JCDecaux Secures Long-Term City Information Panel Contract

JCDecaux Wins Contract for City Information Panels
JCDecaux SE (Euronext Paris: DEC), a global leader in outdoor advertising, has secured a new contract to provide and maintain city information panels (CIPs) in a vibrant city setting. This contract marks an important step for JCDecaux as it aims to enhance urban life and foster community connections through innovative street furniture installations.
Details of the Contract
The recently awarded contract will last for nine years, during which JCDecaux will undertake a comprehensive refurbishment of 300 city information panels, integrating a total of 900 advertising panels and 50 service information hubs. Additionally, there are provisions for up to 36 more panels to be deployed as needed.
Focus on Sustainability
In alignment with modern environmental standards, the installation of these panels will showcase eco-friendly features, such as energy-efficient LED technology, which can lead to up to 50% energy savings. The company is also committed to advancing its sustainable operations by transitioning to a low-emission electric vehicle fleet—an initiative that aims for a 20% reduction in CO2 emissions by 2030.
Innovative Features
These new city information panels will be equipped with intelligent lighting systems that can be controlled remotely, ensuring optimal performance while conserving energy. Additionally, JCDecaux has planned to leverage rainwater for cleaning the street furniture, showing a remarkable effort to minimize the reliance on traditional water sources.
Enhancing Urban Quality of Life
The deployment of these city information panels is not merely about advertising; it’s a holistic approach to enhancing the quality of life in the urban environment. By disseminating vital information and promoting local businesses, JCDecaux intends to support both local stakeholders and national interests.
Executive Insight
Jean-Charles Decaux, the Chairman and Co-CEO of JCDecaux, expressed his excitement about the contract, highlighting the company’s long-standing relationship with municipalities across the region. He stated, "We are delighted and honoured by the trust placed in us by the City. This new endeavor allows us to reaffirm our commitment to the area, drawing upon over 50 years of experience to benefit the city and its residents."
Company Achievements and Future Goals
JCDecaux has an impressive track record with a projected revenue of €3,935.3 million for the upcoming year. This achievement resonates with the company’s stature as the number one out-of-home media company, serving an audience of 850 million daily in over 80 countries.
Commitment to Carbon Reduction
Environmental responsibility is pivotal in JCDecaux's operations, having established a carbon reduction trajectory recognized by the Science-Based Targets Initiative (SBTi). The company has set ambitious goals, joining the Euronext Paris CAC® SBT 1.5° index, reflecting a strong commitment to sustainability in business practices.
Recognition and Global Presence
Global recognition of JCDecaux’s efforts can be seen through various awards, including high ratings in extra-financial performance benchmarks. The company leads in numerous advertising sectors, including self-service bike rentals, street furniture, and transport advertising.
Contact Information
For further inquiries regarding JCDecaux and its initiatives, you can reach out to the Communications Department, Albert Asséraf:
Phone: +33 (0) 1 30 79 79 10
Email: albert.asseraf@jcdecaux.com
Frequently Asked Questions
What is the duration of the contract secured by JCDecaux?
The contract is set for nine years, allowing for ongoing services and updates.
How many city information panels will JCDecaux refurbish?
JCDecaux will refurbish 300 city information panels as part of the contract.
What energy-saving measures are being implemented?
JCDecaux will utilize energy-efficient LED technology and low-emission electric vehicles to reduce carbon emissions.
Who can I contact for media inquiries regarding JCDecaux?
For media inquiries, contact Albert Asséraf at +33 (0) 1 30 79 79 10 or via email.
What is JCDecaux’s commitment to sustainability?
JCDecaux aims for a 20% reduction in CO2 emissions by 2030 and incorporates eco-friendly technologies in their offerings.
About The Author
Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.