Public Policy Holding Company, Inc.
Climate Impact & Sustainability Data (2023, 2024-01 to 2024-06)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social Capital
- Human Capital
- Governance
Social Achievements
- Launched Concordant, a corporate advisory firm designed to leverage policy expertise across the Group, enhancing cross-collaboration and sales to drive organic growth and unlock new client budgets.
- Continued focus on people, with very low employee attrition, while adding key talent in specialist areas including AI, aerospace and defense, technology and energy transformation.
Governance Achievements
- Undertook a materiality assessment to better understand the Company’s ESG-related risks and opportunities specific to our industry and corporate structure.
- Intends to create an “ESG Management Committee” to carry out the Board’s directives and report to the Board regularly on the Company’s ESG Implementation Plan and ESG issues that arise.
Climate Goals & Targets
Long-term Goals:
- The Group’s stated strategy is to maintain its core lobbying offering, which provides a high degree of client retention and strategic differentiation, whilst also growing related high-margin corporate communications and advisory capabilities.
Medium-term Goals:
- The Group expects organic revenue growth, on average, to be between 5% and 10%, supplemented by growth from M&A.
Environmental Challenges
- High interest rates, a drive for corporate efficiencies, war on two continents and political unrest around the world.
- Multiple government shutdown threats, an ousted House speakership, and what has been called the “most unproductive Congress in modern history” by Axios.
- Higher degree of client caution, project delays, and outright budget pull-back in the Public Affairs and research segment.
Mitigation Strategies
- Extensive congressional relationships and bipartisan approach have proven instrumental in navigating political unpredictability.
- Strategic acquisitions (KP Public Affairs in 2022 and MultiState Associates in 2023) have performed ahead of internal forecasts.
- Industry-leading client retention measures in the Public Affairs segment.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Awards & Recognition
- Two firms recognised by PR News as Agency Elite Top 100 firms.
- One firm named to PRNews Elite Top 100 for the third consecutive year.
- One firm awarded as a “Best Place to Work” by PR Week.
- Six awards from the Public Relations Society of America – California Capital Chapter.
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Reduced CO2 emissions by 7,865 metric tons per year through a renewable energy project (supported by CRS)
Social Achievements
- Launched the California Water Resilience Initiative (CWRI) in collaboration with the Pacific Institute, the World Environment Center and Ecolab, engaging over 60 organizations.
- Established the Residential Freehold Association (RFA) to represent UK professional freeholders, engaging with the UK Government and Parliament.
Governance Achievements
- Ensured accuracy in lobbying disclosures for a multinational corporation through MultiState's compliance system, avoiding penalties.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Revenues organically growing 5 to 10% each year
- Incremental growth from future M&A
- EBITDA margin between 25% and 30%
Short-term Goals:
- Establish Group presence in key global markets to unlock referral nexus into global corporate budgets
Environmental Challenges
- California's new law impacting restaurant service fees, potentially harming pay equity and business.
- Inaccurate lobbying disclosure statements filed by a prior vendor for a multinational corporation.
- Need for funding to decarbonize manufacturing operations for a large domestic manufacturer.
Mitigation Strategies
- Introduced a new bill to protect restaurant service fees, passing with unanimous approval.
- Implemented a new process for gathering lobbying activity and auditing disclosure statements, ensuring accuracy.
- Secured up to 50% federal funding for a $51.2M renewable energy project through the Department of Energy’s Industrial Decarbonization Program.
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