Committed to responsibility
Wavestone has been committed to CSR for 10 years and has made it a key part of its corporate strategy.
Wavestone is recognised for its extra-financial performance and aims to remain a leader in CSR. Wavestone has been ranked in the top 3 in its category for CSR in the Gaïa Rating for the past 5 years.
Our commitments to a sustainable performance
Based on the most material issues identified, and in line with the firm’s business model, Wavestone has decided to express its CSR policy in five commitments:
Improve client satisfaction and support clients in sustainable performance
Promote employee engagement, well-being, and quality-of-life at work
Act for diversity, and create an inclusive working environment where everyone is free to be themselves, and has the same opportunity to fulfill their potential
Be a corporate citizen that behaves ethically and responsibly
Minimize the impact of our activity on the environment
Indicators to measure our performance
| Commitments | Indicators |
Objectives 2022/23 |
Performance 2022/23 |
Objectives 2023/24 |
|
| Improve client satisfaction and support clients in sustainable performance | Net Promoter Score®1
Number of projects done under the responsible consulting approach* |
50
100 |
45
119 |
50
300 |
|
| Promote employee engagement, well-being, and quality-of-life at work | Employee commitment index
Staff turnover rate |
71
15% |
74
16% |
74
15% |
|
| Act for diversity, and create an inclusive working environment where everyone is free to be themselves, and has the same opportunity to fulfill their potential | Proportion of women in management2*
Number of employees with a disability* |
33%
40 |
35%
49 |
34.5%
58 |
|
| Be a corporate citizen that behaves ethically and responsibly | Employees trained to apply the Ethics Charter
Workforce time spent on social engagement |
95%
1.0% |
96%
1.3% |
95%
1.0% |
|
| Minimize the impact of our activity on the environment |
Reduction in carbon foorprint by employee, compared with 2019/20* | Scope 1 & 2 (in absolute value) |
-13% |
-51%3 | -17% |
| Scope 3 (per employee) | -20% | -27%3 | -25% | ||
1 The NPS® or net promoter score® is a customer satisfaction measurement tool, ranging from -100 to 100 (NPS® is a registered trademark of Bain & Company, Inc., Satmetrix Systems, Inc. and Fred Reichheld).
2 Top management positions include operating management and/or hierarchical management
3 As part of the SBTi trajectory, emissions are now calculated and reported using the GHG Protocol methodology. The scope of the SBTi commitment includes all three scopes (market-based) and excludes optional emissions as defined by the GHG Protocol (hotel accommodation, remote employee working, external use of sites) and firms integrated in the 2022/23 fiscal year.
* Objectives defined within the framework of the impact credit (Impact credit combines ESG criteria with firm financing)
Wavestone’s commitment to market initiatives
Our awards and labels
ranked 6th in its revenue category in 2023
Top 5% at a national level in 2023
78/100 – “Platinum” ranking (2023)
ranked 1st in its category in 2022 (France)
90% of positive recommendations
ranked 1st in the “Technology” sector
and 6th in the global ranking
Score B- (2022)
Certified “Fresque du Climat” (France)
Our Responsible Consulting Approach
As part of its CSR strategy, Wavestone has set itself the objective of supporting its clients towards a sustainable performance.
An emissions reduction trajectory aligned with the Net-Zero Standard SBTi
Wavestone has set short and long-term greenhouse gas emissions reduction targets, in line with the Net-Zero Standard of the Science Based Targets (SBTi) initiative, which enables companies to define a reduction trajectory consistent with limiting global warming to 1.5°C (Paris Agreement target).
Wavestone is thus committed to reducing its absolute GHG emissions in relation to the 2019 reference year:
– By 29% on scopes* 1 & 2 by fiscal 2026, and by 40% per employee for scope 3
– By 90% on scopes 1 & 2 by fiscal 2049, and by 97% per employee for scope 3
*Scope 1: gas heating, gas leaks. Scope 2: electricity, heating/cooling network. Scope 3: business travel (air, train, etc.), commuting, purchases of goods and services (hotels, catering, etc.), digital equipment and usage, fixed assets, and waste.
Skills sponsorship, a strong social commitment for Wavestone
Hélène Cambournac, CSR Manager, discusses Wavestone’s social commitments, particularly in terms of skills sponsorship.
Powerday, Wavestone's global solidarity day
Every year, Wavestone organizes its annual solidarity day, the Powerday. Each year, all employees are invited to participate in a community project for a day. Based on the principle of volunteering, employees can provide support to the association of their choice, as part of a field action or skills sponsorship.
RELIVE THE 2022 POWERDAY:
Business Ethics
As part of its Corporate Social Responsibility (CSR) approach, Wavestone is committed to being a trusted partner by maintaining a transparent, responsible and sincere relationship with its customers, employees and suppliers.
Wavestone commits to combat day-to-day sexism in the workplace
Wavestone joined the #StOpE initiative, which aims to stop day-to-day sexism in companies by sharing and promoting best practices on the subject. The firm is joining forces with 150 other organizations that have signed up to the initiative, thereby confirming its commitment to equal treatment and diversity for all its candidates and employees.
As of March 1, 2024, in accordance with the French law “for the freedom to choose one’s professional future” introduced on September 5, 2018, Wavestone announces an overall score of 87/100 on the Gender Equality Index for Wavestone social and economic unit. This law aims, in particular, to eliminate the gender pay gap in France.