PageGroup plc
Climate Impact & Sustainability Data (2020, 2021, 2022-10-01 to 2023-09-30, 2024-01 to 2024-06)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced carbon emissions by 18% compared to 2019 (5,287 tonnes CO2e)
- Offset 100% of reported CO2 emissions
- 81% reduction in paper usage in the UK (2018-2020)
- 77% reduction in paper consumption in Brazil (EcoPage initiative)
Social Achievements
- 68,000+ people placed into decent work through PageGroup placements
- 54,000+ people accessed social impact programmes
- Launched Hidden Talent initiative to reduce barriers for people with disabilities
- Supported Joblinge in Germany, coaching over 1,000 young adults
- Various community investment initiatives globally (e.g., charity runs, donations)
Governance Achievements
- Established a Sustainability Committee
- Submitted application to the UN Global Compact
- Achieved ISO 27001 accreditation for email
Climate Goals & Targets
- Positively change over 1 million lives in the ten years to 2030
- Become carbon net-zero by 2026
- Increase gender diversity in senior management to 50/50 by 2030
- Establish a meaningful global sustainability business by 2026
- Increase transparency of environmental impact by reporting industry-appropriate scope 3 carbon emissions data
- Analyse business against climate-related scenarios and prepare for TCFD reporting and science-based targets
Environmental Challenges
- COVID-19 pandemic impacting social impact initiatives and business travel
- Need to increase transparency of environmental impact and reporting
Mitigation Strategies
- Transitioned coaching and mock interviews to virtual sessions
- Increased GHG reporting from 2021, including business travel
- Engaging with CDP and preparing for TCFD reporting
Supply Chain Management
Responsible Procurement
- Ethical trading with suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events
Reporting Standards
Frameworks Used: GHG Protocol Corporate Reporting Standard, UN Global Compact
Certifications: ISO 27001
UN Sustainable Development Goals
- SDG 5: Gender equality
- SDG 8: Decent work and economic growth
- SDG 10: Reduced inequalities
- SDG 13: Climate action
Focus on SDGs where PageGroup can have the biggest impact through its business activities.
Awards & Recognition
- The Times Top 50 for Women 2020
- FT Diversity Leaders 2021
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Gender Equality
- Decent Work and Economic Growth
- Reduced Inequalities
- Diversity, Equity & Inclusion
- Social Impact
Environmental Achievements
- Converted 57 offices to renewable energy, bringing the total to 68 (53% of offices) powered by renewables.
- Reduced scope 1 and scope 2 emissions by 22% year-on-year.
- Reduced total scope 1, 2, and 3 emissions by 17% year-on-year (from 10,131 tCO2e to 8,396 tCO2e).
- Offset 100% of reported emissions.
Social Achievements
- Positively impacted 114,000 lives through social impact programs.
- Placed 101,000 individuals into roles.
- Donated £197,000 in corporate donations and employees donated a further £193,000.
- Partnered with various charities to support disadvantaged groups.
Governance Achievements
- Established a Sustainability Committee.
- Linked 5% of CEO and CFO bonuses to sustainability targets.
- Linked debt facility to sustainability targets.
- Achieved ISO 27001 accreditation for information security.
Climate Goals & Targets
- Positively change over one million lives by 2030.
- Become Carbon Net Zero with the ambition of becoming carbon positive by 2026.
- Increase gender diversity within senior management to 50/50 by 2030.
- Continue to engage with suppliers and customers on reducing supply chain carbon emissions.
- Increase the transparency of our environmental impact by reporting industry-appropriate scope 3 carbon emissions data.
Environmental Challenges
- Reducing supply chain carbon emissions.
- Transitioning entire workforces to a greener economy.
- Addressing inequalities exacerbated by Covid-19.
Mitigation Strategies
- Engaging with suppliers and customers on emissions reduction.
- Partnering with clients to support workforce transition to green economy.
