GlobalData Plc
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:337 tCO2e
Scope 1 Emissions:85 tCO2e
Scope 2 Emissions:241 tCO2e
Scope 3 Emissions:12 tCO2e
Total Energy Consumption:1,555,772 kWh
Carbon Intensity:2.71 tonnes of CO₂e per £m of revenue
ESG Focus Areas
- People
- Clients
- Environment
- Social Investment
Environmental Achievements
- Significantly reduced environmental footprint due to home-working and cessation of business travel.
Social Achievements
- New partnership with UK mental health charity CALM (Campaign Against Living Miserably), raising over £190,000 for CALM and other local charities.
- Initiative to better understand clients, providing intelligence to guide customer service improvements in 2021.
Governance Achievements
- Established a plan to enhance the independence and skill set within the Board to better comply with the requirements of the UK Corporate Governance Code.
- Established a Related Party Transaction (RPT) Committee.
Climate Goals & Targets
Medium-term Goals:
- Progress towards a medium-term Adjusted EBITDA margin target of between 35% and 40%
- Accelerate organic revenue growth to at least 10% annually.
Environmental Challenges
- Tough commercial and operational challenges in 2020 due to COVID-19, particularly impacting events revenue.
- Meeting ambitious organic revenue growth targets was challenging due to COVID-19's suppression of economic activity.
Mitigation Strategies
- Successful transition to entirely remote working within weeks, maintaining business as usual.
- Rapid response to customer demand for COVID-19 intelligence through agile One Platform product development.
- Refocusing resources from within the existing cost base to meet customer demand without compromising core product development.
- Expansion of COVID-19 coverage team from 5 to over 200 analysts.
- Development of new Intelligence Center product capabilities and other products related to COVID-19, made available at no additional cost to subscription customers.
- Cost base management through slowing down recruitment, reduced travel, and lower event costs.
Supply Chain Management
Responsible Procurement
- Monitoring supplier working practices, ethics, financial stability, and viability.