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From commitment to performance |
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We are convinced that social responsibility is an essential commitment for all companies, whether they are large or small and regardless of their activity and where they are based.
Insofar as it serves objectives whose legitimacy is recognised and operates in a rational manner, social responsibility:
- Mitigates the risks faced by organisations
- Strengthens performance
- And enables positive differentiation
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CSR objectives are risk factors... |
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CSR objectives, as defined by international institutions, apply on a global scale.
Reference may be made to them:
- Anywhere in the world
- By stakeholders who are legitimately entitled to refer to them in courts of law or in matters of public opinion
- Within or outside of countries where the company is based
These objectives are consequently internationally recognised, even in countries that have not ratified international conventions and agreements. |
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CSR risks are the responsibility of the management |
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Risks associated with social responsibility are non-transferable and non-insurable.
If well managed, they may, however, become an opportunity for improved performance. |
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Declarations of intention are not enough |
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Without doubting the relevance and sincerity of ethical charters or codes of conduct, these do not always provide accurate information about what their commitments actually entail.
They are certainly useful to the company (or organisation) in defining its specific values.
But, unlike the managerial approach to social responsibility, they do not guarantee that the company will in fact manage its social, societal, environmental and governance impacts.
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