DOCSLIB.ORG

Euro Stoxx® Islamic 50 Index

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

FAITH-BASED INDICES 1 EURO STOXX® ISLAMIC 50 INDEX Stated objective Key facts The STOXX Islamic Indices are designed to provide European and » The underlying share basket is composed of liquid stocks to ensure Eurozone equity market exposure in compliance with it can be tracked by a wide range of financial products Shariahprinciples. The index components are selected by means of an advanced proprietary screening technique. The screening process is monitored by the STOXX European Islamic Index Shariah Supervisory Board, comprising Dr. Abdul Aziz Khalifah Al-Qassar, Dr. Eissa Zaki Eissa and Dr. Esam Al-Enezi.The following indices are calculated: the STOXX Europe Islamic, which is derived from the STOXX Europe 600; the STOXX Europe Islamic 50 and the EURO STOXX Islamic 50, which are blue-chip indices derived from the STOXX Europe Islamic Index. Descriptive statistics Index Market cap (EUR bn.) Components (EUR bn.) Component weight (%) Turnover (%) Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 months EURO STOXX Islamic 50 Index 1,542.4 1,227.9 24.6 13.0 119.3 6.0 9.7 0.5 46.2 EURO STOXX Index 4,398.5 3,240.8 11.0 4.5 119.3 1.0 3.7 0.0 3.7 Supersector weighting (top 10) Country weighting Risk and return figures1 Index returns Return (%) Annualized return (%) Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y EURO STOXX Islamic 50 Index 2.0 5.8 17.9 60.5 74.2 26.0 8.6 17.5 16.6 11.4 EURO STOXX Index 1.6 4.5 19.2 56.3 49.3 21.1 6.6 18.8 15.6 8.1 Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2 EURO STOXX Islamic 50 Index 16.3 13.0 12.5 17.8 18.5 0.2 0.7 1.2 0.9 0.6 EURO STOXX Index 15.2 13.3 12.7 19.3 20.0 -0.1 0.5 1.2 0.8 0.4 Index to benchmark Correlation Tracking error (%) EURO STOXX Islamic 50 Index 1.0 1.0 1.0 1.0 1.0 3.7 3.9 3.7 4.4 4.9 Index to benchmark Beta Annualized information ratio EURO STOXX Islamic 50 Index 1.0 0.9 0.9 0.9 0.9 1.1 0.5 -0.3 0.1 0.5 1 For information on data calculation, please refer to STOXX calculation reference guide. 2 Based on Euribor1m (EUR, gross return), all data as of Aug. 29, 2014 INNOVATIVE. GLOBAL. INDICES. FAITH-BASED INDICES 2 EURO STOXX® ISLAMIC 50 INDEX Fundamentals (for last 12 months) Index Price/earnings Price/earnings Price/ Dividend Price/ Price/ incl. negative excl. negative book yield (%) sales cash flow Trailing Projected Trailing Projected Trailing Trailing Trailing Trailing EURO STOXX Islamic 50 Index 23.4 16.2 18.5 16.2 2.0 2.8 1.0 9.4 EURO STOXX Index 25.6 15.3 16.8 15.2 1.5 2.8 0.9 7.1 Performance and annual returns3 Methodology All stocks in the STOXX Europe 600 Index are screened for compliance with Islamic values and principles. The screening process is overseen by an independent Shariah Supervisory Board. Companies with significant (more than 33%) activity in one of the following sectors are excluded from the index: non-halal food production, movies, trading of gold and silver, tobacco, hotels, weaponry and arms, alcohol,advertising, non-Islamic banks, financial institutions and insurance companies,gambling, entertainment and music. In a second step, financial ratios are screened: interest income and income from non Shariah-compliant activities must be less than 5% of total income;the ratio of non Shariah-compliant debt to the higher of total assets or market cap must be less than 33%;the total ratio of interest-bearing assets to the higher of total assets or total market cap must be less than 33%. For the blue-chip indices, the l 50 largest stocks in Europe/the Eurozone are selected from the STOXX Europe Islamic Index.The detailed methodology including the calculation formula can be found in our rulebook : http://www.stoxx.com/indices/rulebooks.html Version and symbols Quick facts Index ISIN Symbol Bloomberg Reuters Weighting Free-float market cap Gross Return EUR CH0121746306 SXISLBGT SXISLBGT Index .SXISLBGT 20% for STOXX Europe Islamic, 10% for blue-chip indices Net Return EUR CH0121746298 SXISLBT SXISLBT Index .SXISLBT Cap factor Price EUR CH0121746280 SXISLBE SXISLBE