Taking extra-financial criteria into account has become a new reflex for listed companies, eager to respond to investor demands. The creation of the CAC 40 ESG on March 22, 2021, helps to get the message across: responsible investing is no longer a niche, but it affects all investment categories, even the most liquid.
CAC 40 companies are essential portfolios… including managers. According to an Epsor study on funds labeled SRI (socially responsible investment), 25% of the funds studied have L’Oréal shares in their top ten lines. The cosmetics group is closely followed by Schneider Electric (24%), Air Liquide (20%), LVMH (19%) and Sanofi (17%), while Total reaches 14%.
However, are the largest French stock market capitalisations the most responsible? Total was not selected by the CAC 40 ESG index, created by Euronext this year. And in the table of failures also appear Airbus, Alstom, ArcelorMittal, Dassault Systèmes, EssilorLuxottica, Hermès, Saint-Gobain and Thales.