Climate Change Data

Environmental Metrics

ESG Focus Areas

• Talent Mobility
• Skills Gaps
• Workforce Diversity
• Migration Policies

Social Achievements

• Increased awareness of the upcoming talent crisis and the need for preventive actions.
• Development of recommendations for stimulating economies through fostering talent mobility.

Governance Achievements

• Engaged businesses and faculty in developing recommendations on facilitating talent mobility.
• Shared recommendations with governments.

Climate Goals & Targets

Environmental Challenges

• Global talent shortages due to demographic shifts and skills mismatches.
• Inefficiencies in the global talent market.
• Gaps in governance systems.
• Need for more effective collaboration among stakeholders.

Mitigation Strategies

• Increased talent mobility.
• Improved education and training.
• Redesigned migration policies.
• Global talent management processes.
• Public-private partnerships.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable business practice
• Talent Mobility
• Diversity and Inclusion
• Climate Change
• Community Investment

Social Achievements

• Increased diversity in the global talent pool
• Initiatives to train and develop local workers
• Focus on employee satisfaction and retention

Governance Achievements

• Collaboration between governments and businesses to remove barriers to mobility

Climate Goals & Targets

Environmental Challenges

• Global talent gap due to aging populations and declining birth rates
• Regulatory challenges related to immigration requirements and tax compliance
• Risks associated with advanced technology, including data privacy concerns
• Barriers to mobility due to family concerns, political strife, and underdeveloped infrastructure

Mitigation Strategies

• Collaboration between businesses and governments to address talent gaps
• Adoption of "destination pay and local plus" remuneration methodologies
• Use of technology to enhance mobility and automate compliance processes
• Initiatives to make less desirable destinations more appealing
• Development of sophisticated tax collection enforcement mechanisms

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Governance
• Data Privacy (GDPR)

Governance Achievements

• Established a robust governance structure with an independent board of directors and a dedicated Audit and Appointments Committee.
• Implemented a comprehensive internal control system and risk management framework.
• Complies with GDPR and maintains data security protocols.

Climate Goals & Targets

Environmental Challenges

• Currency exchange rate risk in emerging markets (India, Brazil, Mexico)
• Interest rate risk
• Credit risk
• Liquidity risk
• Cybersecurity risks
• GDPR compliance

Mitigation Strategies

• Use of forward contracts to hedge currency exchange rate risk.
• At least 60% of debt is referenced to fixed interest rates.
• Diversification of clients and countries to mitigate credit risk; creditworthiness analysis and credit limits.
• Centralized treasury management and weekly cash flow committee reviews.
• Periodic analysis and updates of IT security procedures.
• Compliance with GDPR through established protocols, controls, and audits; dedicated committees for GDPR implementation.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Lower than expected revenue in Q3 2023 across all metrics.
• Macroeconomic situation negatively impacting business, slowing down or postponing processes.
• Technological sector slowdown.
• Some new hires in 2023 did not meet expectations and left the company.
• Catenon Partners not reaching sufficient critical mass for corporate operations.
• Significant deviations from the business plan for investment in Scale You Up startup, resulting in full provisioning of the investment.

Mitigation Strategies

• Investment in technological platform and Revenue Managers team, including aggressive hiring to accelerate growth in 2024.
• Focus on hiring more senior Revenue Managers in 2024 to reduce risk and integration time.
• Integration of AI into Smapick platform to increase sourcing efficiency.
• Investment in TalentHackers proprietary platform (EUR 0.5m loan from CDTI) to accelerate technical resource integration, acquire strategic databases, and integrate open data sources.
• Strategic review of Catenon Partners.
• Initiated a process to repurchase the stake in Scale You Up.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed