Tribune. The systemic crisis we are experiencing – and which Covid-19 has exposed more strongly – is forcing us all to reinvent ourselves and make possible what supposedly was not. In particular, the ecological transition of our models of production, consumption and our societies appears more than ever as a first-order emergency, demanded by a large majority of French people as well as by the citizens’ convention for the climate.
To be effective, such an ecological transition must relate to the evolution of companies’ business models, so as to make them compatible with the preservation of biodiversity, the climate, natural resources and the resilience of ecosystems. Significantly, the leaders of three large companies – Danone, MAIF, Pfizer France – have just launched a “European citizens’ consultation to rethink the role of the company in society”.
But pursuing such an objective necessarily implies a strong and rapid transformation of the information systems used by companies. The rules governing the extra-financial reporting of companies, the declaration of extra-financial performance (DPEF) where information on the social and environmental dimensions of their activities is recorded, suffer in particular from major shortcomings, insofar as they are do not make it possible to truly link business models – based on financial bases – with extra-financial data.
The integrated declaration of performance, a powerful tool
In line with the 2003 recommendations of the National Accounting Council (CNC), which became the Accounting Standards Authority (ANC) and the Financial Markets Authority (AMF), as well as the Notat-Senard report of March 2018, the The decisive challenge today is to develop the DPEF by connecting financial data and extra-financial data in a search for overall performance, with what professionals call an integrated performance declaration (DPI).
IPR would make it possible to support the essential ecological transition as closely as possible by using the new accounting concept of environmental costs, which includes environmental expenditure (which aims to prevent, reduce or repair environmental damage) and expenditure for the transition. ecological (which aim to change business models).
In the current context of emergency and recovery plans, this IPR would be a powerful tool for monitoring the reality of funds allocated by companies for ecological transition, in particular for those which benefit from public aid.
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