Because you can't improve what you can't measure, we have voluntarily set up a system of non-financial reporting. These reports are structured in line with our ambition to meet the economic, social, and environmental challenges of the 21st century. They allow us to focus our dialogue with our stakeholders, helping us to achieve long-term performance and report on our progress.
Our non-financial statements are partially based on the indicators recommended by the Global Reporting Initiative – the most widely recognised and most commonly used reference document in the world.
Our CSR objectives were developed in line with UN sustainability goals and the United Nations Global Compact pact. As signatories to the pact, we’re committed to responsible business practices across the environment, human rights, labour and anti-corruption. This applies wherever we work and whatever we do, across our culture, operating procedures and all our regions.
In 2021, our CoP qualified for the "GC Advanced" level! In 2022, Egis is a beta-tester of the Global Compact's new Communication on Progress (CoP)
In order to add value and streamline Communication on Progress (CoP), the United Nations Global Compact has launched a digital Communication Platform in 2022. This new platform will allow member companies to communicate their progress towards the UN Global Compact's ten principles and demonstrate their contribution to the Sustainable Development Goals.
By 2023, all member companies will be required to adopt this new communication.
Egis supports the FSB’s Task Force on Climate-related Financial Disclosures (TCFD). The TCFD guidance was created to help companies and investors voluntarily disclose climate-related financial risks clearly, consistently, and reliably to help lenders, insurers, and investors make informed decisions.
We have been assessing our climate change risks and opportunities based on the TCFD guidance since 2018. The recommendations are structured around four important organisational areas; governance, strategy, risk management, and metrics and targets.
Our voluntary extra-financial reporting relies in part on indicators recommended by the Global Reporting Initiative (GRI). The GRI is a non-profit organisation that guides companies on how to report and communicate on their sustainable development policy.
Although the GRI’s recommendations are entirely voluntary, the GRI guidelines have become an international benchmark, followed and implemented by 84% of the world’s largest companies. By following a set of criteria, the idea is that shareholders can more easily compare the approach and performance of different companies.
Following the ordinance and decrees of July and August 2017 (French regulation), which transposes the European directive of October 22, 2014 and amends Article 225-102-1, the “Grenelle II” law is replaced by the presentation of a “Non-Financial Performance Statement – NFPS”. In response to this change, we have published an annual NFPS since 2018, which presents the business model, the social and environmental consequences of our activity, our main extra-risks, the policies we implement to prevent them and the results of those policies.