Core Viewpoint - JCDecaux has been recognized for the third consecutive year in CDP's A List, affirming its leadership in environmental transparency and performance in combating climate change [1][2][9] Group Performance and Recognition - Among 20,000 companies assessed by CDP, JCDecaux ranks in the top 4% included in the A List, marking the fifth time the company has achieved this recognition since 2019 [2] - The assessment by CDP is based on a rigorous methodology that evaluates the quality and completeness of disclosed data, governance, and the management of climate-related risks and opportunities [3] Carbon Reduction Commitments - JCDecaux aims to achieve Net Zero Carbon by 2050, with a key milestone of reducing Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030 compared to 2019 [4][8] - In 2024, JCDecaux reported a 65% reduction in Scope 1 and 2 emissions and a 21% reduction in Scope 3 emissions compared to 2019 [8] Engagement and Collaboration - The company is actively engaging with stakeholders to co-develop responsible media solutions and lower-carbon street furniture, supporting sustainable urban environments [5] - JCDecaux's business model aligns with the European Union Taxonomy, with nearly 50% of its revenue reflecting sustainable practices [6] Key Figures - JCDecaux reported a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025, maintaining its position as the number one outdoor advertising company worldwide [13] - The company operates 1,091,811 advertising panels globally and has a daily audience of 850 million people across more than 80 countries [13]

Market Overview - The global pet industry is expected to grow steadily, with the pet care market projected to reach $201.2 billion by 2026, driven by innovation, sustainability, and evolving consumer demands [1] - Companies are expanding production capacities and investing in new facilities across multiple countries, including the UK, Germany, the US, and India [2] - Credit ratings in the pet sector are showing divergence, with companies like Elanco and Zoetis receiving upgrades, indicating confidence in pet health innovations despite economic uncertainties affecting vet visits and adoption rates [2] Product Innovation and Trends - Pet food is a key area of innovation, with fresh, frozen, and raw diets gaining popularity; 70% of surveyed consumers prefer fresh pet food [3] - Functional and personalized products are on the rise, with increased use of single and insect proteins, and a shift towards healthier pet snacks featuring functional ingredients [3] - Demand for high-end outdoor accessories and smart products is increasing, with a focus on sustainable packaging solutions [3] Channel and Business Model Changes - Subscription services and membership models are emerging as new growth areas in retail, with companies like Pets at Home and Chewy seeing significant revenue increases from these services [4] - The small pet market is expanding, with products for hamsters and birds expected to grow at a CAGR of 5% from 2025 to 2033 [4] - The professional services sector is becoming more standardized, with regulations being introduced for grooming and pet insurance covering alternative therapies [4] Regional Market Characteristics - Germany is a major market in Europe, with pet spending expected to exceed €7 billion in 2024, particularly in cat food, which is growing at 3.5% [5] - Emerging markets like Turkey show significant potential, with the pet food market projected to grow from $12.7 million in 2022 to $30 million by 2027 [5] - The UK faces challenges with declining pedigree dog breeding but is enhancing subscription service regulations; North America leads in fresh pet food and smart product innovations [5] Challenges and Opportunities - The industry is facing raw material supply pressures, particularly with Category 3 animal fats, leading to increased costs that challenge profitability [6] - Despite rising price sensitivity among consumers, there is a strong demand for natural, healthy, and sustainable products [6] - Future growth opportunities lie in AI-driven personalized nutrition, pet mental health products, and urban pet-friendly spaces, emphasizing the need for innovation and compliance [6]

Core Viewpoint - First Quantum Minerals Ltd. announced preliminary production results for Q4 and the full year 2025, along with guidance for production, capital expenditures, and costs for 2026 to 2028, highlighting strong operational performance and updates on key projects like Cobre Panamá and Taca Taca [1][2]. Production Highlights - Annual copper production for 2025 was 396 thousand tonnes, within the revised guidance range of 390 to 410 thousand tonnes, but 35 thousand tonnes lower than 2024 [5][7]. - Gold production for 2025 reached 152 thousand ounces, exceeding the top end of the revised guidance range of 140 to 150 thousand ounces, and was 13 thousand ounces higher than 2024 [11]. - Nickel production for 2025 was 23.2 thousand tonnes, surpassing the revised guidance range of 18 to 23 thousand tonnes [12]. Project Updates - The Kansanshi S3 Expansion achieved commercial production at the end of 2025, contributing approximately 25 thousand tonnes of copper production for the year [2]. - At Cobre Panamá, the Government of Panama approved the removal and processing of stockpiled ore, which is expected to create 700 direct jobs and generate royalties for the country [2][34]. - An updated Technical Report for the Taca Taca project is expected in Q1 2026, with environmental and water permit applications anticipated to be approved in the first half of 2026 [6][38]. Future Guidance - Copper production guidance for 2026 and 2027 has been slightly lowered due to maintenance and ore hardness issues, with 2026 guidance set at 375 to 435 thousand tonnes [19][22]. - Gold production guidance for 2026 and 2027 has also been reduced due to lower grades at Kansanshi [21]. - Total capital expenditure guidance for 2026 is now projected to be between $1 billion and $1.15 billion, reflecting some expenditures moving from 2025 to 2026 [28]. Cost Projections - Total copper C1 cash cost guidance for 2026 is set at $1.95 to $2.20 per pound, with AISC guidance at $3.25 to $3.55 per pound [25]. - The increase in cost guidance is attributed to lower production forecasts and changes in methodology regarding by-product credits [25][26]. Environmental and Sustainability Initiatives - The company is investing approximately $600 million in sustainability-related projects over the next three years, aimed at improving cost structure and productivity [29]. - Ongoing initiatives include optimizing water quality management and enhancing tailings storage facilities to ensure responsible waste management [36].

