GENEO Capital Entrepreneur, Harmonie Mutuelle and Human & Work launch the Human Impact Index
Convinced that great entrepreneurial and human adventures are based on the women and men who make up the company, GENEO Capital Entrepreneur, Harmonie Mutuelle and Human & Work are launching the
the company, GENEO Capital Entrepreneur, Harmonie Mutuelle and Human & Work are launching the Human Impact Index
Paris, May 17, 2023. GENEO Capital Entrepreneur, Harmonie Mutuelle and Human & Work are today launching the Human Impact Index, a social compass, which will provide SMEs and SMIs with an overview of their social and human impact and possible areas for improvement.
Catherine Touvrey - Harmonie Mutuelle, Fanny Letier - GENEO Capital Entrepreneur,David Mahé - Human & Work
People at the heart of collective performance
The creation of this index, initiated by GENEO, is the result of strong convictions shared by its three promoters:
- Financial performance and human performance are correlated. Developing your human capital is the best way to develop yourself and therefore increase your economic value.
- You can't succeed alone. The great entrepreneurial adventures are collective adventures. Human capital must be placed on the same level as the other components of the company.
- Social impact must be put at the heart of reflection and innovation within companies. The Human Impact Index proposes a method to support them.
6 major themes and 15 evaluation criteria
In concrete terms, this index is based on 6 strategic themes:
- Employment
- Governance
- Health in the workplace
- Diversity
- Value sharing
- Commitment
These six themes are broken down into 15 evaluation criteria (such as job creation, professional training, the functioning of the management committee, professional equality, pay equity, absenteeism rate, etc.) on which each company will be evaluated.
Simple and pragmatic, this index will be a real tool for entrepreneurs. It will not only allow them to better understand the weak signals sent by employees, but also to deploy targeted policies to improve internal practices.
Expanding the use of the Human Impact Index
For this launch year, the 22 companies invested by GENEO Capital Entrepreneur, 10 companies supported by Harmonie Mutuelle and 10 companies supported by Human & Work are committed to this approach. The results will be consolidated and analyzed once a year.
The objective is to quickly extend the use of the Human Impact Index to other companies and partners. To this end, the evaluation grid will be made available to all those who wish to join the initiative and improve the performance of their collective.
Fanny Letier, co-founder of GENEO Capital Entrepreneur, says: "As an innovative and committed investor, GENEO Capital Entrepreneur has made the development of companies' human capital one of the four pillars of its raison d'être: positive finance, which reconciles performance and meaning. Making human capital work for companies is earned through a structured and sustainable investment by entrepreneurs and the support of their partners. And the final impact can be measured. This is the purpose of the Human Impact Index, which makes it possible to understand the subject in a simple and pragmatic way, while providing a
vision. GENEO is delighted to share this success with its two partners, Harmonie Mutuelle and Human and Word, and to sign a manifesto today that brings us together around our common convictions about people at work."
Catherine TOUVREY, Managing Director, Harmonie Mutuelle said: "We are very proud to announce the creation of this unique index, alongside GENEO Capital Entrepreneur and Human & Work. Convinced that health, quality of life at work, employee commitment and value sharing are at the heart of a company's success and performance, we have committed ourselves to this initiative with the aim of creating the first tool that will make it possible to establish a quantified and synthetic overview of the social and human impact of an organization. We hope that this tool will serve as a starting point for all the companies
We hope that it will serve as a starting point for all companies that will use it to effectively and sustainably improve the health, well-being and performance of their teams. As a Mutualist Company with a Mission and the leading mutual health insurance company in France, we are ready to support companies and entrepreneurs who wish to join us in this process.
David MAHE, President, Human & Work declares: "With the Human Impact Index that we are launching today with Geneo and Harmonie Mutuelle, we offer responsible companies benchmarks to value their human impact and a compass to engage their teams. We help them define HR strategies and areas for progress. We invite them to activate the impact levers that are leadership, management, corporate culture, work organization or human resources policies."
* * *
About the management company GENEO Capital Entrepreneur
GENEO Capital Entrepreneur's raison d'être is to make positive finance available to the real economy.
Designed to unlock the value creation, job creation and impact potential of SMEs and mid-sized companies, GENEO Capital Entrepreneur has nearly €600 million at its disposal. It manages in particular:
- the "evergreen" investment company GENEO Capital, which has a 99-year lifespan and is majority-owned by families and entrepreneurs. GENEO thus provides tailor-made capital that adapts to the pace of each company and provides responsiveness and flexibility. Its resources increase regularly as GENEO and the companies it invests develop.
- The GENEO Mezzanine fund: a positive impact mezzanine fund for small and medium-sized companies, with a team specialized in impact transformation. This fund provides real quasi-equity (not counted in debt ratios) without opening the capital of companies, and supports them in their development and impact disruption while offering significant financial incentives.
As a business partner, GENEO mobilizes to provide support for the execution of structuring, growth and transformation projects thanks to its teams, but also its specialized "business partners" (external growth, positive impact, digital and innovation). It also has a platform of more than 140 independent experts and a community of nearly 200 families and entrepreneurs, offering a sharing of experiences and a business network unheard of in France. The
of this operational support are adapted to the specific needs of each company and formalized jointly by the GENEO team, the management team and the other shareholders of the company in a "Growth Book".
Passionate about those who make, create and want to move the lines, the only ambition of the GENEO team is to bring the ambition of each entrepreneur to the top.
At GENEOwhen we invest, we invest!
For more information: www.geneocapitalentrepreneur.com
https://twitter.com/GeneoCapital
https://www.linkedin.com/company/geneo-capital-entrepreneur
https://www.youtube.com/channel/UChZh_aqfqG-v9ANGWlLY2Tw
Press contact:
Verbatee Agency : Cyrille Lachèvre
06 20 42 12 08 - c.lachevre@verbatee.com