Responsible entrepreneurship

Responsible entrepreneurship is defined as the integration of the three economic, social and environmental dimensions of sustainable development into the objectives of any entrepreneurial project, right from the start. In this perspective, entrepreneurship no longer aims at creating value but also social and environmental value. In this sense, all decisions must be weighed in light of their impacts, both positive and negative, to create responsible value. Promoting such a vision of entrepreneurship is simply a necessity in the current post-COVID context and thus responds to the climate, economic and social crises. The Principles of Responsible Investment (PRI) have been defined and published by the United Nations (UN) in 2006. They clarify at the international level the rules of good conduct for investors who claim to be responsible. These investors sign a document in which they recognize that environmental, social and governance (ESG) issues can be detrimental to the performance of investment portfolios. They therefore commit to integrate these ESG factors into their analysis and decisions by including these issues in their investment policy statements, supporting the development of measurement and tools for measuring and analyzing these issues, and by asking financial analysts, consultants, brokers, research departments and credit brokers, research departements and credit agencies to integrate ESG factors into their research.