The Sage Group plc.
Climate Impact & Sustainability Data (2020-10 to 2021-09, 2021-10 to 2022-09, 2022-10 to 2023-09, 2023-10 to 2024-09)
Reporting Period: 2020-10 to 2021-09
Environmental Metrics
ESG Focus Areas
- Digital inequality
- Economic inequality
- Climate change
Environmental Achievements
- Reduced Scope 1 and 2 emissions year-on-year against 2019 baseline
- Reduced business travel emissions due to the pandemic
Social Achievements
- Launched Connectr partnership to provide training and mentorship to disadvantaged young people
- Partnered with BOSS Network and ACE to support Black female entrepreneurs and minority-owned businesses in the US
- Partnered with Kiva to provide loans and grants to improve financial inclusion
- Offered 1,000 free training seats to non-profits
- Provided 22,055 volunteer days
Governance Achievements
- Improved gender balance in leadership teams
- Reduced UK gender pay gap
- Published first UK ethnicity pay gap data
- Developed an award-winning compliance training program with 90% completion rate and 21-point NPS improvement
Climate Goals & Targets
- Achieve Scope 1, 2 and 3 net zero emissions by 2040
- Achieve full compliance with TCFD recommendations by 2022
- Ensure all Sage offices have access to credible, certified renewable energy by 2030
- Reduce Scope 1, 2 and 3 emissions by 50% by 2030 against 2019 baseline
- Make all cloud products accessible to people with disabilities by 2025
Environmental Challenges
- Measuring Scope 3 emissions across the value chain
- Supporting SMBs in achieving ESG goals
- Addressing economic inequality and digital inequality
- Managing climate-related risks and opportunities
Mitigation Strategies
- Developed a three-year climate program including enhanced measurement, carbon abatement, low-carbon energy supply, and development of a Sustainability Hub
- Partnered with organizations to provide training, mentorship, and financial support to under-represented groups
- Developed a Privacy and Security Hub to build customer confidence in data security
- Implemented a four-stage approach to TCFD implementation: readiness, risk and opportunity screening, gap analysis, and stakeholder engagement
Supply Chain Management
Supplier Audits: Piloted a supplier evaluation program in 2021
Responsible Procurement
- Sustainability questionnaire for new suppliers
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Damage to facilities from extreme weather
- Service disruptions from weather events affecting hosting services
Transition Risks
- Reputational damage if climate targets are not met
- Changing customer behaviors affecting demand for energy-consuming products
- Increased carbon pricing
Opportunities
- Development of low-carbon products
- Enhanced reputation as a sustainability leader
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UN Global Compact
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
The three pillars of the Sustainability and Society strategy align with several UN SDGs
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Glassdoor’s 2021 Best Places to Work (four countries)
- Comparably awards for Best Company Global Culture, Best Company Leadership, Best Company for Career Growth, Best Company for Compensation, and Best Company for Work-Life Balance
Reporting Period: 2021-10 to 2022-09
Environmental Metrics
ESG Focus Areas
- Climate change
- Data protection and security
- Proper use of customer data
- Attracting and retaining talent
- Energy efficiency and low-carbon operations
- Innovation to support customers
- Business ethics
- Diversity, equity and inclusion of the workforce
- Tax transparency
Environmental Achievements
- Reduced 2022 emissions by 3% compared with 2021, driven by a reduction in property and home-working related emissions.
- Increased renewable energy provision by 100% since 2019 (45% of total electricity consumption from renewable sources in FY22).
- Acquired Spherics (rebranded Sage Earth), a carbon accounting software solution for SMBs.
Social Achievements
- Improved Employer Brand Index score to 8.08 out of 10 in FY22.
- Recruited 45 colleagues via Pathways programme in FY22 (87.5% increase from 2021).
- Sage Foundation raised $1,044,665 for global non-profits in FY22.
- Launched a UK and Ireland Menopause Policy.
- Launched a new US Parental Leave Policy offering 18 weeks of paid leave.
Governance Achievements
- Submitted Science Based Target to SBTi in June 2022.
- Updated Supplier Code of Conduct to include sustainability as a core principle.
- Integrated ESG as a Principal Risk and part of the Long Term Incentive Plan targets.
- Appointed an EVP for Sustainability and Foundation and established a team of ESG subject matter experts.
- Strengthened reporting against regulatory and voluntary frameworks (GRI 2016 Standards Core option and SASB, TCFD reporting, UN SDGs).
Climate Goals & Targets
- Achieve net zero emissions by 2040.
- Halve Sage's carbon emissions by 2030.
- Launch SBCA KPI Benchmarking Tool in second half of FY23.
- Achieve full WCAG 2.1 grade AA by 2025 for all cloud products.
Environmental Challenges
- SMBs face significant barriers to decarbonising (lack of time, costs, complex reporting, uncertainty about quantifying emissions).
- Data gaps in Scope 3 reporting.
- Maintaining data security in an ever-changing threat landscape.
Mitigation Strategies
- Developed Sustainable Supply Chain Strategy.
- Joined CDP Supply Chain Programme.
- Launched Trust and Security Hub for SMBs.
- Acquired Sage Earth to help SMBs measure and cut their carbon footprint.
- Investing in data compliance and governance, data ethics.
Supply Chain Management
Responsible Procurement
- Updated Supplier Code of Conduct.
- ESG evaluation process for new suppliers.
