Robert Walters plc
Climate Impact & Sustainability Data (2016, 2022, 2023)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:4,269 tCO2e/year (net 0 after offset)
Scope 1 Emissions:538 tCO2e/year
Scope 2 Emissions:2,175 tCO2e/year
Scope 3 Emissions:1,556 tCO2e/year
ESG Focus Areas
- People
- Clients & Candidates
- Communities & Culture
- Environment
Environmental Achievements
- Scope 1 & 2 mandatory emissions per head are down to 1.15 from the 2013 base year revised number of 1.37, a decrease of 16%
- Whole of Robert Walters’ Group operations were carbon balanced through a partnership with the Woodland Trust and a Carbon Balanced programme in Vietnam via World Land Trust
Social Achievements
- Charitable donations of £57,000
- Global Charity Day raised £113,000
- Supported various charities across the globe (Dress for Success, Youngcare, Fundación Atresmedia, The Alzheimer’s Society Ireland, Capuchin Day Centre, Our Lady’s Hospice, Hotel Heppie, The Children Are Us Foundation, Club Rainbow, Anbe Sivam Charity Home, China Children and Teenagers’ Fund, SF-Marin Food Bank)
- Diversity policy forms a critical part of our staff induction programme and all employees participate in our diversity workshops
Governance Achievements
- Implemented a policy to ensure that there will be an equal gender quota for any future long list for a Board appointment
- No significant SEE risks were identified during 2016
- Continued FTSE4Good status since 2008
Climate Goals & Targets
Short-term Goals:
- Reduce CO2e per head emissions by 20% across the Group by 2023, from a FY 2013 baseline
Environmental Challenges
- Economic environment: Job availability and candidate confidence impacting recruitment transactions
- Business model: Competition risk varying across regions, emergence of new technology platforms
- People management: Recruiting and retaining talented individuals, limited skills supply in emerging markets
- Brand and reputation: Risk of impact from failure to maintain high-quality service levels
- Laws and regulations: Compliance with numerous domestic and international laws and regulations
- Technology: Reliance on technological infrastructure, risk of system disruption or data loss
- Foreign exchange: Unfavorable movements in foreign exchange rates impacting translation of overseas operations
Mitigation Strategies
- Geographic diversification (28 countries), development of contract and Resource Solutions businesses
- Development of strong commercial relationships with clients, monitoring social media trends
- Linking bonuses to profitability, long-term incentive schemes, investment in employee training and development, succession planning, international career opportunities
- Quality control standards, candidate and client satisfaction surveys, ‘Contact us’ email address
- Legal department working with external advisors, thorough review of contractual terms and conditions, escalation process for non-standard contracts
- Comprehensive IT security policy, regular reviews, secure data storage, employee training, Business Continuity Plan
- Minimizing transactional exposure, no material net foreign exchange exposures, regular sensitivity analysis
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: FTSE4Good
Certifications: ISO 14001 (24% of employees in certified locations)
Awards & Recognition
- Best National Recruitment Agency at the National Online Recruitment Awards
- Top 3 most socially engaged recruiters on LinkedIn
- HRM Asia Readers’ Choice Award for best HR tech (Talentsource)
- Readers’ Choice Award for best client experience
- Top 30 professional services company of the year (Spain)
- Best international recruitment company (Japan)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:0 tCO2e (net)
Scope 1 Emissions:563 tCO2e
Scope 2 Emissions:1,096 tCO2e
Scope 3 Emissions:1,286 tCO2e
Total Energy Consumption:5,627,708 kWh
Carbon Intensity:0.00 tCO2e per head (net)
ESG Focus Areas
- Engaging our workforce
- Enhancing our equity, diversity and inclusion (ED&I) initiatives
- Responding to a sustainable world of work
- Reducing our environmental impact
- Supporting our communities
- Being a responsible business
Environmental Achievements
- Scope 1 and 2 GHG emissions were down 21% on the previous year
- Business travel emissions reduced by 40% per head
- Offset more than 2,945 tonnes of CO₂ emissions in 2022 through World Land Trust
- Planted 18,990 trees in collaboration with the World Land Trust
Social Achievements
- 82% of employees completed the global employee engagement survey, with an overall engagement index of 79%
- Launched a new global leadership development programme in Resource Solutions
- Launched Recruiter Academy, with over 50 participants in 2022
- Launched Rejoin programme to support professionals returning to the workforce
- 75% of employees said they feel a sense of belonging
- Launched two new regional ED&I councils, bringing the total to eight globally
- Launched e-guides on gender, ethnicity, age, disability and socio-economic inclusion
- Delivered Recruitment Inclusivity Audit to clients including AXA, Phoenix Group and NHS Kings College Hospital Foundation Trust
- Assisted over 1,000 Ukrainians find new jobs through goodjob
- Helped over 100,000 Ukrainians find new educational opportunities through goodjob
- Made over 300 mentor/mentee matches through goodjob
Governance Achievements
- Joined the UN Global Compact
- Named a finalist in ESG Investing’s ESG Reporting Awards 2022
