The Most Trusted & Liked Companies in France — 2026

Caliber's annual CAC 40 reputation ranking

Trust is one of the strongest predictors of stakeholder behavior. It drives support in good times and protects reputation when companies come under pressure.

This ranking shows which of France’s largest listed companies lead on trust and likability in 2026. But this year, it goes further.

This year’s ranking covers:
 
  • Most Trusted & Liked — Overall scores across all stakeholder groups, not just consumers
  • Most Volatile — Companies with the widest perception swings in 2025, signaling reputational instability
  • Most Stable — Companies with the most consistent scores, indicating durable stakeholder confidence
  • Biggest Turnarounds — Companies that recovered most from their lowest score in 2025 to Q4
  • And for the first time: trust, media, and markets — together
 

Download the full 2026 benchmark See the rankings, the volatility data, and what the relationship between trust, media, and share price reveals about reputation in 2026.

France's Most Trusted & Liked Companies — CAC 40 Ranking, 2026

Rank Company Familiarity TLS 2024 TLS 2025 +/-
1Michelin63%7375▲ +2
2Legrand34%7274▲ +2
3Airbus47%7173▲ +2
4Safran21%6870▲ +2
5L'Oréal65%6970▲ +1
6Hermès39%6870▲ +2
7Air Liquide22%6570▲ +5
8Dassault Systèmes19%6369▲ +6
9Accor33%6769▲ +2
10Saint-Gobain25%6569▲ +4
11Schneider Electric24%6869▲ +1
12Edenred20%7168▼ -3
13Danone63%6968▼ -1
14Thales Group25%6568▲ +3
15Bureau Veritas17%n/a67n/a
16Carrefour80%6766▼ -1
17Renault Group44%6465▲ +1
18Pernod Ricard31%6365▲ +2
19Credit Agricole62%6364▲ +1
20Veolia46%6063▲ +3
21Orange74%6462▼ -2
22LVMH32%6261▼ -1
23AXA49%5961▲ +2
24TotalEnergies63%5660▲ +4
25ENGIE65%5960▲ +1
26Vinci49%5759▲ +2
27Sanofi33%5759▲ +2
28Bouygues49%5859▲ +1
29BNP Paribas46%5558▲ +3
30Societe Generale49%5656— 0
31ArcelorMittal20%5355▲ +2
32Stellantis26%6054▼ -6

Companies with a Familiarity Score Below 15%

Scores are based on evaluations from demographically representative respondents with high familiarity — scoring 4+ on a 7-point scale after showing general awareness of the company. Companies where under 15% of respondents met that threshold are excluded from the main ranking and listed separately instead, since the ranking is meant to reflect general public opinion rather than specialist or insider views. These tend to be companies with lower public visibility — often B2B or niche players — that are nonetheless well known to the customers, employees, and industry insiders who do engage with them, which can push their scores higher than their public familiarity would suggest.

Rank Company Familiarity TLS 2024 TLS 2025 +/-
1EssilorLuxottica11%6768▲ +1
2STMicroelectronics6%6868— 0
3Kering9%6367▲ +4
4Eurofins Scientific12%6966▼ -3
5Euronext7%n/a64n/a
6Unibail-Rod.-Westfield5%6264▲ +2
7Capgemini12%6061▲ +1
8Publicis12%5661▲ +5

How to Read the Trust & Like Score

80–100 Very high 70–79 High 60–69 Average 40–59 Low 0–39 Very low

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What is the Trust & Like Score (TLS)?

The Trust & Like Score (TLS) is Caliber’s core measure of stakeholder confidence. It combines two questions:

  • Trust: “Is this a company I trust?”

  • Likeability: “Is this a company I like?”

Together, these measures indicate which companies stakeholders are most likely to support and recommend—and which are better positioned to withstand scrutiny.

The TLS ranking is updated annually and is based on continuous measurement throughout the year, making it a stable benchmark rather than a one-off survey snapshot.

How trust and likeability moved across the CAC 40 index this year

This chart shows the monthly average Trust & Like Score for the CAC40 index from Jan–Dec 2025. Use it as a benchmark to see when the overall stakeholder confidence strengthened or weakened and which companies outperformed the index over time.

Want to understand why your score looks the way it does?

The ranking is the starting point. With Caliber, you can pinpoint what is driving trust and sentiment by:

  • stakeholder segment (customers, employees, investors, public)

  • topic drivers (leadership, ESG, products, governance, innovation)

  • time period (before/after key events)

  • competitive benchmarking across France and other markets

Fill out the form below to talk to our stakeholder intelligence experts