Jan 2024

Royal Canin 9

 

Working for a Mutual Future

At present, Royal Canin is collaborating with the Economics of Mutuality team to build a scalable multi-capital management dashboard with Economics of Mutuality metrics – pragmatic and actionable tools to be used by the business for management and performance purposes. The new metrics will be analogous to financial metrics already in use and will help to drive management practices and decision-making that positively impact people, planet and profit.

The aim is to create a Mutual P&L that will be used internally to modify the presentation of the existing financial P&L. It will provide an alternative mode of profit construction distinct from a single-minded focus on financial profit maximization by taking into account the business unit’s impact on selected human, social and environmental capital issues.

 

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