Climate Change Data

Environmental Metrics

Social Achievements

• Various initiatives around COVID-19, competitive benefits & compensation, attracting and retaining talent, supporting learning & development across the network, promoting Diversity & Inclusion, increasing employee engagement, and ensuring workplace safety.

Governance Achievements

• Received credit upgrades from both major rating agencies. Ended all material legacy uncapped earnouts.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic's impact on business activities, weakened economic conditions, and significant economic uncertainty.
• Reduction in client spending and changes in client advertising, marketing and corporate communications requirements.
• Inability to realize expected benefits of the combination of the Company’s business with the business of MDC.
• Material weaknesses in internal control over financial reporting.
• Data security incidents resulting from unauthorized access to our and our service providers’ systems and unauthorized acquisition of our data and our clients’ data.
• Extensive data privacy laws and regulations.
• Geopolitical tensions (such as the ongoing military conflict between Russia and Ukraine).

Mitigation Strategies

• Actions implemented at the onset of the pandemic to successfully work through the effects of COVID-19 on our business.
• Investing in core digital platforms and introducing proprietary SaaS and DaaS marketing technology products.
• Pursuing complementary acquisition opportunities to bolster existing assets.
• Consolidating real estate footprint to lower leasing costs and improve collaboration.
• Implementing shared services across the Company, eliminating redundancies, scaling operational resources in lower cost markets, and third-party spend recapture.
• Investing in systems, policies and personnel to comply with data privacy laws.
• Shuttering an under 10-person office in Russia and ending affiliate partnerships in Russia.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Governance
• Social
• Human Rights

Social Achievements

• Implemented policies and measures to prevent harassment, discrimination, and bullying.
• Commitment to providing a safe, orderly, diverse, and tolerant work environment.

Governance Achievements

• Established a whistleblower hotline for reporting ethical violations.
• Implemented a Code of Conduct to guide ethical decision-making.

Climate Goals & Targets

Environmental Challenges

• Potential conflicts of interest
• Harassment and bullying
• Procurement fraud
• Insider trading
• Bribery

Mitigation Strategies

• Policies and procedures to address conflicts of interest.
• Zero-tolerance policy for harassment and bullying with reporting mechanisms.
• Procurement guidelines to prevent fraud.
• Insider trading policy and education.
• Strict anti-bribery policies and compliance with relevant laws.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Formal bidding process

Climate-Related Risks & Opportunities