Core Insights - The global yoga apparel market is rapidly growing, projected to reach $55.65 billion by 2032, with e-commerce as the primary sales channel, expected to account for 55% of sales by 2025 [1] - The Chinese market is also developing quickly, with online channels representing 48.2% of the market [1] - North America holds the largest market share, while the Asia-Pacific region exhibits the fastest growth [1] Market Trends - Key characteristics of the industry include full-scenario adaptation, a balance between functionality and comfort, sustainability, inclusivity in sizing, and personalization [1] - Female yoga apparel dominates the market, with yoga pants being particularly favored [1] - International high-end brands lead the market, while local and emerging brands are gaining traction through differentiated positioning [1] Online Consumption Market - By 2025, China's overall consumption market is expected to remain stable, with significant growth across various sectors on major e-commerce platforms [1] - The top ten consumer keywords reflect trends towards healthy living and AI integration, with strong performances in beauty and skincare, cosmetics, home appliances, and snacks [1] - The competitive landscape among leading brands in various sectors is becoming clearer, indicating an upgrade and diversification in consumer demand [1]

Core Viewpoint - Bonduelle Group has achieved B Corp certification, highlighting its commitment to sustainability and a plant-rich diet, which aligns with its mission to positively impact both society and the environment [2][3][17]. Group 1: B Corp Certification - The B Corp certification is part of Bonduelle's "Transform to Win" plan, emphasizing sustainability as a core aspect of its business model [5]. - B Corp certification evaluates companies based on five pillars: governance, employees, communities, customers, and the environment, promoting continuous improvement [7][15]. - Bonduelle's CEO, Xavier Unkovic, stated that B Corp certification enhances transparency and strengthens commitments to stakeholders, fostering a more responsible business model [8][10]. Group 2: Company Performance and Goals - Bonduelle generated revenue of €2.2 billion for the 2024-2025 financial year, reflecting its strong market position [17]. - The company has trained 11,000 chefs in plant-rich cuisine over the past three years, indicating its commitment to promoting healthier eating habits [18]. - 98% of Bonduelle's products have a Nutri-Score of A or B, showcasing the nutritional quality of its offerings [18]. Group 3: Environmental and Social Impact - 59% of Bonduelle's partner farmers practice regenerative agriculture, with a goal to increase this to 80% by 2030, demonstrating a commitment to sustainable farming practices [18]. - 73% of irrigable farmland is equipped with systems to limit irrigation, with plans to increase this to 90% by 2030, reflecting efforts to conserve water resources [18]. - 100% of Bonduelle's sites are involved in local initiatives that have a positive impact, reinforcing its community engagement [18].

Core Viewpoint - Klépierre, a leading European shopping mall operator, has reported its total number of shares and voting rights as of December 31, 2025, highlighting its significant market presence and commitment to sustainable development [2][4]. Group 1: Company Overview - Klépierre is the European leader in shopping malls, focusing exclusively on continental Europe [4]. - The company's portfolio is valued at €20.6 billion as of June 30, 2025, comprising large shopping centers across more than 10 countries in continental Europe [4]. - Klépierre attracts over 700 million visitors annually to its shopping centers [4]. - The company is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes [4]. - Klépierre is recognized in various ethical indexes, including CAC SBT 1.5, MSCI Europe ESG Leaders, and FTSE4Good, reflecting its commitment to sustainable development and climate change initiatives [4]. Group 2: Voting Rights and Shares - As of December 31, 2025, Klépierre has a total of 286,861,172 shares [2]. - The theoretical voting rights correspond to the total number of voting rights attached to all shares, which is also 286,861,172 [6]. - The number of exercisable voting rights is 286,360,353, accounting for shares deprived of voting rights [6].

