Global Economy
CGEM Grants RSE Label to Pharma 5 and Re‑certifies Oulmès Mineral Water and Casablanca Stock Exchange
The General Confederation of Moroccan Enterprises (CGEM) announced the award of its Corporate Social Responsibility (RSE) label to pharmaceutical firm Pharma 5. In the same decision, the label was also renewed for Les Eaux Minérales d’Oulmès and the Casablanca Stock Exchange, recognizing their continued commitment to sustainable practices. The three‑year label, granted after an independent audit and a review by CGEM’s attribution committee, signals that these organisations have integrated economic, social and environmental criteria into their core strategies and are advancing their responsible‑business roadmap.
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CGEM Awards RSE Label to Pharma 5
The General Confederation of Moroccan Enterprises (CGEM) confirmed on Tuesday that Pharma 5 has received the prestigious Corporate Social Responsibility (RSE) label. The decision follows a formal meeting of the CGEM’s Attribution Committee, which evaluated the company’s sustainability performance against a set of rigorous criteria.
Renewal for Oulmès Mineral Water and Casablanca Stock Exchange
In the same session, CGEM renewed the RSE label for two other major players: Les Eaux Minérales d’Oulmès and the Casablanca Stock Exchange. The renewal acknowledges that both entities have maintained, and in some areas improved, their commitment to responsible business practices.
What the Label Means
The RSE label is awarded for a three‑year period by CGEM’s presidency, based on the recommendation of an independent, accredited expert panel. The evaluation covers economic, social and environmental dimensions, ensuring that the certified firms embed sustainability at the heart of their management strategy.
- Rigorous assessment: An external third‑party auditor carries out a comprehensive review.
- Continuous improvement: Renewal requires a higher level of performance than the initial award.
- Strategic integration: Companies must demonstrate clear alignment of CSR goals with stakeholder expectations.
By receiving or retaining the label, Pharma 5, Oulmès and the Casablanca Stock Exchange reinforce their market reputation, strengthen stakeholder trust, and position themselves as leaders in Morocco’s sustainability transition.