Index .SXISLBE No. of components Variable for STOXX Europe Islamic, 50 for blue-chip indices Gross Return USD CH0121751728 SXISLBGU SXISLBGU Index .SXISLBGU Net Return USD CH0121751637 SXISLBU SXISLBU Index .SXISLBU Review frequency Quarterly (March, June, September, December ) Price USD CH0121749268 SXISLBK SXISLBK Index .SXISLBK Price (EUR) and net return (EUR) of STOXX Europe Islamic 50: Complete list available here: www.stoxx.com/data/vendor_codes.html Calculation/distribution realtime (every 15 seconds) Realtime: 9:00 am? 6:00 pm CET Calculation hours Endofday: 6:00 pm CET Base value/base date 100 as of Dec.31, 2004 History Available daily back to Dec. 31, 2004 Inception date Feb. 23, 2011 3 STOXX data from Dec. 31, 2004 to Aug. 29, 2014 (EUR, gross return), all data as of Aug. 29, 2014 CONTACT DETAILS STOXX customer support P +41 58 399 5900 Zurich/headquarters: Frankfurt: P +49 69 211 13243 Madrid: P +34 91 369 1229 [email protected] P +41 58 399 5300 Hong Kong: P +852 6307 9316 New York: P +1 212 669 6426 www.stoxx.com London: P +44 207 862 7680 STOXX is part of Deutsche Boerse and SIX CUSTOMIZATION The index can be used as a basis for the definition of STOXX® Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers customization in almost unlimited forms for example in terms of component selection, weighting schemes and personalized calculation methodologies. DISCLAIMER STOXX® indices are protected through intellectual property rights. STOXX and EURO STOXX 50 are registered trademarks. The use of the STOXX® indices for financial products or for other purposes requires a license from STOXX. STOXX does not make any warranties or representations, express or implied with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data. STOXX is not providing investment advice through the publication of the STOXX® indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX on the merits of that company. Financial instruments based on the STOXX® indices are in no way sponsored, endorsed, sold or promoted by STOXX. FAITH-BASED INDICES 3 BACKTESTED PERFORMANCE This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance . EURO STOXX® ISLAMIC 50 INDEX Components4 Company Supersector Country Weight (%) TOTAL Oil & Gas FR 10.30 SANOFI Health Care FR 7.75 BAYER Chemicals DE 6.89 BASF Chemicals DE 6.45 SAP Technology DE 4.36 ENI Oil & Gas IT 4.29 UNILEVER NV Food & Beverage NL 4.10 SCHNEIDER ELECTRIC Industrial Goods & Services FR 3.30 AIR LIQUIDE Chemicals FR 2.73 DANONE Food & Beverage FR 2.54 GDF SUEZ Utilities FR 2.52 L'OREAL Personal & Household Goods FR 2.48 IBERDROLA Utilities ES 2.43 LINDE Chemicals DE 2.22 DEUTSCHE POST Industrial Goods & Services DE 2.00 Industria de Diseno Textil SA Retail ES 1.92 ORANGE Telecommunications FR 1.84 PHILIPS Industrial Goods & Services NL 1.74 UNIBAIL-RODAMCO Real Estate FR 1.64 SAINT GOBAIN Construction & Materials FR 1.60 CONTINENTAL Automobiles & Parts DE 1.51 ESSILOR INTERNATIONAL Health Care FR 1.37 MICHELIN Automobiles & Parts FR 1.36 REPSOL Oil & Gas ES 1.32 ADIDAS Personal & Household Goods DE 1.27 RWE Utilities DE 1.22 CRH Construction & Materials IE 1.20 AKZO NOBEL Chemicals NL 1.08 AMADEUS IT HLDG Industrial Goods & Services ES 1.05 Kering Retail FR 0.98 KONE B Industrial Goods & Services FI 0.97 LEGRAND Industrial Goods & Services FR 0.97 PORSCHE PREF Automobiles & Parts DE 0.96 REED ELSEVIER NV Media NL 0.91 ARCELORMITTAL Basic Resources LU 0.90 INFINEON TECHNOLOGIES Technology DE 0.85 KONINKLIJKE DSM Chemicals NL 0.75 THYSSENKRUPP Industrial Goods & Services DE 0.75 HEIDELBERGCEMENT Construction & Materials DE 0.73 CAP GEMINI Technology FR 0.70 TECHNIP Oil & Gas FR 0.69 KERRY GRP Food & Beverage IE 0.67 BOUYGUES Construction & Materials FR 0.65 TENARIS Basic Resources IT 0.64 SODEXO Travel & Leisure FR 0.63 SOLVAY Chemicals BE 0.58 ALCATEL LUCENT Technology FR 0.58 BEIERSDORF Personal & Household Goods DE 0.58 EDF Utilities FR 0.54 GEMALTO Technology FR 0.51 4 Based on the last periodic review implementation.
Recommended publications
  • Iconic Inclusive Growth Initiatives, Earmarked by B4IG Members