- Established ESG Committee in 2021, which met six times in 2022
- Incorporated environmental targets into Executive Directors’ KPIs
Climate Goals & Targets
Long-term Goals:
- Percentage of company cars that are hybrid or electric vehicles in the UK and EU (60%) by 2035
- Offices where we have control over energy sources to use renewable energy (100%) by 2035
Medium-term Goals:
- Global leaders (Associate Directors and above) that identify as female (50%) by 2025
- Percentage of Non-executive Board members that identify as female (40%) by 2025
- Reduction per head in business travel emissions (30%) by 2030
- Number of trees planted (100k+) by 2030
- Lives positively impacted (400k) by 2030
- Reach net zero across Scope 1 and 2 GHG emissions by 2040
Short-term Goals:
- Maintain or increase employees completing the global employee engagement survey (82%+)
- Employees feel aligned to our company purpose (80%)
- Overall employee engagement index score (80%)
- Employees promoted per annum (17.5%)
- Employees feel a sense of belonging at the Group (80%+) by 2025
- Percentage of promotions awarded to those identifying as female (50%+) in 2023
- Increase number of engagements by clients, candidates and employees with our ESG thought leadership by 10%
- Launch the Employee Sustainability Proposition Audit in 2023
- Record amount raised on Global Charity Day (£151.5k)
- Amount donated to charities through corporate donations (£420.9k)
- Percentage of the Group’s 31 countries that participated in Global Charity Day (100%)
- Charities supported and impacted by our people in 2022 (70)
- People mentored by our employees (300+)
- Ukrainians assisted to find new jobs through goodjob (1k+)
- Ukrainians supported to find new educational opportunities through goodjob (10k)
- Best Arts and Culture Programme (Gold) and Best Collaboration for a Single Event (Silver) at the Corporate Engagement Awards for our UK New Artist of the Year Awards programme in 2022
Environmental Challenges
- Rising energy costs
- Talent attraction and retention in a changing climate
- Enhanced carbon reporting obligations
- Acute asset damage from extreme weather
- Climate impact on physical work conditions
- Climate-related cost of living crisis
Mitigation Strategies
- Commitment to choosing low-carbon and renewable energy, targeting 100% use of renewable energy by 2035
- Commitment to reducing total energy consumption
- Embedding purpose throughout business activities and into the employee value proposition (EVP)
- Regular review of climate-related corporate reporting and disclosures
- Geographically diversified operations and disaster recovery processes
- Provision of remote working capabilities
- Wellbeing of our people is a high priority. The Group has management and HR support available in all locations to assist employees in managing productivity and wellbeing in offices where climate has an impact on working conditions.
- Competitive remuneration and benefits packages
- Global Employee Assistance Programme (EAP)
Supply Chain Management
Responsible Procurement
- Zero-tolerance policy for bribery and modern slavery
- Ethical behavior required of all suppliers
- Prompt payment and mutually beneficial contractual terms
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (e.g., floods)
- Impact on physical work conditions
Transition Risks
- Rising energy costs
- Talent attraction and retention
- Enhanced carbon reporting obligations
- Climate-related cost of living crisis
Opportunities
- Helping stakeholders adapt to climate change and the transition to a sustainable economy
- Increased demand for green skills
Reporting Standards
Frameworks Used: TCFD, UN Global Compact
Certifications: ISO 14001, Clear Assured bronze status, L-boshi certification (Japan), Level 2 Disability Confident Committed
Sustainable Products & Innovation
- Employee Sustainability Proposition Audit
Awards & Recognition
- Finalist in ESG Investing’s ESG Reporting Awards 2022
- Women Back to Work DE&I award
- TIARA Awards MENA Best Recruitment Company to Work For award
- Great Place to Work® in Japan
- Best Arts and Culture Programme (Gold) and Best Collaboration for a Single Event (Silver) at the Corporate Engagement Awards
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:3101 tCO2e/year (2023)
Scope 1 Emissions:641 tCO2e/year (2023)
Scope 2 Emissions:1132 tCO2e/year (2023)
Scope 3 Emissions:1328 tCO2e/year (2023)
Renewable Energy Share:32% (2023)
Total Energy Consumption:6,158,722 kWh/year (2023)
Carbon Intensity:0.65 tCO2e per head (2023)
ESG Focus Areas
- Engaging our workforce
- Enhancing our equity, diversity and inclusion (ED&I) initiatives
- Responding to a sustainable world of work
- Reducing our environmental impact
- Supporting our communities
- Being a responsible business
Environmental Achievements
- Total Group emissions reduced in 2023 against the base year by 39%
- Percentage of offices that use 100% renewable energy sources in 2023: 32%
- Reduction in business travel emissions per head on the 2019 base year: 43%
- Number of trees planted since our plant a tree programme launched in 2020: 61k
- Percentage of company cars that are hybrid or electric vehicles in the UK and EU in 2023: 47%
- Percentage of offices where single-use plastics have been eliminated in 2023: 80%
Social Achievements
- 86% of employees completed the employee engagement survey (up from 82% last year), with 79% feeling aligned to the company purpose.
