EFIRES is a consulting agency specialized in Responsible Investing (RI) and
Corporate Social Responsibility (CSR).We provide investors and companies with a large scope of services in these fields, from strategic consulting to operational execution.
Our missions are:
To help investors and companies factor in sustainable development issues in their business models,
using a prospective and targeted approach focused on their specificities (size, sector, asset class, etc.).
To build tailor-made RI & CSR strategies with top management, to assist operational teams in the
effective execution of these strategies and to ensure traceability through robust reporting.
To further dialogue and cooperation between investors and companies, by fulfilling a key role as mediator.
Our pragmatic approach consists in combining extra-financial & financial benefits. We systematically seek the best efficiency / responsibility ratio and provide our clients with innovative and differentiating ideas arising from 3 key strengths :
Our in-depth knowledge of RI & CSR issues, developed through several years’ experience in these fields from various angles, thus offering a broad perspective view (strategy & project management, ESG / extra-financial research, marketing plan, reporting).
Our ongoing interactions with our clients and partners, , who are also key players interlinked in the development of a sustainable and responsible finance industry.
Our active involvement in French and pan-European organisations dedicated to RI & CSR themes (Member of Frenchsif FIR / Eurosif, PRI Signatory, …).
We work hand-in-hand with our clients thanks to our original “integrated consulting” approach, setting us apart from conventional players in the RI and CSR market (CSR rating agencies, audit firms, sustainable development agencies, etc.) :
Beyond specific ad hoc missions, we assist our clients over the long term in the conception and development of their overall CSR & RI policies. They usually consider us as an extension of their internal teams.
EFIRES teams work closely with both top management, for the elaboration of CSR & RI strategies, and operational teams, for the concrete implementation in processes.
We support our clients over an average period of 3 years, according to a partnership-based approach, therefore positioning us as an extension of their in-house resources.
We design tailor-made solutions for our clients and we refuse to make them apply standard strategies and processes that would be unconnected with their context. This customized approach represents the common thread of our consulting missions and relies on the following modus operandi :
All our consulting missions result in concrete and exploitable deliverables.
With an average experience of almost 15 years in Responsible Investing & CSR, Véronique Le Heup and Nadia Tihdaini have developed solid and complementary skills, which they are now placing at the service of companies and investors through EFIRES. They are particularly involved in the finance industry and work closely with asset managers and asset owners representing more than €750bn in assets under management.
Véronique Le Heup
17 years of experience in Responsible Investing & CSR. Specialist in strategic consulting in RI and CSR policy management
As a pioneer in the areas of RI & CSR, she explored these themes as early as 2002 within one of the largest European asset management companies, first as an SRI analyst and then as Head of the CSR Department, reporting directly to the CEO.
Veronique’s professional background in consulting started in 2009 as Managing Partner of the consulting agency Numaï Partners and founder of the company’s SRI branch. Major investors and companies have been entrusting their RI & CSR policies to her for many years, from strategic positioning to operational execution. She is renowned for her innovative coordination of concerted-dialogue initiatives between key sustainability players. She notably contributed to the launch of an innovative Core SRI fund managed according to an active ownership/engagement strategy. She has also been actively involved in RI initiatives like Cordial, a working group led by the French SIF (Eurosif network) and dedicated to constructive dialogue between investors and issuer organisations.
12 years of experience in Responsible Investing & CSR. Specialist in extra-financial research and in SRI product marketing
Nadia’s experience in SRI & CSR began in 2007 within the Business & Marketing Development department of one of the most progressive asset management companies in the field of Responsible Investing. She provided all internal teams with expertise and technical support on RI & CSR matters, was responsible for the coordination and operational execution of the SRI road map, for market studies, for adapting the SRI product ranges, for the RI labelling processes and for SRI positioning. She notably co-steered the product launch of an innovative fund dedicated to the theme of climate change and actively contributed to the setting up of a scientific advisory committee aiming at informing portfolio management teams about mitigation and adaptation issues.