    Iconic Inclusive Growth Initiatives, Earmarked by B4IG Members

    Iconic inclusive growth initiatives, earmarked by B4IG members 22/08/2019 The following are among the more than fifty initiatives earmarked by B4IG coalition members towards the platform. Some of these projects will be scaled, expanded or replicated through the B4IG incubator; others will be part of a B4IG innovation hub of inclusive business models that can be shared and emulated by other companies. These examples demonstrate the experience and resources that member companies bring to B4IG. More broadly, they show concretely the role that business can play in addressing inequalities of opportunity, gender and territory, and building truly inclusive societies. Company Name: Accenture Initiative Name: Inclusive Future of Work Inclusive Growth Lever: Equal Opportunity Countries Active: France, Ireland, Spain, United Arab Emirates, UK, US Description: Accenture’s Inclusive Future of Work initiative aims to help mid-career employees in routine roles transition to automation-resilient work. The Inclusive Future of Work Launchpad is geographically focused, bringing together key stakeholders from local business, government and non- profit sectors to identify and scale innovative products and services that address the obstacles to career change commonly encountered by experienced workers in less complex roles. The Launchpad has reached 300 people to date and is applying to the B4IG Incubator to expand its international network of organizations and experts involved, to access further funding to take successful models to scale, and to provide additional services to help workers equipped with new skills thrive in the digital economy. Company Name: Agropur Initiative Name: 1,000 First Days of Life Total Project Funding: 2 million CAD Inclusive Growth Lever: Equal Opportunity Countries Active: Canada Description: Agropur and Olo Foundation share a common goal: to support families in need to ensure babies are born healthy and to promote the development of sound eating habits in early childhood.
  • OPTIMAL VALUE R Eurozone Value Equity ISIN FR0012144590 MONTHLY REPORT AUGUST 31, 2021

    OPTIMAL VALUE R Eurozone Value Equity ISIN FR0012144590 MONTHLY REPORT AUGUST 31, 2021

    MANDARINE OPTIMAL VALUE R Eurozone Value Equity ISIN FR0012144590 MONTHLY REPORT AUGUST 31, 2021 Risk profile 1 2 3 4 5 6 7 Mandarine Optimal Value selects eurozone companies with two specific characteristics: stocks that are undervalued by the market and offer an improving financial and extra- financial outlook (positive momentum). +2.7% +24.2% 16.9% Performance Performance Volatility 1 month YTD 1 year PERFORMANCES AND RISKS The data presented relates to past periods, past performance is not an indicator of future results. Bench. Bench. Bench. +2.6% +20.3% 16.9% Statistical indicators are calculated on a weekly basis. Benchmark: EuroStoxx Large NR Evolution since inception 162.13EUR Fund Bench. Net asset value 80% Yohan Florian SALLERON ALLAIN 60% Even if some fears persist regarding the pace of future growth (thereby favouring stocks with 40% generally defensive profiles over the month), the eurozone stock markets pursued their rebounds, 20% consequently showing solid annual gains. 0% As could be expected, the best contributors to the fund’s performance over the month included -20% healthcare (Merck, Eurofins scientific) and public 2015 2016 2017 2018 2019 2020 2021 services (Verbund). Our luxury goods stocks (LVMH, Moncler and Kering) suffered in August due to Chinese Annual performances statements evoking the idea of a better distribution of wealth in China. Fund Bench. 30% Despite the rather cyclical bias in our portfolio, +26.5 +24.2 which we are maintaining due to these stocks’ +20.3 +16.3 good financial momentum (which is not 15% +12.3 +10.8 weakening), the fund nevertheless succeeded in +6.2 slightly outperforming its benchmark index over +4.0 the month, thereby adding to its cumulative 0% outperformance since the beginning of the year.
  • Allianz Sustainable Investin G Report 2019

