Ebiquity plc
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:46.84 tCO2e/year (UK & Offshore)
Scope 2 Emissions:46.20 tCO2e/year (UK)
Scope 3 Emissions:0.65 tCO2e/year (UK)
Total Energy Consumption:220.20 MWh/year (UK & Offshore)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Launched ESG strategy across all markets in September 2021
- Commissioned a third party to measure environmental impact across top six markets in 2021
- Implemented a global hybrid working policy to reduce office-based energy consumption and emissions from commuting
Social Achievements
- Introduced the ‘Bridging the Gap’ volunteering day, with 237 employees contributing nearly 1,500 hours
- Improved overall cultural health by nine percentage points, reaching 83% healthy/17% unhealthy
- Continued to monitor the diversity of interview panels for recruitment and candidate long/short lists
Governance Achievements
- Formalised and launched ESG strategy across all markets in September 2021
- Launched Responsible Media Investment solution
- Maintained continuous development approach to information security and data privacy issues since accreditation to TISAX in 2019
Climate Goals & Targets
Long-term Goals:
- Ensure energy is sourced from 100% renewables by 2025
- Extend environmental impact measurement initiative to all markets by the end of 2023
Medium-term Goals:
- Expand the number and membership of ERGs
- Prioritise diversity training for all members of the Executive Leadership Team by the end of April 2022
Short-term Goals:
- Improve to 80/20 cultural health (healthy:unhealthy values) in 2021 (achieved 83/17)
Environmental Challenges
- Measuring environmental impact across the global business and setting targets to reduce this impact
- Supply chain issues impacting the automotive sector
- Ongoing closure of agency offices due to the pandemic hindering FirmDecisions' onsite audit operating model
Mitigation Strategies
- Commissioned McGrady Clarke to support measurement of environmental impact across top six markets
- Appointed sustainability champions in each market to coordinate with stakeholders and drive change
- Transferred more work from onshore country teams to the near-shore Media Operations Centre
Supply Chain Management
Responsible Procurement
- Aim to buy 100% recycled paper products
- Favour more environmentally friendly and efficient products
- Aim to source locally produced and manufactured products
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Responsible Media Investment solution
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:53.76 tCO2e (UK only)
Scope 2 Emissions:52.69 tCO2e (UK only)
Scope 3 Emissions:1.07 tCO2e (UK only)
Total Energy Consumption:276.82 MWh (UK only)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Measured Scope 1-3 emissions across top six markets (81% of business)
- Implemented hybrid working policy to reduce energy consumption and commute emissions
- Developed business travel guidance to prioritize virtual meetings
- Began analysis of supply chain to incorporate sustainability criteria into supplier selection
Social Achievements
- Continued support for employee-driven Employee Resource Groups (ERGs)
- Launched a 24/7 anonymous Q&A platform for employee concerns
- Transitioned to Agile Performance Management for improved employee performance and retention
- Made a one-off cost of living compensation payment to employees in high-cost markets
- Organized a 'Bridging the Gap' volunteering day, contributing 3,900 hours to communities globally
Governance Achievements
- Approved the Modern Slavery Statement and updated policies on handling inside information and share dealing
- Provided anti-bribery training for staff and regular cybersecurity training for all employees and board members
- Achieved FSQS (Financial Services Qualification System) accreditation
Climate Goals & Targets
Long-term Goals:
- Achieve net zero emissions
Medium-term Goals:
- Achieve net zero emissions
Short-term Goals:
- Reduce water usage
- Reduce paper usage
- Source 100% renewable energy by 2025
Environmental Challenges
- Scope 3 emissions account for over 90% of total emissions
- Business travel constitutes a significant portion of carbon consumption
- Supply chain emissions need further analysis and reduction strategies
- Rising costs of living impacting employees
- Disruptions in China due to zero-Covid policy
Mitigation Strategies
- Hybrid working policy
- Business travel guidance
- Supply chain analytics and sustainability criteria in supplier selection
- One-off cost of living compensation payment
- Planning pathway to net zero emissions
Supply Chain Management
Responsible Procurement
- Incorporating sustainability criteria into supplier selection
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022
Certifications: ISO 14001 (printing company)
Sustainable Products & Innovation
- Responsible Media Investment (RMI) solution
- Advanced TV solution
- Media Emissions Measurement solution