f1 recruitment
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Workers
- Community
- Customers
- Environment
Environmental Achievements
- Moved to a 3-day-a-week flexible office space to reduce employee resource utilization at home.
Social Achievements
- Back2Businessship programme helped over 350 (mainly women) return to their careers, contributing over £12 million to household incomes and over £3 million in taxes.
- NoTurningBack2020 programme reached over 1100 students from underrepresented communities about careers in Marketing, Sports Marketing & Communications.
- Women’s Returner Career Accelerator programme has helped over 350 women return to their careers.
Governance Achievements
- Aligned individual KPIs of f1 recruitment consultancy team to social change programme objectives. Consultants assessed on quality of performance, social change impact, and company values.
Climate Goals & Targets
Long-term Goals:
- Partner with an organization to manage and offset carbon footprint and reduce impact on air, climate, water, and biodiversity.
Medium-term Goals:
- Increased input & support from industry membership associations for Back2Businessship.
- Publish and discuss qualitative research on 10 years of Back2Businessship program.
- Increase the number of companies attending Back2Businessship networking event.
- Increase the number of careers talks to colleges, especially in the North & East of the UK.
- Increase the size of the NoTurningBack2020 Ambassador team.
Short-term Goals:
- Training review to assess impact of 2023 training.
- Increased employee engagement in self-development through f1 resources.
- Measure the results of embedding social change impact with consultants’ individual activities.
Environmental Challenges
- UK economic challenges (high interest rates, inflation, low productivity) led to recruitment freezes and lower hiring volumes.
- Challenges in retaining diverse talent at senior levels.
- Conscious bias in the sector towards employing people under 45.
- Maintaining candidate diversity despite a slow hiring market.
Mitigation Strategies
- Continued investment in social change programs despite economic challenges.
- Focus on building long-term relationships with candidates through face-to-face interviews.
- Qualitative research on Back2Businessship program to inform future strategies.
- NoTurningBack2020 and 'Let's be Bolder' events to increase diverse talent pipeline and retention.
- Planning to partner with an organization to manage and offset carbon footprint.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Corp