    Allianz Sustainable Investin G Report 2019

    Active is: Securing a brighter future Sustainable Investing Report 2019 Value. Shared. Lorem ipsum Contents Highlights 4 Advancing ESG integration 5 Expanding our sustainable investing offering 6 Integrating ESG in Fixed Income Active stewardship 8 Presenting a viewpoint: active engagement at AllianzGI 11 Engagement for work: an external perspective 12 Proxy voting The role of sustainable investing 14 Financing the transition: funding the low-carbon economy 17 Case study on carbon management: a guest contribution by the CEO of BASF SE 18 Impact investing and the UN's sustainability goals Insights 20 ESG and your portfolio: how do ESG factors impact portfolio performance? 22 Demand for ESG investments is growing: investors need guidance to turn interest to action 24 A new regulatory environment: the European Commission’s action plan for financing sustainable growth Client voices 26 Real results: ESG in action Environmental matters 30 Sea Cleaners: it‘s time to act 32 Becoming more eco-friendly 34 Active is: Fostering a low-carbon economy Allianz Global Investors twitter.com/AllianzGI_VIEW 2 Active is: Securing a brighter future The investment industry appears to be reaching a tipping point, where sustainable investing is no longer seen as a trend but rather as an intrinsic part of the way we run – or at least are expected to run – money as asset managers. As an active investor with a long-term outlook, we consider sustainability issues intuitively in our investment decisions and engagement. For colleagues across AllianzGI, this is part of our firm’s DNA. However, we also consider these issues consciously and deliberately.
  • RWE Supervisory Board Decides on Successions for the Executive Board of RWE AG

    RWE Supervisory Board Decides on Successions for the Executive Board of RWE AG

    Press release RWE Supervisory Board decides on successions for the Executive Board of RWE AG • Dr. Markus Krebber to become Chief Executive Officer (CEO) of RWE AG as of 1 July 2021 • Dr. Michael Müller to take over as new Chief Financial Officer (CFO) of the company at the same point in time • Zvezdana Seeger appointed Chief Human Resources Officer (CHR) and Labour Director of RWE AG effective 1 November 2020 Essen, 18 September 2020 Dr. Werner Brandt, Chairman of the Supervisory Board of RWE AG: “Today, the Supervisory Board decided on the succession of positions within the Executive Board of RWE AG. This will ensure that RWE's strategic orientation, which Rolf Martin Schmitz and Markus Krebber have advanced consistently since 2016, will continue to be pursued with the utmost resolve: to position RWE as a global leader in renewable energy with the declared goal of being carbon neutral by 2040.” At the end of July this year, the Supervisory Board of RWE AG had already appointed Dr. Markus Krebber (47) CEO of RWE AG effective 1 July 2021 for a term of five years. He succeeds Dr. Rolf Martin Schmitz, whose contract expires on this date, as scheduled. At its meeting today, the Supervisory Board took further important personnel decisions in order to ensure a seamless transition of responsibilities. With Krebber taking up the CEO position, Dr. Michael Müller (49) will succeed as the Group's Chief Financial Officer (CFO) as of 1 July next year. The Supervisory Board appointed Müller to the Executive Board of RWE AG effective already 1 November 2020.
  • Biodiversity and Ecosystem Services Scaling up Business Solutions