- 73% of employees felt a sense of belonging (down 2% from last year).
- Launched ESG for HR consultancy service.
- Percentage of promotions awarded to those identifying as women in 2023: 59%
- Amount raised through Global Charity Day fundraising in 2023: £139k
- Amount donated to charities through corporate donations in 2023: £339k
Governance Achievements
- Accepted as a participant of the United Nations Global Compact.
- Named runner-up in the Best Company for Social Responsibility (Small Cap) category at the Corporate ESG Awards 2023.
- Listed as a constituent member of the FTSE4Good Index for the 15th consecutive year.
- Executive remuneration linked to ESG targets: 5% bonus opportunity, 10% LTIPS opportunity
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2040 across Scope 1 and 2 GHG emissions
Medium-term Goals:
- Reach net zero across Scope 1 and 2 GHG emissions by 2040
- Offices where we have control over energy sources to use renewable energy by 2035: 100%
- Reduction per head in business travel emissions by 2030: 30%
- Number of trees planted by 2030: 100k+
- Percentage of company cars that are hybrid or electric vehicles in the UK and EU by 2035: 60%
Short-term Goals:
- Employees feel a sense of belonging at the Group by 2025: 80%+
- Global leaders (Associate Directors and above) that identify as women by 2025: 50%
- Eliminate single-use plastic across all offices globally by the end of 2024
Environmental Challenges
- Difficult recruitment market conditions and global economic and political uncertainty impacting employee sense of belonging.
- Rising energy costs.
- Younger talent increasingly aligning personal purpose with employer’s purpose.
- Enhanced carbon reporting obligations.
- Acute asset damage from extreme weather events.
- Climate impact on physical work conditions.
Mitigation Strategies
- Reviewed and improved benefits packages in each region.
- Further understanding of ‘belonging’ at the Group.
- Wellbeing awareness and education tools and resources.
- Commitment to choosing low-carbon and renewable energy, targeting 100% use by 2035.
- Reducing total energy consumption.
- Embedding purpose throughout business activities and into the employee value proposition (EVP).
- Annual review of climate-related corporate reporting and disclosures.
- Geographically diversified operations and disaster recovery processes.
- Provision of remote working capabilities.
- Management and HR support available to assist employees in managing productivity and wellbeing.
Supply Chain Management
Responsible Procurement
- Environmental Code of Conduct for suppliers
- Sustainability Policy Statement
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (floods)
- Climate impact on physical work conditions
Transition Risks
- Green skills gap
- Client pressure to decarbonise
- Climate migrants and brain drain
- Rising energy costs
- Enhanced carbon reporting obligations
- Talent attraction and retention
Opportunities
- Increased demand for green skills
- Support clients in achieving their ESG objectives
- Growth in sustainable and ESG-aligned investment and skills
Reporting Standards
Frameworks Used: TCFD, UN Global Compact
Certifications: ISO 14001, ISO 9001, ISO 45001, Achilles Network Silver, Cyber Security Certified, ConstructionLine Social Value Certificate
Sustainable Products & Innovation
- ESG for HR consultancy service
- Recruit-Train-Deploy programme
Awards & Recognition
- Runner-up in Best Company for Social Responsibility (Small Cap) at Corporate ESG Awards 2023
- Finalist in ESG Related Charity Partnership of the Year at 2023 ESG Awards
- Product Innovation of the Year: Software, Systems and Services at the edie Awards 2023 (for Recruitment Inclusivity Audit)
- Innovation of the Year at the TALiNT International Annual Recruitment Awards (for ESG for HR solution)
- Best ESG Strategy at the HR Excellence Awards (for client partner Triodos Bank UK)