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STUDY 2024
Impact strategies : WHERE DOES FT120 STAND?

After the 2023 study "Impact Strategies: Where does FT120 stand?

WEMEAN unveils a new 2024 edition rich in lessons learned.

This updated analysis offers an in-depth look at how French Tech 120 startups are tackling social, environmental and regulatory issues, in a tense economic context.

In this study :

  • Key figures for FT120 2024 ;
  • Startups' social and environmental commitments ;
  • Impact in action: focus on concrete actions ;
Download the study to find out how tomorrow's tech leaders link performance and sustainability.
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Editorial

The year 2024 was marked by a tense financing context and a highly unstable environment.

For several months now, FT120 startups have had to come to terms with a new reality: access to capital is no longer a commodity. As a result, fundraising has fallen significantly in 2024, down 10% in value and 18% in volume compared to 2023.

At the same time, investor expectations and stakeholder demands are changing. The unbridled pursuit of growth is gradually giving way to a more rational approach, more focused on profitability that fully integrates social and environmental issues as levers of performance and sustainability.

These expectations are reflected not only in the continuation and reinforcement of traditional CSR initiatives (carbon footprints, employee awareness of social and environmental issues, inclusion policies), but also in a genuine paradigm shift within many startups, which are now positioning their commitments at the heart of their business model, understanding that economic performance and social responsibility are inseparable in the medium and long term.

Read more about the study

Our
methodology

To draw up this 2024 study, we :

  • Studied each company's articles of association to identify its purpose and its status as a company with a mission;
  • List of B Corp® certifications and detailed scores by criterion;
  • Conducted qualitative interviews with fifteen FT120 startups to document their concrete social and environmental approaches;
  • Move away from initiatives based solely on corporate communications to focus on concrete actions.

Two main types of commitment have been identified:

  • Impactful business initiatives: direct integration of social/environmental issues into core business;
  • Internal transformation: governance, HR practices, inclusion, operational sobriety.

A demanding and realistic overview of the level of commitment of French Tech startups.

Download FT120 media kit

Download the media kit