Elixirr International plc
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:40.98 tCO2e/year
Scope 2 Emissions:30.97 tCO2e/year
Scope 3 Emissions:10.01 tCO2e/year
Total Energy Consumption:154.53 mWh/year
ESG Focus Areas
- Community Investment
- Employee Well-being
- Sustainable Financial Performance
- Governance and Transparency
- Environmental Impact
Environmental Achievements
- Reduced carbon emissions from 31.39 tCO2e in FY22 to 40.98 tCO2e in FY23 (increase attributed to growth, not necessarily increased intensity per unit of output).
Social Achievements
- Employee Share Purchase Plan (ESPP) had high participation rates (over 45% for the Group and over 75% for the consulting business for FY24).
- 70% of Insigniam employees participated in the ESPP in the first year following acquisition.
- Received multiple accolades including being named in the Financial Times’ 2023 ‘UK Leading Management Consultants’ list.
Governance Achievements
- Complied with the corporate governance code of the Quoted Companies Alliance (QCA).
- Board includes independent non-executive members with varying backgrounds and experience.
- Robust governance framework in place.
Climate Goals & Targets
Environmental Challenges
- Demand for services affected by global, regional, and industry-specific macroeconomic conditions.
- Competitive environment in the consulting industry.
- Recruitment and retention of talented employees.
- Maintaining profitability amidst potential decline in client projects or misalignment in headcount growth.
- Successful M&A and integration of acquired businesses.
Mitigation Strategies
- Four-pillar growth strategy (organic and inorganic growth).
- Focus on customer service and exceeding client expectations.
- Remuneration policies and structures that reward excellent performance and incentivize retention.
- Partner model to mitigate the impact of individual employee loss.
- Dedicated internal acquisition team, due diligence, and risk assessment for potential acquisitions.
- Contingent consideration in acquisition deals to align incentives.
Supply Chain Management
Responsible Procurement
- Treat all suppliers fairly
- Ensure contractual commitments are met
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Corporate Governance Code
Awards & Recognition
- Financial Times’ 2023 ‘UK Leading Management Consultants’
- Global Outsourcing 100®
- Top Consulting Firm by Consultancy.UK
- Shortlisted for the In-house Recruitment Awards 2023