Governance
ESG governance standards ensure a company uses accurate and transparent accounting methods, pursues integrity and diversity in selecting its leadership, and is accountable to shareholders.
ESG investors may require assurances that companies avoid conflicts of interest in their choice of board members and senior executives, don’t use political contributions to obtain preferential treatment, or engage in illegal conduct.
Shareholders
Do you regularly inform your shareholders about the state of affairs within your company? Do you involve them?
As part of an active policy, you as a company inform your shareholders about important decisions and invite them to activities.
Legislation
Companies are bound by legal rules. There are basic rules that apply to everyone, and there are specific guidelines that depend on the sector of your company. Are you sufficiently informed about what is and what is not possible in your Mini-company? Think, for example, copyright, food safety, sales permits, the prohibition of alcohol and tobacco products ...
Gender equality
Gender equality in the workplace can only be achieved if people have access to equal pay, resources and opportunities, regardless of their gender. It requires: equal pay for equal work and equal participation of women in the labour process. In your Mini-Company, is there a balance between the number of boys and girls in managerial positions (proportionate to the number of boys and girls involved)?
Corporate Social Reponsibility
When you consciously opt to be sustainable and corporate social responsible, this clearly influences your choices and business plan. Are the shareholders aware of your sustainability policy? And the customers? And the suppliers?
HR
Evaluate to evolve. Do you pay attention to the well-being of the team members within your team? Is there a clear HR policy? What do you do to satisfy and keep your team members happy?
Safety
Specific safety regulations are linked to production processes. They exist to ensure the safety of employees in the workplace. Do you pay attention to safety? How are your employees protected during the production process?
Corporate Culture
In a well-functioning company, all employees believe in the mission and values of the company. This means that the vision of the company must be known to all employees. Have you made sure everyone is on the same page? Have you taken the initiative to communicate your company's philosophy and culture to all team members?
Application procedure
In a well-functioning company, the right person is in the right role. Has everyone on the team been given fair and objective opportunities to fill a position? Have the application procedures been followed?
Ownership
Ownership ensures more involvement and motivation. If you have the feeling that you can participate in decisions, that you can make adjustments and change things, then you are also more involved. Are all your team members co-owners of the company? What do you do to ensure and respect the ownership of all team members?