    Biodiversity and Ecosystem Services Scaling up Business Solutions

    business solutions for a sustainable world Biodiversity and ecosystem services scaling up business solutions Company case studies that help achieve global biodiversity targets Contents Scale up, speed up and put the sound up ....... 2 15 PUMA – The Environmental Profi t & Loss Account..........................................................................................................................36 Business, biodiversity and ecosystem 16 Reliance Industries – Converting Wastelands to services in a nutshell ........................................................................... 3 Green Oases ..............................................................................................................40 17 Rio Tinto – Achieving the Goal of Net Positive Impact What are the Aichi Targets? .................................................... 4 on Biodiversity ........................................................................................................42 On the ground business actions ...................................... 6 18 Shell – Corrib Paves the Way – A Response that Bears Re-Peating ...................................................................................................................44 Case Studies ....................................................................................................... 8 19 Suncor Energy – Oil Sands Reclamation 1 ArcelorMittal – Mining in Liberia – Conserving Progress .........................................................................................................................46
  • Allianz: Frontrunner on Climate Change in Danger of Losing Ground

    Allianz: Frontrunner on Climate Change in Danger of Losing Ground

    Allianz: Frontrunner on Climate Change in Danger of Losing Ground Briefing Paper by Urgewald and the Unfriend Coal Coalition August 2, 2017 Introduction Since 2015, Allianz has been rightfully praised for its divestment from coal. The company must now also take the next logical steps: 1. The company must cease to offer insurance services to coal companies from which it has divested share and bond holdings. 2. Recent research on financial investments shows that the Allianz investment portfolio still contains vast amounts of shares and bonds from major coal companies such as India’s NTPC or the Polish energy utilities PGE, Energa and Enea. This is in line with the Allianz divestment decision because the decision only pertains to investments the company makes on its own account. To fully exclude coal investments from its portfolio, Allianz must extend its divestment decision to funds it manages on behalf of third parties. French insurance company AXA committed to doing just that at its 2017 Annual General shareholder meeting (AGM): Exclude insurance of coal companies covered by its divestment decision and extend the divestment to funds the company manages on behalf of third parties. 3. Alliance must also cut ties with companies that do not fall under the threshold of at least 30 percent share of coal but that have massive expansion plans for coal extraction or consumption. In 2015, Allianz made history with its announcement to exclude coal companies from its portfolio. The divestment decision applies to companies that generate a minimum of 30 percent of their revenue from the sale of coal and those that use coal for at least 30 percent of their electricity generation.
  • Liste Des Actions Concernées Par L'interdiction De Positions Courtes Nettes

    Liste Des Actions Concernées Par L'interdiction De Positions Courtes Nettes

    Liste des actions concernées par l'interdiction de positions courtes nettes L’interdiction s’applique aux actions listées sur une plate-forme française et relevant de la compétence de l’AMF au titre du règlement 236/2012 (information disponible dans les registres ESMA). Cette liste est fournie à titre informatif. L'AMF n'est pas en mesure de garantir que le contenu disponible est complet, exact ou à jour. Compte tenu des diverses sources de données sous- jacentes, des modifications pourraient être apportées régulièrement. Isin Nom FR0010285965 1000MERCIS FR0013341781 2CRSI FR0010050773 A TOUTE VITESSE FR0000076887 A.S.T. GROUPE FR0010557264 AB SCIENCE FR0004040608 ABC ARBITRAGE FR0013185857 ABEO FR0012616852 ABIONYX PHARMA FR0012333284 ABIVAX FR0000064602 ACANTHE DEV. FR0000120404 ACCOR FR0010493510 ACHETER-LOUER.FR FR0000076861 ACTEOS FR0000076655 ACTIA GROUP FR0011038348 ACTIPLAY (GROUPE) FR0010979377 ACTIVIUM GROUP FR0000053076 ADA BE0974269012 ADC SIIC FR0013284627 ADEUNIS FR0000062978 ADL PARTNER FR0011184241 ADOCIA FR0013247244 ADOMOS FR0010340141 ADP FR0010457531 ADTHINK FR0012821890 ADUX FR0004152874 ADVENIS FR0013296746 ADVICENNE FR0000053043 ADVINI US00774B2088 AERKOMM INC FR0011908045 AG3I ES0105422002 AGARTHA REAL EST FR0013452281 AGRIPOWER FR0010641449 AGROGENERATION CH0008853209 AGTA RECORD FR0000031122 AIR FRANCE -KLM FR0000120073 AIR LIQUIDE FR0013285103 AIR MARINE NL0000235190 AIRBUS FR0004180537 AKKA TECHNOLOGIES FR0000053027 AKWEL FR0000060402 ALBIOMA FR0013258662 ALD FR0000054652 ALES GROUPE FR0000053324 ALPES (COMPAGNIE)
  • Air Liquide, Airbus E Il Gruppo ADP Collaborano Per Preparare Gli

