Centaur Media Plc
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:2341 tCO2e (market-based)
Scope 2 Emissions:6 tCO2e (market-based)
Scope 3 Emissions:2335 tCO2e (market-based)
Total Energy Consumption:261,019 kWh
Carbon Intensity:0.15 tCO2e per £m revenue (market-based)
ESG Focus Areas
- Climate change
- Employee development and diversity
- Community investment
Environmental Achievements
- Reduced Scope 2 emissions by 68% (location-based) and 54% (market-based) compared to 2021 baseline; Reduced Scope 2 and 3 (market-based) emissions by 65% compared to 2021 baseline; Moved to smaller London office, reducing energy consumption and carbon footprint.
Social Achievements
- Launched LOVE award to celebrate employees embodying company values; Established Kaizen working groups to improve key processes; Held Wellness Fortnight with various wellbeing sessions; Supported Shooting Star Children’s Hospices, Crisis, Macmillan Cancer Support, and Turkish Earthquake Appeal; Launched new development programs: The Leadership Forum and the Manager Forum.
Governance Achievements
- Continued to improve climate-related financial information reporting; Established a Climate Steering Committee; Improved processes around declaring Directors’ interests and identifying potential conflicts; Implemented mandatory training for all employees on Security, GDPR and Anti-Bribery and Corruption.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions (target year to be determined)
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Market headwinds impacting non-strategic revenue; Customer caution due to uncertain macroeconomic and geopolitical conditions; Delays by customers for Econsultancy Training and Advisory services; Slight decrease in Influencer Intelligence renewal rates; Shortfalls in sponsorship at The Lawyer events; Economic downturn impacting Really B2B and Design Week.
Mitigation Strategies
- Focused on higher quality revenue streams from blue-chip customers; Implemented cost management measures; Developed new customer-centric products; Closed Really B2B and Design Week; Developed new content for The Lawyer; Implemented flexible reward structures to retain and recruit top talent; Reduced central costs and carbon footprint by moving to a smaller office.
Supply Chain Management
Responsible Procurement
- Negotiations with suppliers at a Group level
Climate-Related Risks & Opportunities
Physical Risks
- Flooding, extreme heat, storms
Transition Risks
- Reputation, policy, law and regulation, technology
Opportunities
- Digital strategy, sustainable events policy, climate-related content
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO/IEC 27001:2013
Sustainable Products & Innovation
- Enhanced digital products and services