- Supplier engagement programme for existing suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option, SASB Sustainability Accounting Standard for the Software and IT Services Industry
UN Sustainable Development Goals
- Goal 5
- Goal 8
- Goal 10
- Goal 13
- Goal 17
Initiatives aligned with SDGs through mapping exercise.
Sustainable Products & Innovation
- Sage Earth
Reporting Period: 2022-10 to 2023-09
Environmental Metrics
ESG Focus Areas
- Climate change
- Cyber security and data privacy
- Diversity, equity, and inclusion
- Innovation to empower customers and SMBs
- Colleague development and retention
- Digital equality
- Data and AI ethics
- Local communities
- Business conduct
- Governance effectiveness
- Human rights
- Pollution
- Resource use and circular economy
- Tax and regulatory compliance
- Water and marine resources
- Wellbeing and colleague health and safety
Environmental Achievements
- Reduced total location-based emissions by 5.1%
- Increased renewable energy share to 68%
- Reduced energy intensity by 6.0 MWh/Revenue
Social Achievements
- Launched Data and AI Ethics Principles and policy
- Increased colleague success network membership to 18%
- Improved Glassdoor DEI score to 4.3
Governance Achievements
- Implemented Sustainable Supply Chain Strategy
- No confirmed incidents of corruption
- No legal actions for anti-competitive behavior
Climate Goals & Targets
- Net zero emissions by 2040
- 50% emissions reduction by 2030
- Not disclosed
Environmental Challenges
- Data gaps in Scope 3 reporting
- Increasing accuracy of supplier-specific data
- Addressing data privacy and competitive advantage concerns in diversity reporting
Mitigation Strategies
- Used suppliers’ primary emissions data directly collected through the CDP Supply Chain questionnaire for 12 suppliers
- Continued to use the CDP Database to calculate supplier-specific emissions for a further 38 suppliers
- Improved data collection processes to reduce undisclosed gender in reporting
Supply Chain Management
Supplier Audits: 1,235 suppliers assessed
Responsible Procurement
- Supplier Code of Conduct
- D&B ESG assessment for new suppliers with spend over £25k
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, TCFD
Certifications: Null
Third-party Assurance: Bureau Veritas UK Limited, EcoAct
UN Sustainable Development Goals
- SDG 5: Gender equality
- SDG 8: Decent work and economic growth
- SDG 10: Reduced inequalities
- SDG 13: Climate action
- SDG 16: Peace, justice and strong institutions
Sage's initiatives contribute to these goals through various programs and strategies detailed in the report.
Sustainable Products & Innovation
- Sage Earth
Awards & Recognition
- BITC/Times Top 50 Employers Gender Equality List
Reporting Period: 2023-10 to 2024-09
Environmental Metrics
ESG Focus Areas
- Climate change
- Cyber security and data privacy
- Diversity, equity, and inclusion
- Innovation to empower customers and SMBs
- Colleague development and retention
- Digital equality
- Data and AI ethics
- Local community investment and support
- Biodiversity and ecosystems
- Business conduct
- Governance effectiveness
- Human rights
- Pollution
- Resource use and circular economy
- Tax and regulatory compliance
- Water and marine resources
- Wellbeing and colleague health and safety
Environmental Achievements
- Reduced market-based emissions by 0.3% in FY24 and 16.6% since 2019 baseline
- Launched a low-emission commuting and lift-sharing pilot
- Launched a personal carbon tracker app for colleagues
- Used the planetary boundaries approach to assess nature-related risks
- Launched Sage Earth Benchmarking Services
- Increased renewable energy share to 54%
Social Achievements
- Launched the Sage Career Returners programme
- Sage Foundation exceeded its target of 34,000 underserved entrepreneurs by supporting 38,029
- Sage Foundation exceeded its target of 33,000 people by equipping 37,353 individuals with skills
- 41% of teams meeting gender diversity target (34% in FY23)
- Improved inclusion score to 77.67
Governance Achievements
- Established a Global Risk Committee to oversee ESG Principal Risk
- Developed a Human Rights Charter
- All colleagues received mandatory training on Code of Conduct
Climate Goals & Targets
- Net zero emissions
- Achieve representation of no more than 60% of men, women, or non-binary people in any leadership team by end of FY26
- Not disclosed
Environmental Challenges
- Higher electricity "grid" emissions across France, Canada, and South Africa related to use of sold products
- Increased supply chain capital expenditure
- Increase in business travel
- Data gaps in Scope 3 reporting
Mitigation Strategies
- Continuously reviewing data collection processes
- Using suppliers’ primary emissions data (CDP Supply Chain questionnaire)
- Developing methodology for data improvement
- Engaging with material suppliers to obtain more data
Supply Chain Management
Supplier Audits: 1,020 suppliers assessed (30% of total spend)
Responsible Procurement
- Supplier sustainability requirements
- Dun & Bradstreet (D&B), EcoVadis, SBTi, or CDP platforms screening
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards, SASB Sustainability Accounting Standard for the Software and IT Services Industry, TCFD, UN SDGs
Certifications: ISO 27001
Third-party Assurance: Bureau Veritas UK Limited
UN Sustainable Development Goals
- Goal 5: Gender equality
- Goal 8: Decent work and economic growth
- Goal 10: Reduced inequalities
- Goal 13: Climate action
- Goal 16: Peace, justice and strong institutions
Initiatives contributing to these goals are detailed in the UN SDGs index section of the report.
Sustainable Products & Innovation
- Sage Earth Benchmarking Services
Awards & Recognition
- Forbes Top Employer for Women
- FT Diversity Leaders 2024