDecaux in its FTSE4Good index since 2014, awarded the Group a score of 4.6/5 in 2020, much higher than the average score of the sector of 2.8/5.
Jean-Charles Decaux, Chairman of the Executive Board and Co-Chief Executive Officer of JCDecaux, said: “
Following the announcement in February 2021 of our renewal in the FTSE4Good extra-financial index, with an overall strengthened performance of 4.6/5 and 5/5 in the Environment rating criteria, JCDecaux is once again recognised by the extra-financial rating agency MSCI for its 2020 ESG performances. The acknowledgement of our sustainability strategy by extra-financial rating agencies demonstrates the excellence of our environmental, social and governance practices, as well as our ongoing commitment to ensuring transparency towards our stakeholders”.
*Morgan Stanley Capital International (MSCI) is one of the leading analysis and rating agencies on companies’ environmental, social and governance (ESG) practices. It assesses the resilience to long-term ESG risks of over 8,500 companies, rating them from AAA to CCC according to their exposure to the ESG risks specific to their sector, and their ability to manage those risks relative to their peers. These assessments are used by over 1,400 investors worldwide in the construction and management of their asset portfolios.