For several years, Lagardère has maintained frequent, ongoing and seamlessly dialogue with non-financial investment analysts to comply with their growing expectations regarding environmental, social and governance issues.
Extra-financial analysis consists in assessing companies (and other kinds of issuers of financial securities) on their environmental, social and governance (ESG) policies to draw up a rating and compare ESG practices.
These ratings are taken into account by investors and asset managers. Thus, with regard to its commitment, level of maturity and best practices in sustainability and ESG, the Lagardère group achieved the following performances in 2023 (based on 2022 data):
- Sustainalytics: “low risk”, with a rating of 16.6 (up 1.2 points on the previous period), ranking Lagardère 168th out of the 505 companies rated in the “Retail” sector;
- CDP: C rating, below the average for European companies (B), but in line with the “Publishing” sector (C) in which the Lagardère group is assessed;
- S&P – Global CSA: score of 48/100 in 2023 (down 12 points from the previous year). However, Lagardère’s performance is in the 95th percentile compared with other companies rated in the Media, Movies & Entertainment category.