In 2010, she joined the extra-financial research department as an ESG analyst, specialising in the Sustainable Buildings & Sustainable Consumption themes. This brought her to analyse the CSR practices of European listed companies in the related sectors. In 2013, she co-founded EFIRES: she is currently a Managing Partners within the firm.
Efires also relies on a network of specialised consultants selected through an open architecture approach for their specific expertise, thus enabling us to put the most competent team to work on each client project:
one of the two founders is systematically on the team to ensure overall coordination
and one or several consultants at the forefront of their field (for example, an environmental engineer for projects dealing with carbon-related issues).
=> The combination of the founders’ cross-disciplinary skills and the technical expertise of the expert(s) involved guarantees optimal project management.
Asset managers (listed equity, fixed income, private equity, property)
Institutional investors / Sovereign funds / Private banks
Whether it results from strong beliefs or from growing market pressure (regulations, norms, clients’ expectations, etc.), investors now have to take into account extra-financial issues in their investment decisions. This is a complex evolution for investors in terms of operational execution as it consists in integrating a new paradigm, by essence not included in their fundamentals.
EFIRES helps investors to successfully address this major challenge, thanks to its strong expertise in RI / ESG / CSR fields, developed over several years. Our firm helps investors set up their Responsible Investing Approach and more globally their CSR policy. EFIRES’ consulting services cover a broad scope: from strategy definition upstream to the monitoring of results and KPIs, not forgetting the operational execution of the strategic roadmap.
As a true partner of your teams thanks to its integrated consulting approach, EFIRES provides :
Cutting-edge technical input, valuable in the definition or enhancement of RI / CSR strategies. Investors can rely on EFIRES’ continuous monitoring of national and international norms, standards and best practices.
Tangible solutions systematically adapted to the client’s overall strategy, its ambitions, its development targets, its opportunities and resources.
A tailor-made approach, built hand in hand with clients, and which takes into account the main features of each player: EFIRES has developed a specific and separate approach for each asset class (Contact us for more information).
Concrete assistance in terms of operational execution, used by clients as an extension of their internal teams, sometimes insufficiently staffed to achieve their ambitions or to address market pressures efficiently.
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Source : Efires, 2019
In just a few years, CSR has shifted from voluntary and mainly philanthropic initiatives to forming an integral part of risk and opportunity management. Several factors are leading companies to control their environmental and social impacts better.
Investors and shareholders tend to exert greater pressure on companies in these fields, as shown by the myriad of new SRI products and the growing integration of ESG criteria in mainstream investment processes.
> The technical support of a specialist of ESG issues, as viewed by the financial sector, is a valuable asset for companies that aim to attract responsible investors. EFIRES provides companies with this input.
Fort de son expertise éprouvée en gestion de projets RSE combinée à sa solide expérience en gestion d’actifs responsable, EFIRES accompagne les entreprises dans la définition et le déploiement de stratégies RSE :
Focusing on a sector’s main environmental and social issues, i.e. those with significant impacts and tangible improvement levers.
Targeted according to investors’ expectations, notably in terms of ESG reporting dedicated to SRI analysts.
EFIRES’ approach is flexible and can cover either the entire scope of the CSR policy or focus on specific issues.
Our selective approach consists in focusing our support and monitoring of companies on the main ESG issues of their sector, i.e. CSR topics :
That represent overriding environmental and social impacts and for which improvement levers are significant => Concept of Responsibility
Wich are subjected to an increasing and prescriptive regulatory supervision => Concepts of Compliance and Opposabiliy
Which may have potential economic and financial impacts => Concept of Materiality
E.g. controversies that could affect the company’s image; bad working conditions in the supply chain that could disrupt product stocks or quality.
E.g. improvement of energy efficiency allowing both CO2 mitigation and cost reduction.
20 rue Pelleport
75020 Paris, France
Tel : + 33 (0)126.96.36.199.37
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