Fundamentals

CSR has become
a major challenge

CSR has become a major challenge for companies or organizations of all types and sizes; this applies internally and for their external stakeholders. It is now essential to build trust, by bringing credibility and transparency to sustainable initiatives, with its employees, customers, suppliers, partners, creditors and investors. In order to succeed, the companies must provide the guarantee of strong commitments, through clear and traceable processes, within the respect of various and heterogeneous regulations in terms of CSR.

Globalization leads to tremendous complexity and a significant source of pressure

It must be acknowledged that globalization has caused a fragmentation of value chains. The operations of design, procurement logistics, manufacturing of a product or service providing, can be distributed and organized over several countries, or even continents, before even speaking of the distribution of the end product or of a service. As a result, this leads to complexity and a source of significant pressure for any manager or decision-maker, in the perspective of commercial collaborations, financing or investment choices.

Building an ethically strong brand is a moral obligation

Building a strong brand, without compromise in terms of ethical, social and environmental risks, within an approach of continuous improvement, is a moral obligation for companies and organizations, of today and tomorrow. It is precisely on this principle that the international repository for the CSR governance and the ESG 1000 certification are based.

Repository

ESG 1000 is based on the evaluation of the CSR management systems of economic entities (companies or organizations of any type), in particular through the analysis of their governance structures and the CSR initiatives undertaken, on the basis of risks mapping, clearly identified and compared to universal sectoral benchmarks.

ESG 1000 is intended to be a simple, clear and transparent approach. The objective aims to a sectoral standardization of CSR evaluation criteria, in order to unify international recommendations and regulations, through an upward leveling of the various practices adopted on a large scale. This approach makes it possible to identify committed actors wishing to participate in collective efforts in terms of sustainable development.

The CSR challenges that the ESG 1000 standard addresses :

01

The 17 objectives to address the challenges of globalization

The 17 objectives to address the challenges of globalization

In September 2015, the Sustainable Development Goals (SDGs), as part of the "Agenda 2030", were unanimously adopted by the 197 member countries of the United Nations. These objectives shape a new development paradigm that aims to be universal, inclusive and sustainable, taking into account, in an integrated and interdependent manner, the social, economic and environmental dimensions. The objective of the ESG 1000 standard is therefore to address them individually and to ensure that companies certified to this Standard present real guarantees of commitment and contribution.

CSR policies: a generator of growth and a source of opportunity and attractiveness

CSR or sustainable development in general, could be perceived as a constraint, generated by the pressure from public opinion or governments. In reality, there is no contradiction between CSR and economic performance, quite the contrary. The CSR approach of a company must therefore be transformed into opportunity and become a growth-generating factor. CSR performance is indeed a key success factor for any organization.

02

CSR policies: a generator of growth and a source of opportunity and attractiveness

03

Competitive development through a so-called, sustainable business model

Competitive development through a so-called, sustainable business model

Succeeding to grow without increasing environmental impacts is a sustainable development challenge. In particular, it is a question of achieving this in a spirit of fairness, through a redistribution of benefits to the four major stakeholders directly concerned: investors, customers, employees and civil society. In the same way, all the companies which associate “sustainability” on their policy and strategy, as a key factor of success, are those which will prosper in the future. Indeed, it has been demonstrated that the so-called “sustainable” business model is not only a question of compliance or regulation, but a real opportunity to create long-term value

Build a resilient organization through management of the risks and of the operational impacts

Raising awareness and understanding of your own risk mapping (in terms of: human rights, environmental, climate, business conduct, information system security, etc.) and its scope, taking into account the "Sector/Country" couple (multi-territoriality)”, makes it possible to build a resilient structure by developing its own monitoring and warning systems, and by anticipating faults and malfunctions to come.

04

Build a resilient organization through management of the risks and of the operational impacts

05

Economic viability and CSR performance, two interrelated principles

Economic viability and CSR performance, two interrelated principles

It is equally important that a company be both: part of a sustainable and committed approach, while being economically viable and sustainable. Economic viability is measured through satisfactory financial results and tangible impacts. This is why the quality of a company's financial management and the relationship established between economic performance and CSR performance is a requirement of Standard ESG 1000; with regard to current challenges: economic, environmental and social.

Standardization of ESG criteria

In view of the regulatory avalanche that is recently looming, particularly in terms of climate and sustainable development, most economic and financial players are advocating greater standardization of the approaches adopted. Standardization is not opposed to innovation, quite the opposite, it makes it possible to centralize and facilitate access to data, allowing companies to focus fully on their activity and the products or services offered; particularly in view of increasingly demanding consumers, themselves concerned by environmental, societal and ethical challenges.

06

Standardization of ESG criteria

07

Involvement of all stakeholders of the value chain

Involvement of all stakeholders of the value chain

Supporting dialogue and mutual commitments, with all stakeholders, must be at the heart of a company's CSR strategy, in order to maximize the achievement of established objectives. This makes it possible to find solutions to the identified CSR challenges in conjunction with the direct ecosystem, in order to offer products and/or services that are truly adapted to the needs of the market; while controlling their environmental, societal and ethical impact.

Why get certified ESG 1000 ?

Achieving ESG 1000 certification is becoming a strategic step and an essential component in the life of a company, for the following reasons:

  • Structure and improve a CSR approach;
  • Validate a status of CSR compliance through an external audit, in order to respond to the collaboration policies of your customers, suppliers, partners, investors, creditors ;
  • Meet the obligations defined by regulators and comply with regulatory and market constraints ;
  • Integrate within a dynamic of sustainable growth, a company concerned about its environment ;
  • Become a committed company and engage in a virtuous circle of continuous improvement ;
  • Gain in attractiveness and competitiveness, through a strong competitive advantage.

Advantages for a company to be certified

  • Promote the compliance of extra-financial governance
  • Make a positive impact of general interest
  • Consolidate attractiveness and maintain its brand image
  • Identify and control over time and in a preventive manner, the CSR risks inherent in the activity
  • Make informed decisions
  • Strengthen ties with stakeholders of its ecosystem
  • Strengthen its ability to attract and increase loyalty of its employees, customers, suppliers, shareholders, creditors, donors and investors
  • Increase the chances of success for equity, fundraising or IPO operations; trough a strong argument for the contractors
  • Benefit from a competitive advantage

Scientific committee

Born from a general interest initiative and initially supported by civil society, the ESG 1000 standard is validated by a scientific committee of experts.

The ESG 1000 committee is made up of skills and international experts in: social, societal and environmental policies.