Largo’s CSR Commitment Rewarded by the Granting of the Lucie Label
21 Septembre 2021 - 7:45AM
Business Wire
Regulatory News:
Largo (FR0013308582 – ALLGO), an eco-responsible French
player in the refurbishment of mobile devices, announces that it
has received the Lucie 26000 label and has thus joined France’s
leading committed and responsible community. The granting of this
label materialises Largo’s commitment to a sustainable development
approach that lies at the heart of its DNA and respects all its
partners.
Largo’s ambition: to involve all its employees in its CSR
approach
Largo has committed itself to an approach aimed at structuring
its social and environmental approaches with this Lucie label,
which is aligned with the ISO 26000 international norm, a benchmark
in France in terms of CSR. This approach is part of Largo’s
intention of involving all of the Company’s employees so that CSR
be at the very heart of its development. Collaborative work was
thus undertaken with 31% of its staff members, covering all
professions from repairs to logistics, including sourcing and
marketing, to define the company’s commitments regarding the seven
following topics:
- The organisation’s governance
- Human rights
- Labour relations and working conditions
- The environment
- Good business practices
- Consumer-related issues
- Communities and local development.
“It was important for us, members of staff, to be able to be
involved in this certification approach. We were hence able to
define together what Largo’s commitments should be in terms of CSR.
Knowing that our job has real meaning and that we can have a
positive impact on our environment is also a driving force helping
us move forward”, says Léo from Largo’s repair department.
An external audit was carried out by the RSEVAL certification
body and then an independent labelling committee granted Largo the
Lucie label, following an examination of the report and the
commitments made by the Company to further improve over the next
three years.
A CSR approach at the heart of Largo’s DNA
Largo is constantly improving its organisation, its offer and
its services to support its CSR policy, its partners’ CSR policies
and citizens’ purchasing practices, and hence fully contribute to
the circular economy. Its approach is consistent with governmental
policies regarding the ecological transition towards a carbon-free
economy, for example a net reduction of at least 55% in greenhouse
gas emissions by 2030 compared to 1990 levels1.
“To support Largo’s growth and guide our strategy, in 2020 we
decided that one of our priorities should be to obtain external
recognition of our CSR approach. Obtaining the Lucie 26000 label
rewards our initial commitments and allows us to structure our
roadmap with the intention of continually improving our CSR
policy”, explains Christophe Brunot, Co-founder of Largo.
As a reminder, Largo’s CSR policy comprises three main
focusses:
- Well-being at work and the development of employees’
skills;
- An industrial approach to refurbishment that offers consumers
an experience similar to new devices whilst extending Smartphones’
lives, thus reducing the use of minerals required to manufacture
them;
- The transparency of its practices and support for the
implementation of regulations governing the sector.
Largo’s commitments
Largo has also made commitments in terms of its development,
notably:
- replacing packaging with eco-designed and biodegradable
packaging; - implementing partnerships with environmental and
social associations; - participating in the drafting of a method
for assessing the emissions avoided thanks to refurbishment so that
the entire sector can access the Low Carbon label.
About LARGO:
Created in 2016, Largo is a group fundamentally involved in the
circular economy. With close to 40 staff based in Nantes, Western
France, Largo refurbishes Smartphones, tablets and laptops.
Positioned along the entire value chain, from sourcing to
refurbishment and distribution, Largo wants to become a benchmark
player in the field of responsible refurbishment. A pioneer in
terms of transparency, in 2018 Largo invested in a sophisticated
production tool enabling it to optimise its processes and the
quality of its products.
Entirely internalised in France, the refurbishment site offers
full control of each key stage: reception, testing, reparation,
quality control and after-sales service. Since the Company’s
creation, Largo has already refurbished more than 140,000
Smartphones, and generated revenue of almost €10.3 million in
2020.
For further information, please go to www.largo.fr
About Agence LUCIE:
Created in 2007, the LUCIE 26000 label rewards an organisation’s
commitment with respect to social responsibility in keeping with
the guidelines of the ISO 26000 norm. Agence LUCIE also develops
various solutions to enable all organisations to become more
committed and responsible via thematic labels such as ENVOL,
Responsible Digital and Biodiversity Progress. Today, the LUCIE
community comprises some 800 entities that share the same values
and the same desire to make this world fairer and more respectful
of people and regions. Our mission is to give organisations the
means to become players with a positive impact.
https://agence-lucie.com
_________________ 1 Agreement announced by the European
Commission on Wednesday 21 April, 2021
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Largo Finance finances@largo-france.fr
NewCap Investor Relations Thomas Grojean/Quentin Massé
largo@newcap.eu +331 44 71 94 94
NewCap Media Relations Nicolas Merigeau largo@newcap.eu
+331 44 71 94 98
Press contact Agence Proches Samantha Duron – +337 64 01
74 35 – samantha.duron@agenceproches.com Kelly Martin - +336 63 52
94 74 – kelly.martin@agenceproches.com
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