Climate Change Data

OC&C Strategy Consultants

Climate Impact & Sustainability Data (2022-05 to 2023-04)

Reporting Period: 2022-05 to 2023-04

Environmental Metrics

Total Carbon Emissions:8007 tCO2e (FY23)
Scope 1 Emissions:3441 tCO2e (FY23)
Scope 2 Emissions:3007 tCO2e (FY23)
Scope 3 Emissions:1560 tCO2e (FY23)

ESG Focus Areas

  • Climate Action / Emissions
  • Diversity & Inclusion
  • Employee Wellbeing
  • Pro-bono and community engagement
  • Anti-bribery and Corruption

Environmental Achievements

  • 13% reduction in Scope 3 non-travel emissions vs. FY22
  • ~70% of global office floorspace is certified to meet green building program requirements
  • 100% of annual emissions offset or removed

Social Achievements

  • Implementation of equalised parental leave
  • Launch of annual health and wellness subsidy
  • Development of a new e-learning platform
  • Expansion of pro-bono work to exceed 1.5% of revenue target (reaching 1.6%)
  • 41% of new hires belong to a diversity group (UK, US, Australia)

Governance Achievements

  • Implementation of greater cybersecurity measures
  • Reinforced training on critical governance structures (100% employee coverage)
  • Incorporation of dedication to ESG principles into the core of our governance framework (Partnership Agreement)

Climate Goals & Targets

Long-term Goals:
  • Net-zero value chain GHG emissions by 2050 (in line with SBTi Net-Zero Standard)
Medium-term Goals:
  • Achieve further emission reductions in line with SBTi medium-term targets
Short-term Goals:
  • Reduce emissions in line with SBTi near-term targets (validation expected within 12 months)

Environmental Challenges

  • Overall carbon footprint expansion due to increased headcount and post-COVID travel
  • Data limitations in tracking diversity metrics globally
Mitigation Strategies
  • Improved property owner and supplier engagement to reduce emissions
  • Revamp of training program to reduce travel-related emissions
  • Updated office relocation and renovation policies for more environmentally friendly spaces
  • Development of new policies and initiatives to increase voluntary disclosure rates for diversity data

Supply Chain Management

Responsible Procurement
  • Improved supplier engagement for more accurate emissions data

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, SBTi

Certifications: B Corp (October 2023), BREEAM, LEED, WELL v2

Third-party Assurance: Normative (carbon accounting)