JCDecaux Secures CDP A List for Third Consecutive Year, Affirming Climate Leadership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Sustainability Recognition: JCDecaux has been included in the CDP A List for the third consecutive year, confirming its leadership in climate transparency and performance, ranking in the top 4% among 20,000 assessed companies, thereby reinforcing its leading position in the global outdoor advertising market.
- Carbon Reduction Goals: The company is committed to achieving Net Zero Carbon by 2050, with a target to reduce Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030, demonstrating its strong commitment to sustainability through a science-based emissions reduction pathway.
- Global Influence: With over 1,091,811 advertising panels worldwide and a daily audience of 850 million people, JCDecaux showcases its significant impact in the outdoor advertising sector, providing a robust market foundation for its sustainability strategy.
- Green Procurement Advocacy: JCDecaux actively promotes green public procurement, collaborating with cities and transport authorities to develop lower-resource, lower-carbon media solutions, aiming to support the creation of sustainable urban environments and enhance its competitive edge in the environmental sector.
Analyst Views on DEC
Wall Street analysts forecast DEC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DEC is 25.05 USD with a low forecast of 17.00 USD and a high forecast of 40.29 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.440
Low
17.00
Averages
25.05
High
40.29
Current: 12.440
Low
17.00
Averages
25.05
High
40.29
About DEC
Diversified Energy Company is an energy company focused on natural gas and liquids production, transport, marketing, and well retirement. It has onshore upstream and midstream assets. Its assets are primarily located within the Appalachian and Central regions of the United States. The Appalachian Region spans Pennsylvania, Virginia, West Virginia, Kentucky, Tennessee and Ohio and consists of two productive unconventional shale formations, along with numerous conventional formations. It operates within the Marcellus Shale and the slightly deeper Utica Shale, as well as many conventional formations. Its Central Region includes parts of Texas, Louisiana and Oklahoma, and is home to a number of asset rich natural gas and oil formations. It operates within the Haynesville, Bossier, Cotton Valley, Barnett and Mid Continent plays. It has a Permian asset base with multiple zones in the Northern Delaware Basin. Its subsidiary, Next LVL Energy LLC, is an asset retirement service provider.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
