Chime Group Holdings Limited, Chime Group Limited, VCCP Group LLP and CSM Sport and Entertainment LLP
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Modern Slavery
- Human Trafficking
- Responsible Sourcing
- Supply Chain Ethics
Social Achievements
- Revised ethics statements and adopted them at a divisional level for VCCP and CSM Sport & Entertainment.
- Adopted a Group-wide Responsible Sourcing Policy.
- Updated and expanded supplier questionnaires based on the 8 principles of the Responsible Sourcing Policy.
- Revised and expanded the use of a compliance tool for pre-contract due diligence.
- Improved supply chain monitoring through investment in technology, leading to more efficient procurement and a reduction in the number of suppliers.
Governance Achievements
- Board of Directors and Audit Committee responsible for strategic direction, including risk management related to slavery and human trafficking.
- Internal audit, risk, and compliance teams verify compliance and report directly to the Board.
Climate Goals & Targets
Short-term Goals:
- Continued focus on ensuring suppliers respond in full to questionnaires.
Environmental Challenges
- Understanding risks further down the supply chain.
- Ensuring full responses to supplier questionnaires.
Mitigation Strategies
- Continued focus on ensuring supplier responses to questionnaires.
- Focus on areas with higher perceived risks, particularly in geographies with less established supplier relationships.
- Continued review of policies and processes to ensure no forced labor or slavery is present.
Supply Chain Management
Responsible Procurement
- Know Your Clients and Suppliers Policy
- Group-wide Responsible Sourcing Policy
- Supplier onboarding questionnaires aligned with Responsible Sourcing Policy principles
- Compliance tool for due diligence
- Measures to remove inactive suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Guiding Principles on Business and Human Rights