A pro-active, structured CSR approach awarded by a non-financial rating well above the industry average

As part of its planned IPO, ICAPE Group has decided to gain recognition for its commitment to CSR by requesting an Ethifinance rating. Its ESG score of 73/100 is a testimony of an advanced level of maturity, and is around twice the average score in its sector1 (34/100)2.

The Group’s initiatives and commitments in the environmental, ethical and sustainability fields mainly include:

  • the set-up and enforcement of an Environment and Ethics Code created in 2007 for the Group’s suppliers, to ensure that they duly protect the environment, comply with international labour law and anti-corruption rules, and have good working conditions in their plants,
  • a CSR structure reporting directly to the Group’s Executive Committee, tasked for carrying out a detailed analysis of internal practices and developing an action plan in response,
  • the creation of Icape Planète Bleue Corporate Foundation in early 2021 with an allocated budget of €1.5 million over the next five years with aims to pursue public-interest initiatives in the social, environmental, educational and humanitarian fields, in connection with the maritime world and for the ocean protection.

1 - Service and technology companies with fewer than 500 employees
2 - Ethifinance assessment based on 2021 figures and the Group's responses to the GaiaResearch questionnaire