In today’s briefing:
- Increasing Attention to the Role Played by Individuals in the Rising Trend of Stock Ownership
- Altice International – ESG Report – Lucror Analytics
- Oriflame – ESG Report – Lucror Analytics
- Aegea – ESG Report – Lucror Analytics
Increasing Attention to the Role Played by Individuals in the Rising Trend of Stock Ownership
- The percentage of stockholdings by individuals will continue rising. Their tendency to buy-on-decline will continue to serve as a cushion in times of falling stocks as well as voting behavior.
- Now that the BOJ’s ETF purchases have subsided, an increase in trust bank stock holdings is not expected. A limited increase in pension assets is also expected.
- The reduction in cross-shareholdings has reduced the shareholding ratio of corporations to 19.6%. Meanwhile, corporations repurchased total of 5,790.7 billion yen in FY2022, indicating that share repurchases have taken root.
Altice International – ESG Report – Lucror Analytics
- Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
- We view Altice International’s ESG as “Adequate”, in line with the Environmental, Social and Governance pillars. Controversies are “Material” and Disclosure is “Adequate”.
- Altice International offers cable TV, broadband Internet as well as fixed and mobile telephony services in Portugal, Israel and the Dominican Republic.
Oriflame – ESG Report – Lucror Analytics
- Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
- We assess Oriflame’s ESG as “Adequate”, in line with its “Adequate” Social and Governance scores. The company has a “Strong” score for the Environmental pillar. Controversies are “Immaterial” and Disclosure is “Strong”.
- Oriflame is a global beauty direct seller that markets its products through 3.1 mn members across 60 countries.
Aegea – ESG Report – Lucror Analytics
- Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
- We assess Aegea’s ESG as “Strong”, in line with its Environmental and Social pillars, while Governance is “Adequate”. Controversies are “Immaterial” and Disclosure is “Strong”.
- Aegea is the largest water and sewage private company in Brazil, providing services throughout the water cycle process (e.g. water supply as well as water and sewage collection/treatment).