    Air Liquide, Airbus E Il Gruppo ADP Collaborano Per Preparare Gli

    COMUNICATO STAMPA CONGIUNTO Parigi, 21 Giugno 2021 Air Liquide, Airbus e Groupe ADP insieme per preparare gli aeroporti di Parigi all’era dell’idrogeno Air Liquide, Airbus e Groupe ADP hanno firmato un protocollo d’intesa per preparare l’arrivo dell'idrogeno negli aeroporti entro il 2035 nell'ambito dello sviluppo di velivoli commerciali alimentati a idrogeno. I partner intendono fare leva sulle rispettive competenze per supportare la decarbonizzazione del trasporto aereo e definire le esigenze concrete e le opportunità che l'idrogeno può apportare al settore aeronautico. Questa partnership riflette l'ambizione comune dei tre gruppi di contribuire allo sviluppo di una filiera francese innovativa e strategica in vista di un'aviazione globale senza emissioni di carbonio. Per prepararsi all'arrivo dei primi aerei di linea a idrogeno entro il 2035, gli aeroporti dovranno essere adattati, in particolare per includere la specificità della fornitura di idrogeno liquido. La partnership annunciata oggi si concentra sulla realizzazione di studi di fattibilità finalizzati allo sviluppo di queste infrastrutture. Come primo step, verrà avviato uno studio che coinvolgerà un panel rappresentativo di circa 30 aeroporti in tutto il mondo per valutare le potenziali configurazioni per la produzione, fornitura e distribuzione di idrogeno liquido. Verranno poi elaborati scenari dettagliati e i piani per i due principali aeroporti parigini: Paris-Charles de Gaulle e Paris-Orly. Questi scenari saranno essenziali nella definizione dell'infrastruttura richiesta, inclusi il dimensionamento e la posizione, e per identificare e integrare i vincoli relativi sia agli standard di sicurezza industriale che alle norme previste per l’aeronautica. La partnership riunisce competenze complementari con l'ambizione di supportare, a partire da oggi, la trasformazione degli aeroporti e aprire la strada a una nuova era di viaggi aerei sostenibili.
  • Combined Ordinary and Extraordinary Shareholders’ Meeting of Danone Thursday 29 April 2021, at 2:30 P.M

    Combined Ordinary and Extraordinary Shareholders’ Meeting of Danone Thursday 29 April 2021, at 2:30 P.M

