Implement Consulting Group P/S
Climate Impact & Sustainability Data (2023-07 to 2024-06)
Reporting Period: 2023-07 to 2024-06
Environmental Metrics
Total Carbon Emissions:7,804 tCO2e/year
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:26 tCO2e/year
Scope 3 Emissions:7,778 tCO2e/year
Renewable Energy Share:100% of total energy consumption in Danish offices, 100% in Zurich office (as of FY24)
Total Energy Consumption:1,583 MWh/year
Water Consumption:8,586 m3/year
Waste Generated:129 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Achieved SBTi approved targets for emission reductions by 2030 and 2050
- Significantly improved accuracy of business travel emissions data by collaborating with a booking management company
- Decreased scope 2 emissions from FY23 due to renewable energy
- 100% renewable electricity in Danish offices
- 100% renewable energy in Munich office (as of March 2024)
- Zurich office transitioned to 100% green electricity
Social Achievements
- Reached highest-ever employee satisfaction (average score of 4.6)
- Maintained low employee turnover
- Increased gender diversity
- Established a DEI council
- Launched Female Partner Programme
- Launched Gender Diversity Dashboard
- No instances of human rights violations
Governance Achievements
- Updated internal ethical business conduct policy and guidelines
- Reinforced commitment to ethical business conduct
- No cases of corruption
- Implemented mandatory individual training as part of cybersecurity strategy
- Invested heavily in IT systems, surveillance tools, support and physical protection
Climate Goals & Targets
Long-term Goals:
- Net-zero greenhouse gas emissions across the value chain by FY50
Medium-term Goals:
- Absolute scope 1 and 2 greenhouse gas emissions by 60.0% by FY30 from a FY22 base year
- Scope 3 greenhouse gas emissions by 63.3% per FTE by FY30
Short-term Goals:
- Achieve 21% female partners by 2025
Environmental Challenges
- Main source of emission is travel emissions
- Challenges in directly attributing energy sources due to complexities of the Danish power grid and leasing agreements for international offices
- Uncertainty in data due to fluctuating response rate in employee engagement survey
- Uncertainty in employee age data due to optional information and system limitations
- Uncertainty in gender pay gap data due to seniority, different countries, and employees not providing gender information
Mitigation Strategies
- Developed a more sustainable way of working by collaborating with a booking management company
- Investing in GoOs for Danish offices and transitioning to 100% green electricity in some international offices
- Continuous updates to methods and policies to improve data accuracy
- Regular review and refinement of practices to improve accuracy of reporting
- Working on implementing job level data for CORE functions to improve gender pay gap analysis
Supply Chain Management
Responsible Procurement
- Supplier codes of conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
Transition Risks
- Regulatory changes
Opportunities
- Growth in climate-related projects
Reporting Standards
Frameworks Used: IFRS, GHG Protocol, SBTi, CDP, UN SDG, UN Global Compact
Certifications: EcoVadis Gold rating
Third-party Assurance: PricewaterhouseCoopers
UN Sustainable Development Goals
- SDG 5 (Gender Equality)
- SDG 8 (Decent Work and Economic Growth)
- SDG 13 (Climate Action)
Awards & Recognition
- EcoVadis Gold rating