ZOO Digital Group plc
Climate Impact & Sustainability Data (2022, 2023, 2024)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Reducing carbon footprint
- Zero Waste and recycling
- Health, Safety & Wellbeing of own workforce and freelancers
- Diversity, Equity & Inclusion
- Employee empowerment, training & upskilling
- Human Rights
- Growing new talent
- Contributing to global accessibility in entertainment
- Charitable support
- Innovation and R&D
- Bespoke client solutions
- Tech driven operational and economical efficiencies
- Ethics, Compliance & Transparency
- Data privacy and cyber security
- Supply chain engagement
- Industry & academic partnerships
Environmental Achievements
- Cloud-based software platforms give customers an energy and infrastructure efficient way of managing their dubbing services without the need for purpose-built studios, reducing Scope 2 and Scope 3 Greenhouse Gas emissions.
Social Achievements
- Launched ZOO Academy programme to bring more diverse talent into the industry.
- Launched ZOOgooders initiative, allowing all staff to spend two fully paid days a year to support a charity or local community project.
- Commissioned a comprehensive survey into DE&I across the ZOO workforce.
- Implemented an e-learning platform available to all staff to assist in building their work and life skills.
Governance Achievements
- Set up an internal Social Responsibility Committee responsible for formulating ESG policy, initiatives, and measurement of effectiveness of all ESG programmes.
Climate Goals & Targets
Environmental Challenges
- Maintaining consistently high levels of quality
- Ensuring security of client assets
- Delivering continuous availability
- Operating a large freelancer network
- Recruiting and retaining suitable staff
Mitigation Strategies
- Automated testing and system-driven workflow management
- Annual security audits and software features to prevent asset copying
- Redundant systems and disaster recovery programme
- System enhancements to attract freelancers and timely payment processes
- Ongoing initiatives to foster good staff engagement and competitive remuneration packages, hybrid working.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment
- Diversity, Equity and Inclusion
- Community Involvement
Environmental Achievements
- Developing and publishing Environmental policy; Reducing travel and carbon-intensive buildings through technology; Initiating carbon footprint calculation and reduction plan; Promoting recycling; Sourcing locally to reduce emissions; Reducing water consumption.
Social Achievements
- Launched ZOOgooders program, allowing staff two working days/year for charity; Partnered with RNIB and Braille Institute of America for accessibility; Increased internal communication and feedback opportunities; Launched diversity and inclusion survey and forums; Formed DIEB forum and Employee Resource Groups (ERGs); Increased promotion of international awareness days; Investing in female leadership development programs; Promoting apprenticeship programs.
Governance Achievements
- Established social responsibility committee; Published purpose statement, Environment statement, Innovation statement, and Diversity Equity and Inclusion statement; Formalized ESG strategy; Implemented succession planning process; Improved shareholder engagement.
Climate Goals & Targets
Long-term Goals:
- Become the entertainment industry’s most trusted globalisation service provider; Eliminate environmental footprint.
Medium-term Goals:
- Achieve revenue of $400 million by 2030; Increase market share from 6% to 14% by 2030; More than double revenues in India in FY24; Establish hubs in key territories.
Short-term Goals:
- Double volunteering hours from ZOOgooders program; Extend IT equipment recycling scheme to US; Increase number of ERG spaces; Continue investing in female leadership development programs.
Environmental Challenges
- Short-term market disruption and lower volumes due to major streaming companies' strategic reviews and US writers' and actors' strikes; High volume of content requiring localisation while maintaining quality and meeting tight deadlines; Shortage of talent in certain disciplines and languages.
Mitigation Strategies
- Adjusting cost base to reduce impact of industry slowdown; Investing in international hubs to increase capacity; Leveraging technology to enhance efficiency and consistency; Implementing systematic approach combining human expertise and technological tools; Securing competent teams of linguists and QCers; Utilizing ZOOsubs glossary for consistent terminology; Streamlining localisation workflow; Improving communication and collaboration; Partnering with traditional dubbing studios and businesses; Initiatives through ZOO Academy to address talent shortage; Developing online courses and training programs.
Supply Chain Management
Responsible Procurement
- Ensuring suppliers have a responsible attitude to the environment; Optimizing systems to simplify freelancer work; Processing and paying supplier invoices promptly.
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:128 tCO2e/year (Scope 2)
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:128 tCO2e/year
Total Energy Consumption:625,434 kWh/year
ESG Focus Areas
- Diversity, Equity, and Inclusion
- Environmental Sustainability
- Community Engagement
Environmental Achievements
- Initiated recycling of IT equipment (100% in UK, aiming for US expansion)
- Reduced environmental footprint through technology-first approach, minimizing travel and carbon-intensive buildings
Social Achievements
- Launched employee volunteering program (ZOOgooders), providing two paid days annually for community service
- Expanded ZOO Academy partnerships to 50 across 25 countries, addressing media localization talent shortage
- Developed Employee Resource Groups (ERGs) to foster diversity and inclusion
Governance Achievements
- Adherence to the Quoted Company Alliance’s Corporate Governance Code
- Regular board evaluations and succession planning
- Transparent communication with shareholders and stakeholders
Climate Goals & Targets
Environmental Challenges
- 55% revenue decrease to $40.6 million due to Hollywood strikes and industry realignment
- Slower-than-anticipated industry recovery
- Heightened competition for resources and talent
Mitigation Strategies
- Restructured organization and reduced cost base by 24.5%
- Accelerated expansion in India (Chennai facility)
- Closer dialogue with customers to inform future plans
- Secured new subtitling and dubbing mandates
Supply Chain Management
Responsible Procurement
- Working with environmentally responsible suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Awards & Recognition
- APAC Netflix Preferred Fulfilment Partner of the year