2Année
Can you explain your investment idea? Why trickle down effect? I am interested 👍
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2Année
@avocadoseed If you extend the demand from the defense industry to the entire supply chain, the companies involved also benefit. So you can speak of a trickle down, as it may take a little longer for these companies to get price increases, but they also benefit from it. Of course, not to the same extent Whether this is morally better remains to be seen, but Jenoptik has an overall ESG rating of B (Refinitiv Reuters)
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11
•2Année
Cool! Good thought, a quick Google search revealed that they only make about 30% of their revenue from the defense industry, but I'm sure you have that on your radar. In any case, a rock-solid company. In ESG terms, I find the defense industry less reprehensible than the oil industry, for example. Especially in times like these, we realize that our values (democracy, equality, etc.) are only as strong as we can defend them.
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