ESI Joins UN Global Compact
PARIS, France, Jul 25, 2018 – ESI Group (FR0004110310 – ESI), leading innovator in Virtual Prototyping software and services, announces today its membership in the United Nations (UN) Global Compact.
As a signatory of the UN Global Compact and in line with its Corporate Social Responsibility (CSR) approach, ESI Group undertakes to respect the 10 principles of the United Nations in the areas of human rights, labor, environment and anti-corruption. The Group commits to yearly communicate its progress to its stakeholders through the release of a Communication on Progress (COP).
Through the implementation of its values, ESI has distinguished itself for the past three years within the Gaïa Index for its continuous commitment toward a CSR approach, structured around four priorities:
- Being a committed employer;
- Being an outstanding partner for its customers, by offering innovative and sustainable solutions;
- Being an environmentally friendly player;
- Serving civil society.
Through its Virtual Prototyping solutions, the Group supports its customers in their industrial and operational challenges, while helping them achieve their sustainable development objectives by offering solutions that enable them to develop more environmentally friendly products. In addition, these products are launched on the market with increased safety for end consumers. ESI’s virtual reality solution IC.IDO, when applied to the manufacturing sector, enables the improvement of operators’ working conditions by making working environments more ergonomic.
Alain de Rouvray, Chairman and Chief Executive Officer of ESI Group, comments: “Our membership of the United Nations Global Compact is a further step in our commitment to social, societal and environmental responsibility. It demonstrates our strong beliefs and our will to act in these areas. While the 10 principles of the United Nations are already included in the Group’s development strategy, we commit ourselves to amplifying our action so that these principles are disseminated and adopted more widely”.
Launched in 2000, the United Nations Global Compact gathers companies and organizations of all size, as well as civil society players, around 10 universally recognized principles that are essential for the establishment of more sustainable and inclusive societies.
ESI Group is a leading innovator in Virtual Prototyping software and services. Specialist in material physics, ESI has developed a unique proficiency in helping industrial manufacturers replace physical prototypes by virtual prototypes, allowing them to virtually manufacture, assemble, test and pre-certify their future products. Coupled with the latest technologies, Virtual Prototyping is now anchored in the wider concept of the Product Performance Lifecycle, which addresses the operational performance of a product during its entire lifecycle, from launch to disposal. The creation of a Hybrid Twin, leveraging simulation, physics and data analytics, enables manufacturers to deliver smarter and connected products, to predict product performance and to anticipate maintenance needs.
ESI is a French company listed in compartment B of NYSE Euronext Paris. Present in more than 40 countries, and addressing every major industrial sector, ESI Group employs about 1200 high-level specialists around the world and reported annual sales of €141 million in 2016. For more information, please visit www.esi-group.com.