CSR News 05/04/2024

Charles Lorin
April 5, 2024

1. Call for Simplification of ESG Standards

‍CarolSirou, Director at EthiFinance, criticizes the complexity of European ESG regulations and calls for simplification to enhance the effectiveness of CSR approaches without overburdening companies.

Source: Les Echos - "Critères ESG : un choc de simplification nécessaire" (in French)

2. CSR knowledge gaps among employees

‍AnIfop survey reveals that 38% of private-sector employees have never heard of CSR, highlighting a crucial need for education and communication on CSR initiatives within companies.

Source: Carenews - "When it comes to CSR, employees are still under-informed".

3. Impact40: The CAC40 of CSR companies

‍LeMouvement Impact France launches the Impact40 index, which evaluates companies on the basis of their social and environmental responsibility rather than their financial performance, thus promoting a sustainability-oriented business model.

Source: Novethic - "Impact40, le CAC40 des entreprises de la transition écologique et sociale dévoilé" (in French)

4. Eco-score for Clothing with "Ecobalyse

‍TheFrench government announces the implementation of Ecobalyse, an environmental score for clothing that will take into account the environmental cost throughout its life cycle, with mandatory display by 2025.

Source: Le Monde - "Calculating the environmental impact of clothing, the government's new emergency".

5. French Biodiversity Investment Fund

‍TenFrench institutional investors have joined forces to launch a fund dedicated to biodiversity, aiming to finance companies and projects that contribute to the conservation and restoration of biodiversity.

Source: RSE Magazine - "French institutional investors commit to biodiversity".

6. ChangeNow 2024: Sustainable Innovation Summit

‍TheChangeNow trade fair in Paris brings together thousands of players in the ecological and social transition, offering a platform for sharing sustainable solutions and discussing global ecological and social challenges.

Source: ActuEnvironnement - "ChangeNOW 2024: enter a sustainable and more humane world".

7. Start-up of the Year for Biomimetic Light Technology

‍Libu, recognized for its innovation in biomimetic lighting, wins the Tech For Future award, highlighting a technology that improves employee health by replicating natural light.

Source: La Tribune - "Tech for Future: La Tribune reveals the 10 startups of the year 2024"

8. Corporate Commitment to Reducing Water Consumption

‍55French companies have pledged to reduce their water consumption by 10% by 2030, in a plan backed by the government but without direct public aid, highlighting their role in preserving water resources.

Source: Carenews - "55 industrial sites commit to reducing their water consumption by 2030".

9. Government Initiative to Green the Civil Service

‍TheFrench government unveils a plan to reduce the ecological footprint of the civil service, including measures such as limiting travel and promoting vegetarian eating among civil servants.

Source: Reporterre - "Vegetarian menu, train... The State wants to green the civil service"

10. Debate on the ban on PFAS in France

‍Abill to ban PFASs, also known as eternal pollutants, is sparking a lively debate, revealing the tension between economic and environmental imperatives within government and industry.

Source: L'info Durable - "Polluants éternels : les PFAS dans le viseur des députés" (Eternal pollutants: PFAS in the crosshairs of MPs)