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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.
Risk factors... that may be transformed into performance factors
We believe that the more a management system recognises the legitimacy of internationally recognised CSR standards and the more it takes the actions required to continually fulfil them:
- The better it will fulfil its commitment to protect the rights and interests of its stakeholders
- The more effectively it will reduce its own strategic and operational risks by transforming them into performance and opportunities
The management of social, environmental and governance risks in a number of categories has an impact on:
- Management of production costs (work accidents, qualifications, energy efficiency)
- Ensuring products and services remain competitive (training, waste reduction)
- Effective organisation and processes (audits and control mechanisms, environmental strategy)
- Encouraging innovation and preventing production techniques from becoming outdated; improving productivity; ensuring safety and continuity of supplies; attractiveness of capital
- Quality of labour relations and management of conflict in the workplace
- Ensuring skills remain up to date and sought after
- Corporate cultures and values
- Brand image
- Perception and internal and external credibility of managers
- Attracting new talents
- Prevention of allegations and hostile campaigns
- Obtaining and protecting licences and operating permits
- Security of market operations:
- Continuity of transactions (supplies, production, deliveries)
- Security of client relationship
- Security of supplier relationship
- Market acceptability of products and services
- Prevention of corruption
Prevention of judicial proceedings and convictions
- Preventing in-house information from being withheld
- Prevention of information due to stakeholders being withheld or altered
- Ongoing process of improvement of information systems and optimisation of performance indicators
- Guarantee of reliable and complete reporting procedures.
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Our Postulates 
