Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Data security concerns in outsourced manufacturing and supply chain.
• High barriers to entry and a lag of innovation in digitizing analogue businesses.
• Scalability issues of small-scale AI technology in large clinical trials.
• Complexities of global supply chains, including geographic, cultural, legal, regulatory, and language barriers.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Funded the planting of nearly 8,000 trees.
• Submitted to the Science Based Targets initiative.
• Completely offset annual emissions by investing in carbon removal technology.
• Evolved supplier code of conduct to engage suppliers on their net zero targets.
• Increased B Corp score.
• Added four sub-categories to Scope 3 emissions measurement.
• Earned the Sustainability Changemaker 2023 Microsoft US Partner of the Year Award.
• All UK offices operate on 100% renewable energy.
• Avoided any waste going to landfill in the UK.
• 10% of global revenue contributed to clients' environmental and societal targets.

Social Achievements

• Launched IDEA (Inclusion, Diversity, Equity, and Awareness) program in every country of operation.
• Improved global gender pay gap from 18% to 9%.
• Published first UK Gender Pay Gap Report.
• Implemented new policies: Transitioning at Work, Travel for Medical Care, Medical & Surgical Leave.
• Conducted anti-racism training in the UK.
• 85% of Kin stated they can be themselves at work.
• Organized blood donation events, partnered with Volunteers of America, and contributed to community projects.
• Improved mental health support with Mental Health First Aiders and partnership with That Day.
• 77.4% of respondents feel comfortable talking openly about mental health.
• Increased ethnic minority representation in the US by seven percentage points to 35%.
• Improved diversity pipeline data collection rate to 65%.

Governance Achievements

• Consolidated health, safety, and environmental functions into one team.
• Conducted first double-materiality assessment.
• Improved collaboration across functions to improve non-financial KPI measurement and reporting.
• Updated 2023 Modern Slavery Statement and approved a group-wide modern slavery policy with associated employee training.

Climate Goals & Targets

Environmental Challenges

• Economic and political volatility across operating regions.
• Tensions between short-term business cycles and long-term ESG goals.
• Methodology challenges in tracking CO2e savings with clients.
• Achieving charitable commitment of donating 2% of net profit.
• Reaching global employees with awareness initiatives.
• Reconciling internal and UK Government gender pay gap measurement methodologies.
• Growth-by-acquisition strategy impacting pay gap target setting.
• Low candidate willingness to disclose diversity information.
• Need to achieve both technical accuracy and effective utilization of company policies.

Mitigation Strategies

• Innovative responsible business strategies to meet ESG demands.
• Double-materiality assessment to better account for externalities.
• Data-driven decision making.
• Resetting strategic philanthropic priorities.
• Launching IDEA quarterly forums, global calendar, and IDEA Bot.
• Improved data collection and analysis for gender pay gap reporting.
• Monitoring women's progression after performance management cycles.
• Improving accessibility in recruitment processes.
• Partnering with Leaders Plus for parental leave support.
• In-person training options for company policies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Evolved supplier code of conduct to engage suppliers on their net zero targets.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Client decarbonization

Reporting Standards

Frameworks Used: TCFD, B Corp

Certifications: B Corp

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Sustainability Changemaker 2023 Microsoft US Partner of the Year Award