    NOTICE OF MEETING COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING OF DANONE THURSDAY 29 APRIL 2021, AT 2:30 P.M. DANONE Registered Office: 17, boulevard Haussmann, 75009 Paris – France A French Société Anonyme with a share capital of €171,657,400 552 032 534 RCS Paris CONTENTS CHAIRMAN’S MESSAGE 3 KEY FIGURES 2020 4 SUMMARY OF THE COMPANY’S SITUATION DURING THE LAST FISCAL YEAR 5 FINANCIAL RESULTS OF THE COMPANY DURING THE LAST FIVE FISCAL YEARS AND OTHER SIGNIFICANT INFORMATION 11 AGENDA OF THE SHAREHOLDERS’ MEETING 12 HOW TO PARTICIPATE IN THE SHAREHOLDERS’ MEETING? 13 HOW TO COMPLETE YOUR VOTING FORM? 16 YOUR BOARD OF DIRECTORS IN 2020 18 APPOINTMENT AND RENEWALS OF TERMS OF OFFICE PROPOSED TO THE SHAREHOLDERS’ MEETING 19 REPORT FROM THE BOARD OF DIRECTORS AND RESOLUTIONS SUBMITTED TO THE SHAREHOLDERS’ MEETING 24 SPECIAL REPORTS OF THE STATUTORY AUDITORS 46 TRANSFER OF SECURITIES INTO A DIRECT REGISTERED ACCOUNT 54 REQUEST FOR ADDITIONAL INFORMATION 55 WARNING – COVID-19 IN THE CONTEXT OF THE COVID-19 HEALTH CRISIS, THE SHAREHOLDERS’ MEETING OF 29 APRIL 2021 WILL BE HELD BEHIND CLOSED DOORS, WITHOUT THE SHAREHOLDERS AND OTHER PERSONS ENTITLED TO ATTEND BEING PHYSICALLY PRESENT. SHAREHOLDERS ARE INVITED TO CAST THEIR VOTE REMOTELY, PRIOR TO THE SHAREHOLDERS’ MEETING. YOU WILL FIND MORE INFORMATION IN THIS DOCUMENT. CHAIRMAN’S MESSAGE Ladies and Gentlemen, dear Shareholders, I am pleased to inform you that Danone’s Shareholders Meeting will be held on Thursday, 29 April 2021 at 2:30 pm. I regret not being able to welcome you to this Shareholders’ Meeting that I will have the honor to chair for the first time.
  • PDF Viewing Archiving 300

    PDF Viewing Archiving 300

    I.C.FARBEN" INDUSTRIE AKTIEN" GESELLSCHAFT FRANKFURT (MAIN) 1 9 3 8 I. G. Farbenindustrie Aktiengesellschaft Frankfurt am Main Bericht des Vorstands und des Aufsichtsrats und Jahresabschluß für das Geschäftsjahr 1938. VORSTAN Geheimer Kommerzienrat Dr. HERMANN SCHMITZ, Ludwigshafen a. Rh./Heidelberg, Vorsitzer, Dr. FRITZ GAJEWSKI, Leipzig, Professor Dr. HEINRICH HäRLEIN, Wuppertal-Elberfeld, Dr. AUGUST v. KNIERIEM, Mannheim, Zentralausschuß Dr. CARL KRAUCH, Heidelberg-Schlierbach, Dr. FRITZ TER MEER, Kronberg (Taunus), Dr. CHRISTIAN SCHNEIDER, Leuna, Dr. GEORG von SCHNITZLER, Frankfurt (Main), Dr. OTTO AMBROS, Ludwigshafen a. Rh., Dr. MAX BRÜGGEMANN, Leverkusen-Wiesdorf, Dr. ERNST BÜRGIN, Bitterfeld, Dr. HEINRICH BÜTEFISCH, Leuna, Ministerialrat a. D. Dr. BERNHARD BUHL, Frankfurt (Main), PAUL HAEFLIGER, Frankfurt (Main), Dr. MAX JLGNER, Berlin-Steglitz, Dr. CONSTANTIN JACOBI, Frankfurt (Main), Dipl. Ing. FRIEDRICH JÄHNE, Frankfurt (Main), Dr. HANS KÜHNE, Leverkusen-Wiesdorf, Professor Dr. CARL LUDWIG LAUTENSCHLÄGER, Frankfurt (Main), Generalkonsul WILHELM RUDOLF MANN, Leverkusen-Wiesdorf. Dr. HEINRICH OSTER, Berlin-Charlottenburg, Kommerzialrat WILHELM OTTO, Berlin-Zehlendorf-West, Dr. OTTO SCHARF, Halle (Saale), Kommerzienrat HERMANN WAIBEL, Wiesbaden, Dr. HANS WALTHER, Frankfurt (Main), EDUARD WEBER-ANDREAE, Frankfurt (Main), Dr. CARL WURSTER, Ludwigshafen a. Rh. Im Geschäftsjahr oder nachher ausgeschieden: Kommerzienrat Dr. LUDWIG HERMANN, Frankfurt (Main) t 31. 5. 1938. AUFSICHTSRAT. Geheimer Kommerzienrat Professor Dr. CARL BOSCH, Heidelberg, Vorsitzer, Dr. WALTHER vom RATH, Kronberg (Taunus), stellvertretender Vorsitzer, Dr. WILHELM FERDINAND KALLE, Tutzing (Oberbayern), stellvertretender Vorsitzer, Dr. AXEL AUBERT, Oslo, Dr. RICHARD BAYER, Haus Falkenberg, Trills über Wuppertal-Vohwinkel, W ALDEMAR von BÖTTINGER, Landwirt, Schloß Arensdorf i. d. Neumark, Dr. WALTER von BRÜNING, Polizeipräsident a. D., Semper a. Rügen, Kommerzienrat LOTHAR BRUNCK, Kirchheimbolanden (Pfalz), Dr. CARL LUDWIG DUISBERG, Berlin-Zehlendorf-MiUe, Kommerzienrat Dr.
  • Virtual Power Plants in Competitive Wholesale Electricity Markets

