Duval Group Press Release · October 1, 2024 · Duval Group Corporate Communications
The Duval Group, a French family-owned company with €1 billion in revenue, has announced its transition to a mission-driven enterprise, incorporating social and environmental objectives into its articles of incorporation. To ensure the success of this initiative, it has formed a mission committee of independent experts, including Thibault Lamarque, founder and CEO of Castalie. This choice reflects the group’s recognition of the CEO’s dedicated expertise on sustainability issues.
Key takeaways
- The Duval Group, a French family-owned company founded 30 years ago by Éric Duval, officially became a mission-driven company on October 1, 2024.
- The Duval Group has enshrined two objectives in its articles of incorporation: to use entrepreneurship to foster a culture of commitment, and to create sustainable value for local communities.
- Thibault Lamarque, founder and CEO of Castalie, has been appointed to the Groupe Duval task force as an independent member.
- The task force also includes Bris Rocher (Rocher Group), Nathalie Sarel (Crédit Agricole), and Camille Vever (Vever), who serve in an oversight and advisory capacity.
- The task force is responsible for verifying that the group’s actions are consistent with its established social and environmental objectives.
- The “mission-driven company” status, established by the 2019 PACTE Act, allows a company to include its purpose and social and environmental objectives in its articles of incorporation; progress toward these objectives is monitored by a mission committee and verified by an independent third-party organization.
- The Duval Group defined its mission statement in 2022 and has 6,000 employees and revenue of one billion euros.
Source: Duval Group, press release, October 1, 2024. Read the original press release
