Social and environmental performance management (SEPM) is a way of doing business that puts people and the planet at the center of every strategic and operational decision. SEPM is not opposed to profitâin fact, it is common for businesses with strong SEPM to have strong financial performance as well.
You canât manage what you donât measure and you canât improve what you donât track. Social and environmental performance assessment is the foundation for achieving impact.
At Cerise+SPTF, we know that strong financial performance does not necessarily translate into benefits for customers, employees, and the environment. We also know that having a social mission is not the same thing as achieving a social mission.
By putting customers, employees, and the environment at the center of strategic and operational decisions, we increase the likelihood that products and services will do no harm and provide positive value to customers and communities.
- Build customer loyalty with better-designed products
- Attract and retain employees through well-designed HR practices
- Gain shareholder trust through transparent disclosure of practices using the accepted and standardized framework
- Strengthen brand reputation
- Mitigate reputation risk through strong consumer and environmental protection practices
- Improve overall performance through better informed customers, transparent practices and motivated workers
SEPM is important for any company that has or wants to pursue a triple bottom-line strategy: financial, social, and environmental.