As we begin to emerge from the pandemic, the call for a more sustainable future has never been stronger. Businesses are – rightly – under pressure from everywhere to change how they grow: corporate social responsibility is not optional anymore, and it is time to walk the talk. Responsibility and sustainability have become important foundations of business performance and are vital to build confidence and trust in markets, corporations and public institutions. Sustainability must be at the centre of our business models. Real progress will depend on our ability to put operational detail and data behind plans, and to execute these plans. Europe’s corporate sustainability reporting directive (CSRD), which is on the EU’s legislative and regulatory agenda, lays down the necessary framework for the full integration of environmental, social and governance (ESG) criteria into the overall long-term performance of companies. In other words, performance will depend on the ability to drive responsible and sustainable growth models.
As auditors and advisors in tax, corporate finance, risk, compliance and business performance management, we have a pivotal role to play in setting the economic foundations of a new growth and trust contract. Growing with purpose: Mazars’ balanced and long-term strategy 2021 was an excellent year for Mazars in terms of our business and financial performance. All our service lines and geographies progressed well, and we won significant new business across large and listed companies as well as privately owned businesses of all sizes, including major international corporations. Our double-digit growth confirms the strength and resilience of our unique integrated model. It is well balanced between regulated and non-regulated services, which reflects our long-term strategy to invest in a suite of core, high-quality audit, tax and advisory services that help our clients grow confidently and responsibly. Mazars remains, more than ever, committed to deliver high-quality audits to companies around the world. In 2021, we continued to grow our audit practice: today we audit 2,400 PIEs worldwide, 1,200 headquartered in Europe, 960 listed on a regulated market, and more than 480 listed in Europe. Mazars is ranked 5th in the European audit market for large and listed European companies. Beyond audit, we grew significantly in financial advisory, which reflects a vibrant transaction market globally. Our growth in consulting reflects our focus on services that are consistent with our core mission to serve the public interest: we help our clients navigate a complex regulatory environment and mitigate the risks so that they can operate and grow with transparency and confidence.