Société à Mission (SAM) is a legal status in which a company states and commits to protect its mission and social environmental objectives alongside its core activities.
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/274b1cc8-98f2-4614-b6af-b9d6991623a2/ChevronFarRight.svg" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/274b1cc8-98f2-4614-b6af-b9d6991623a2/ChevronFarRight.svg" width="40px" /> Step 1. Protecting its Mission and Objectives on its Status
****Both our mission and its objectives have become part of our bylaws, meaning any current or future administration of Luko must be aligned with it.It also means that our current investors have approved and agree with the pursuit of our mission. Likewise, future investors will be aware and shall agree with it to join.
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/f36f1fbb-0708-45e8-b779-33c0d5bb40ae/ChevronFarRight.svg" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/f36f1fbb-0708-45e8-b779-33c0d5bb40ae/ChevronFarRight.svg" width="40px" /> Step 2. Having a Mission|Impact advisory Committee >
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/0050da43-c186-41bf-98c2-0b5d61f275a5/ChevronFarRight.svg" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/0050da43-c186-41bf-98c2-0b5d61f275a5/ChevronFarRight.svg" width="40px" /> Step 3. Reporting on the performance of its Objectives >
1st report by the committee 2023
****Once a year, with the review and approval of our Impact Committee, we will report to the public on how effectively we are executing our mission.
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b9367be1-85aa-4795-ac11-17058901178b/ChevronFarRight.svg" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b9367be1-85aa-4795-ac11-17058901178b/ChevronFarRight.svg" width="40px" /> Step 4. Being audited by a third party every 2 years > > 1st audit 2024
****A specialized Third Party accredited by COFRAC will carry out a bi-annual audit to confirm if Luko is making progress toward its objectives and whether the structures required by the law Pacte for 2019 that governs the Société à Mission are in place.