Mazars stresses the importance of adopting sustainable measures
Mazars - a consultancy specializing in Auditing and Auditing, Accounting, Consulting and Advisory Services - contributes to the latest edition of the Global Goals Yearbook 2018 with the aim of helping to understand the relationship between responsibility, commitment and profitability in a business context.
Lisbon, November 13, 2018 - Mazars stresses the importance of adopting sustainable measures within companies and the need to look at Corporate Social Responsibility as a decisive factor in creating value with their stakeholders and the community in general. In its contribution to the latest Global Goals Yearbook 2018, the consultant outlines strategies for companies to conduct business successfully without compromising sustainability and responsible positioning.
For Luís Gaspar, Managing Partner of Mazars in Portugal, "Due to its global nature, Mazars incorporates the duty to work towards a more inclusive, responsible and sustainable world, as well as conveying to leaders the importance of thinking and acting responsibly in the long term. This is our motivation for achieving good performance and ensuring favorable conditions for companies, shareholders and society.”.
Mazars has been advocating the importance of companies implementing the Sustainable Development Goals (SDGs) - defined by the United Nations General Assembly - in an effort that focuses mainly on making people understand that the value created by organizations and their ecosystems is not based strictly on financial indicators.
The difficulty lies in showing how this intangible value can be obtained, but Mazars' Leadership and Sustainability team shows that it can be achieved through the relationship between sustainability and profitability.
The problem surrounding this issue is not just the complex and sophisticated nature of financial reports and the metrics that characterize them. It's a lack of understanding that value goes beyond financial profit, which means that companies are exposed to reputational risks and end up not generating a return for their shareholders. shareholders.
Only when companies consider the extent of these issues and their impact on society can they understand that there has to be a relationship between the well-being of their communities and their long-term growth goals. Looking at Corporate Social Responsibility as just a procedure becomes an expense for the company and prevents real value creation.
“To highlight the relationship between the well-being of communities and the long-term growth goals of organizations, we have launched the Business. For Good™ initiative, which aims to make our customers and stakeholders more committed to sustainability”, reveals Luís Gaspar. "With this strategy, Mazars” global community now has the skills to respond to more demanding challenges and strengthens its position to serve and advise more complex clients.", adds Mazars' Managing Partner in Portugal.
About Global Goals Yearbook
O Global Goals Yearbook is an annual publication, supported by the Macombo Foundation, which incorporates the Sustainable Development Goals (SDGs) and advances in Global Corporate Sustainability. This publication offers information on the subject of sustainability and promotes understanding and knowledge sharing on the Sustainable Development Goals and the Ten Principles of the UN Global Compact.
O Global Goals Yearbook is intended to promote corporate transparency and the sharing of good practices in companies, and gives a voice to the stakeholders global and regional, which are at the heart of the sustainability agenda.
Mazars is one of the main partners of Global Goals Yearbook. This year's edition “Partnerships For the Goals” discusses the multiple aspects in which the engagement in the private sector could be improved. Among the recommendations are a review of multilateralism, partnership models and processes, and greater investment in relationships of trust, culture, metrics and supervision.
Additional information at https://globalgoals-yearbook.org/
About Mazars
MAZARS is an integrated and independent organization specializing in Auditing and Auditing, Accounting, Consulting and Advisory Services, Tax Advisory and Legal Services. It is present in 86 countries directly, and has correspondents in a further 16 markets. It employs 20,000 people led by 980 partners in more than 300 offices around the world. It assists clients of all sizes, from multinationals and large companies to SMEs and private investors, at every stage of their development. In Portugal, MAZARS employs 150 people and has offices in Lisbon, Porto and Leiria.
Additional information at https://www.mazars.pt/