Vercity Group
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Governance
- Planet
- People
- Prosperity
Environmental Achievements
- 77% Reduction in gas consumption per annum (360,000 kWh to 80,000 kWh) in a secondary school boiler replacement project, resulting in a 57-tonne CO2eq reduction.
- Significant reductions of paper and other waste from Vercity offices due to enhanced electronic data storage systems and hybrid working arrangements.
- Recycling of redundant IT equipment via a specialist supplier.
Social Achievements
- Ranked in the Top 50 Most Inclusive Workplaces in 2021 and 2022.
- 2335 hours of community volunteering per year (UK) through an annual Volunteer Day for each employee.
- Partnership with the National Centre for Diversity (NCfD) to launch a two-year action plan to further develop Equality, Diversity and Inclusion.
Governance Achievements
- Adherence to policies and terms of reference, monitored by the Executive Board and reviewed annually by the independent Chair, CEO, and Group Finance Director.
- Certified to ISO 9001, ISO 14001, ISO 45001, and ISO 55001.
- Implementation of Modern Slavery Act Policy Statement with a zero-tolerance approach to suppliers engaging in modern slavery practices.
Climate Goals & Targets
Long-term Goals:
- Operational Net Zero by 2050
Environmental Challenges
- Reducing direct Greenhouse Gas Emissions from business travel and commuting.
- Mitigating risks of IT failure and cyber-attack to business continuity.
Mitigation Strategies
- Active monitoring of procurement and business activities to reduce environmental impacts.
- Investment in IT systems and cybersecurity, achieving Cyber Essential certification.
- Implementation of security systems including Mimecast, Microsoft InTune, Samsung Knox, Symantec, and Zscaler.
Supply Chain Management
Responsible Procurement
- Ethical transparent evaluation techniques applied to supplier selection.
- Preference for reputable and registered companies, formally vetted and approved by an Executive Board director.
- Use of SMEs where possible to support local economies and reduce carbon footprint.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: World Economic Forum's Four Pillars
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 55001, Cyber Essential
UN Sustainable Development Goals
- Nine of the United Nations Sustainable Development Goals
Awards & Recognition
- Partnerships Award Silver (2020)
- Investors in Diversity accreditation