IE 1.3. Country of establishment

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In the context of ESG (Environmental, Social, and Governance) reporting and the results of the ESG data collection 2023 (as of the end of 2022) by France Invest, it is essential to provide accurate and relevant information regarding the country of establishment of your company. This requirement aims to determine the legal location of the company’s incorporation, including its subsidiaries but excluding branches without legal personality. The clarity and accuracy of this information are crucial for compliance with ESG standards and for a fair assessment of your company.

1. How to answer this question ?

To answer this question, you must identify the country in which your company was legally incorporated. This means the location where your company was registered with the competent authorities and where it has its legal status. If your company has subsidiaries, you must also indicate the country of incorporation for each of them, provided they have their own legal personality. Conversely, it is not necessary to mention branches that do not have a separate legal personality from the parent company.

2. Why is it important ?

Identifying the country of establishment of your company is important for several reasons. Firstly, it ensures compliance with local and international regulations regarding ESG reporting. Secondly, it provides increased transparency to investors and stakeholders regarding the legal and geographical structure of your company. This can influence investment decisions, given that a country’s legal and regulatory context can affect a company’s ESG practices. Finally, it helps assess risks and opportunities related to the company’s governance and operational environment.

3. Examples :

– Example A: If your parent company is registered in France and has a subsidiary in Germany with its own legal status, you should indicate “France” for the parent company and “Germany” for the subsidiary.

– Example B: If your company is based in the United States but has branches in Italy and Spain that do not have their own legal personality, you only mention “United States,” the country of incorporation of the parent company.

It is essential to approach this question with care and precision, ensuring that up-to-date and accurate information is provided for each legal entity within your group.

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