Climate Change Data

Forvis Mazars Group SC

Climate Impact & Sustainability Data (2022-09 to 2023-08)

Reporting Period: 2022-09 to 2023-08

Environmental Metrics

Total Carbon Emissions:117,638 tCO2e/year (market-based)
Scope 1 Emissions:4,281 tCO2e/year
Scope 2 Emissions:8,377 tCO2e/year (market-based)
Scope 3 Emissions:104,980 tCO2e/year
Renewable Energy Share:35% of total energy use
Total Energy Consumption:88,364 MWh/year
Water Consumption:184,726 m3/year
Waste Generated:10,351 tons/year
Carbon Intensity:4 tCO2e/employee (market-based); 49 kgCO2e/$000 revenue (market-based)

ESG Focus Areas

  • Climate Change
  • Diversity, Equity & Inclusion
  • Governance
  • Community Engagement
  • Employee Well-being

Environmental Achievements

  • Calculated group-wide carbon footprint for a second consecutive year.
  • Submitted group emissions reduction targets for validation to the SBTi.
  • Designed and launched implementation of a group-wide net zero plan.
  • Piloted new tools to help employees measure and reduce their carbon footprint.
  • Collaborated with suppliers to improve their climate practices.

Social Achievements

  • Deployed group-wide people survey to understand employee experiences.
  • Worked on deploying a group-wide people survey to understand employee experiences, aspirations and challenges.
  • Reviewed HR processes related to hiring, evaluation and promotion.
  • Facilitated knowledge sharing and best practices across countries.
  • Promoted thought leadership through internal and external campaigns.
  • Worked on a new DE&I governance structure and strategy.
  • 4,700+ employees engaged through volunteering and pro bono programmes.
  • €4.8m+ contributed through donations.

Governance Achievements

  • Embedded sustainability at the heart of decision-making at all organizational levels.
  • Introduced a new dashboard for leadership teams to measure non-financial performance.
  • Implemented a comprehensive enterprise risk management (ERM) strategy.
  • Integrated ESG risks into the broader business strategy and ERM framework.
  • Implemented robust procedures for monitoring and maintaining the highest standards of compliance with anti-bribery and corruption laws.

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions (target year not specified, but submitted to SBTi).
Medium-term Goals:
  • Achieve net zero emissions (target year not specified, but submitted to SBTi).
Short-term Goals:
  • Achieve 25% female partners by 2025.

Environmental Challenges

  • Supply chain disruptions due to geopolitical events and economic downturn.
  • Uncertain global outlook and fast-paced regulatory evolutions.
  • Male-dominated industry requiring more progress to accelerate gender balance.
  • Lack of choice in a vital, concentrated market.
  • Scope 3 emissions representing a significant source of emissions.
Mitigation Strategies
  • Developed ambitious emissions reduction targets (submitted to SBTi).
  • Designed and launched implementation of a group-wide net zero plan.
  • Developed a personal carbon footprint app and net zero toolkit.
  • Strengthened stakeholder engagement framework.
  • Reviewed HR processes, facilitated knowledge sharing, and promoted thought leadership.
  • Implemented a new DE&I governance structure and strategy.
  • Implemented a comprehensive enterprise risk management (ERM) strategy.
  • Integrated ESG risks into the broader business strategy and ERM framework.
  • Implemented a Group supplier code of conduct and enhanced ESG standards for top-tier suppliers.
  • Developed a suite of assurance and advisory services to support clients on their ESG transformation journey.

Supply Chain Management

Responsible Procurement
  • Group supplier code of conduct.
  • Due diligence checks on potential and existing suppliers.
  • Enhanced ESG standards for top-tier suppliers.
  • Inclusion of ESG conditions in all contracts.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts

Reporting Standards

Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standard, GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard

Certifications: ISO 27001 (Atlas NextGen platform)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 10 (Reduced Inequalities)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 17 (Partnerships for the Goals)

The report details how various initiatives contribute to these goals.

Awards & Recognition

  • Kununu Top Company (Austria)
  • LEAD MAMFORCE standard (Croatia)
  • Happy Trainees label (France)
  • HRKOMM Award nomination (Hungary)
  • Second-best employer in Romania (financial services sector)
  • Best Company to Work For in Asia (Singapore)
  • Best Company to Work For in South Africa
  • Top five employers in audit industry in Ukraine