Newgovernance
The G factor: crucial for impact transformations!
The G-factor of ESG criteria becomes crucial for transformations with impact! WEMEAN supports you in the 4 Cs of Governance: Criteria, Committees, Cultures, Communications.
Newgovernance
G is the forgotten factor in ESG impact criteria. The focus on social and environmental objectives (E and S) has led to the neglect of Governance (G). Yet the G factor is crucial for impact-driven transformations!
Because Governance is both an objective AND a tool for impact.
- An objective because there are new governance criteria to adopt: business ethics, stakeholder relations, consultation, transparency...
- A tool at the same time, the challenge is to innovate in the design of governance systems to accelerate the creation of plural value (sustainability governance, impact governance) and to provide a response to the four major sharing challenges that every organization must now address:
Information sharing
Sharing the show
Sharing the decision
Value sharing
Governance is therefore a subject of innovation and culture that concerns all functions and all levels of an organization. It is not just a compliance issue reserved for official corporate bodies. Our contacts include general management and secretariats, CSR departments, finance departments, human resources departments, external and internal communications departments... Governance is everyone's business!
This is the purpose of WEMEAN's support for the 4 Cs of Governance :
Criteria
Governance criteria must be at the heart of ESG, CSRD, impact strategy, raison d'être or mission. WEMEAN can help you take these criteria into account, develop them and integrate them into your operations.
Examples of support: development of G criteria, review and enrichment of projects supported by governance in the name of G criteria (business ethics, transparency, deontology, guaranteeing diversity, combating violence and discrimination, etc.), strategic advice in the organization of new projects supported in the name of G criteria, etc.
Crops
A company's information, consultation and decision-making practices have a significant impact on its ability to perform by creating value for all its stakeholders, first and foremost its employees.
Examples of support: design of impact-based governance systems, definition of information, consultation and decision-making processes, internal communication and associated HR strategies, training of employees in positive-impact issues, etc.
Committees
The various committees responsible for guaranteeing Criterion G (mission, raison d'être, stakeholder and climate committees, etc.) need to be strategically structured and solidly supported to guarantee their impact and added value.
Examples of support: installation and structuring of a supervisory board, a raison d'être or mission committee, implementation of a thematic advisory board (on social and environmental issues: Comité Jeunes, Comité Climat, etc.), general secretariat for committees, preparation of mission or sustainability reports, etc.
Communications
In addition to reporting, governance bodies also need to renew their communications with stakeholders, ecosystems and society as a whole.
Examples of support: strengthening and renewing dialogue with stakeholders (shareholders, suppliers, etc.), public affairs on impact issues, increasing the number of points of contact with positive-impact groups, drawing up mission reports, drawing up sustainability reports, etc.