Core Insights - The UAE's aviation industry is set to strengthen its position as a key pillar of the national economy through policy innovation, green transformation, and international influence by 2025 [1] Economic Contribution - The aviation sector contributes up to 18% to the UAE's GDP, playing a crucial role in trade, tourism, logistics, and supply chain systems [1] Policy and Infrastructure Developments - The Civil Aviation Authority launched a national unified drone management platform and approved the first hybrid vertical airport project, promoting diversified air traffic development [1] Sustainability Initiatives - The UAE submitted the latest aviation emissions reduction action plan to the International Civil Aviation Organization (ICAO), covering operations, technology, and sustainable aviation fuel projects [1] International Standing - The UAE was elected as an ICAO council member for the seventh consecutive time, highlighting its international influence in aviation [1] Passenger Traffic - In the first nine months of 2025, major airports in the UAE recorded a passenger throughput of approximately 109 million, indicating sustained strong demand for air travel [1]

Core Viewpoint - Technip Energies has completed the acquisition of Advanced Materials & Catalysts (AM&C) from Ecovyst Inc., enhancing its capabilities in advanced catalysts and materials, which aligns with its disciplined growth strategy in the Technology, Products, and Services (TPS) segment [1][2]. Group 1: Acquisition Details - The acquisition strengthens Technip Energies' portfolio by expanding its advanced catalyst capabilities, contributing to recurring revenues in established markets and accelerating development in key energy transition sectors such as sustainable fuels, circular chemistry, and carbon capture [2]. - AM&C will continue to operate under its current management team, supported by dedicated R&D, production, and commercial teams across three sites in the U.S. and Europe, with 330 employees joining Technip Energies [3]. - The AM&C portfolio includes Advanced Silicas, a major supplier of silica-based materials and catalysts, and Zeolyst International, a joint venture with Shell Catalysts & Technologies focused on zeolite-based materials and catalysts for hydrocracking, sustainable fuels, and advanced recycling [3]. Group 2: Financial Impact and Strategic Importance - With over 40 years of expertise, AM&C is expected to contribute immediately to Technip Energies' results and cash flow, enhancing the Group's financial profile and opening new value creation opportunities [4]. - The CEO of Technip Energies emphasized that this acquisition marks a significant step in the company's evolution, combining advanced catalyst platforms with process technologies and engineering expertise to offer integrated solutions that improve asset efficiency and emissions performance [5]. - The integration of AM&C is anticipated to accelerate innovation and create additional value for clients, contributing to a more sustainable future [5]. Group 3: Company Overview - Technip Energies is a leading technology and engineering company, specializing in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to strategic market developments in energy, energy derivatives, decarbonization, and circularity [6]. - The company employs over 17,000 people across 34 countries, committed to combining prosperity and sustainability for a lasting world [7]. - Technip Energies generated revenue of €6.9 billion in 2024 and is listed on Euronext Paris [8].

Core Points - Cerro de Pasco Resources Inc. has formalized a surface use agreement with the Community of Quiulacocha, enhancing its social license to operate and supporting the Quiulacocha Tailings Project [1][3] - The agreement, approved by the Community Assembly, outlines a framework for coordinated use of surface areas for various technical activities related to the project [2] - The agreement has a two-year renewable term and emphasizes community engagement, local participation, and social responsibility [3] Project Development - The Quiulacocha Tailings Reprocessing Project is recognized nationally in Peru for its potential to provide environmental remediation, economic development, and social benefits [4] - The project has been included in the Ministry of Economy and Finance's Specialized Priority Projects List since March 2023, highlighting its significance [4] - The company aims to reprocess and remediate historic mining waste from its El Metalurgista mining concession, which contains silver-rich tailings accumulated over more than a century [6] Collaborative Framework - The agreement reflects a collaborative relationship between the company and the community, aligning their objectives for the responsible development of the Quiulacocha Tailings Project [3][5] - The framework supports best practices for social engagement and is aligned with environmental management and permitting processes for tailings reprocessing projects in Peru [5] - The company is committed to advancing the project as a model for responsible tailings reprocessing and sustainable value creation in the region [7]

Core Viewpoint - Agape ATP Corporation (ATPC) addresses recent stock price volatility, confirming stable business operations and no known adverse conditions affecting performance [1][2]. Company Operations - The company continues to operate normally and is not aware of any undisclosed corporate developments that could explain stock price fluctuations [1]. - ATPC is committed to transparency and will communicate material developments through timely disclosures and regulatory filings [2]. Business Focus - ATPC is focused on diversifying its business in health and wellness products and sustainable green energy to enhance sustainable equity performance for investors [2]. - The company specializes in health and wellness products and energy-saving solutions, aiming to improve quality of life and promote sustainable development [3].