    Virtual Power Plants in Competitive Wholesale Electricity Markets

    Virtual Power Plants in Competitive Wholesale Electricity Markets Experience with RWE Virtual Power Plant in Germany How new business models can enable Virtual Power Plants through new energy market opportunities in US Prashanth Duvoor Siemens Smart Grid Division © Siemens AG 2012. All rights reserved. Page 1 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Key Challenges Drive Implementation of Demand Response Programs & Virtual Power Plants Challenges Generation & network bottlenecks New market opportunities for Increasing peak load Trends distributed energy resources prices and demand response Increasing distributed & renewable generation Rising consumption © Siemens AG 2012. All rights reserved. Page 2 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Short Overview of German Electricity Markets – before we look at the RWE VPP Example European § Standard products traded at the EEX are hourly day-ahead Energy contracts as well as bundled base and peak contracts. Exchange § Operates an intra-day market based on the same hourly EEX contracts traded in the day-ahead market. § TSOs is responsible to maintain the transmission system stability and reliability in supply (Primary, Secondary and tertiary reserve) § Primary reserve satisfy a TSOs’ demand for up/down Transmission System regulation Activation time: 30 sec, and Availability time: up Operator to 15 mins (TSO) § Secondary reserve - satisfy a TSOs’ demand for up/down regulation Activation time: 5 mins, and Availability time: 15 mins to 1 hr § Tertiary
  • BIODIVERSITY STRATEGY Bending the Curve on Biodiversity Loss KERING BIODIVERSITY STRATEGY

    BIODIVERSITY STRATEGY Bending the Curve on Biodiversity Loss KERING BIODIVERSITY STRATEGY

    BIODIVERSITY STRATEGY Bending the Curve on Biodiversity Loss KERING BIODIVERSITY STRATEGY FOREWORD “How we solve the ongoing environmental crisis is likely the biggest challenge facing our generation. Given the scale of biodiversity loss sweeping the planet, we must take bold action. As businesses, we need to safeguard nature within our own supply chains, as well as champion transformative actions far beyond them to ensure that humanity operates within planetary boundaries. At Kering, our Houses’ products begin their lives in farms, fields, forests and other ecosystems around the world. The careful stewardship of these landscapes is fundamental to our continued success, and also linked to our responsibility on a broader global scale. With Kering’s biodiversity strategy, we are proud to put forth concrete targets to play our part in bending the curve on biodiversity loss, and helping to chart a course for our industry.” François-Henri Pinault Chief Executive Officer, Kering 1 KERING BIODIVERSITY STRATEGY CONTENTS Our Planet In Peril – p.03 Our Commitment – p.04 A Paradigm Shift – p.05 Taking Stock of Progress at Kering – p.06 Taking Action: Aligning To The Science Based Targets Network – p.07 Value Chain Mapping & Materiality Assessments – p.08 Environmental Profit & Loss (EP&L) Accounting – p.09 The Biodiversity Impact Metric – p.09 The Guiding Framework Stage 1: Avoid – p.10 Stage 2: Reduce – p.13 Stage 3: Restore & Regenerate – p.16 Stage 4: Transform – p.20 Monitoring, Reporting & Verification– p.23 Final Thoughts – p.23 References – p.24 Acknowledgements We wish to thank the many external reviewers who provided critical feedback to strengthen this strategy.