Today, there is no longer any real question of
CSR reporting, but of
DPEF (Extra-Financial Performance Declaration). It is in this document that companies now transcribe all the actions covering a certain number of aspects of their activities. These are mainly those that concern environmental, societal, environmental and governance issues. \n\nAs you will have understood, this declaration already takes into account the pillars of
CSR, in particular the environmental, social and economic responsibility of the company. Here are the actions you need to take to improve your results. \n
Why do companies need to report on the Extra-Financial Performance Declaration in 2023?
\nThe Non-financial Performance Declaration allows us to know the value that a company brings to sustainable development and the well-being of society. It should be noted that
the DPEF is compulsory for certain companies when we consider articles L. 225-102-1, and R. 225-104 to R. 225-105-2 of 2017. Beyond this obligation in the eyes of the law, remember that this has many advantages for these firms. \n\nFirst of all, you should know that this declaration must be published on the company's website. This way, it would be visible to everyone. This promotes the company’s brand image. By publishing it, you improve your brand image among customers. \n\nThey will see that you respect the regulations in force and that you do not exist solely for profit. But, that you also take actions for the good of your employees, the environment and make a point of transparency in business. \n\nBy doing so, you will be able to gain market share. Financial institutions will not hesitate to finance you when you approach them for loans. Investors will therefore not hesitate to invest in your company. You simply inspire confidence in them. \n
The real actions to take to be proud of your performance
\nIf you are one of the companies required to make such a declaration, know that there are actions you can take to always present good results. On an environmental level, your actions must aim to preserve natural resources and reduce your carbon footprint. \n\nTo this end, you must ensure that you consume less water and carbon energy. You must consider reducing your gas emissions and use fewer toxic products. Turn to suppliers who follow the same approach as you. \n\nChoose local suppliers and producers. You need to make recycling a point of honor. To successfully transition to a circular economy, start by using secondary raw materials. \n
What societal and social actions are being taken?
\nTo improve your performance, you must provide your employees with good working conditions. Quality of life at work must be ardently sought after. You must therefore make workplace safety a priority. \n\nIndeed, this
annual declaration of extra-financial performance that you do must highlight the description of the risks linked to your activity. It must also address the policies you put in place to inhibit the occurrence of these risks as much as possible. To this end, you can set up teleworking. \n\nFurthermore, it is advisable here to put men and women on the same footing in your company. A company that also gives opportunities to people with disabilities will be well regarded by consumers, customers and its partners. As you will have understood, diversity in business and equal opportunities must be sought. \n
How to ensure good governance in your company?
\nRegarding actions related to good governance, you must not weaken in the fight against corruption. Your financial organization must be as transparent and equitable as possible. It is also recommended to limit tax optimization. \n\nAll these actions presented will help you differentiate yourself from your competitors, win new markets and satisfy both your customers and investors. By doing so, you will be more productive and this will be noticed in your turnover. Indeed, your employees will be more than motivated and will want to support you on this path by giving the best of themselves. \n
But, what should we do before implementing all these actions?
\nYou cannot do all of these actions at once. You must go there gradually, in order of priority. In fact, you must start with the action that will have the most impact and interest for your firm. In order not to make a mistake, do an audit first. Then, take stock of the current situation. This will help you identify the area you need to start with. \n\nRead also:
What is Greenwashing? Explanations and definitions\n