- Investing in initiatives targeting social disadvantage.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events
Transition Risks
- Workforce transition to green economy
Opportunities
- Recruitment of sustainability professionals
Reporting Standards
Frameworks Used: UN Global Compact, TCFD
Certifications: ISO 27001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 5 (Gender Equality)
- Goal 8 (Decent Work and Economic Growth)
- Goal 10 (Reduced Inequalities)
- Goal 13 (Climate Action)
Initiatives contribute to these goals through various programs and partnerships.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- FT Diversity Leaders 2021 Top 100
Reporting Period: 2022-10-01 to 2023-09-30
Environmental Metrics
ESG Focus Areas
- Climate Change
- Social Impact
- Governance
Environmental Achievements
- 61% of offices powered by renewable energy
- Scope 1 & 2 emissions decreased by 15%
- Achieved a B CDP score for the second year running
Social Achievements
- 133,575 lives positively changed
- 45% female representation in leadership roles (2% increase)
- Launched several social impact initiatives (Hidden Talent, Empowering Talent), partnering with various charities
Governance Achievements
- Established a meaningful global sustainability business with 78% y-o-y growth in net fees
- Submitted science-based targets to achieve Net Zero across the full value chain by 2050
- Implemented EcoVadis supplier platform for ESG risk and compliance management
Climate Goals & Targets
- 95% reduction in absolute Scope 1 & 2 GHG emissions by 2050
- 90% reduction in absolute Scope 3 emissions by 2050
- Net Zero across full value chain by 2050
- 60% reduction in absolute Scope 1 & 2 GHG emissions by 2030
- 25% reduction in absolute Scope 3 emissions from purchased goods and services and business travel by 2030
Environmental Challenges
- Increases in business travel and commuting offsetting emission reductions
- Need to further reduce Scope 3 emissions from purchased goods and services and business travel
Mitigation Strategies
- Updated global guidance on necessary business travel and permitted modes of travel
- Launched a global Commuting Survey to understand employee commuting habits and develop a strategy to support low-carbon commuting
- Collaboration with suppliers to reduce emissions from products and services
Supply Chain Management
Supplier Audits: 45% of key suppliers reviewed annually using EcoVadis
Responsible Procurement
- Implementation of EcoVadis supplier platform
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, UNGC, TCFD
Certifications: ISO 27001
Third-party Assurance: ERM Certification and Verification Services Limited
UN Sustainable Development Goals
- 1
- 2
- 3
- 4
- 5
- 7
- 8
- 9
- 10
- 12
- 13
- 15
- 16
- 17
PageGroup's activities contribute to these SDGs through core business and sustainability initiatives.
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
ESG Focus Areas
- Changing lives through placements and social impact programs
- Increasing the proportion of women in leadership roles
- Decreasing Scope 1 & 2 emissions
- Increasing net fees from sustainability business
Environmental Achievements
- Decreased Scope 1 & 2 emissions by 15% vs 2022 (as of 2023)
- Science Based Targets initiative approved near and long-term science-based emissions reduction targets, including verification of our net-zero science-based target by 2050
Social Achievements
- Changed 134,000 lives in 2023 through placements and social impact programs
- Increased the proportion of women in leadership roles to 45%
- Changed over 60,000 lives in the year to date (H1 2024) and increased the number of people accessing our social impact programmes
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Net-zero emissions by 2050
- Not disclosed
- Not disclosed
Environmental Challenges
- Challenging market conditions across all regions with softening in activity levels, particularly in new jobs registered and number of interviews undertaken
- Low conversion rate of interviews to accepted offers due to subdued candidate and client confidence
- Permanent recruitment impacted more than temporary due to client preference for flexible options and candidate reluctance to change jobs
- Tougher trading conditions in 2024 leading to decreased conversion rate
Mitigation Strategies
- Reduced headcount throughout last year
- Intention to broadly hold fee earners at existing levels to capitalize on future opportunities
- Continuous review of cost base
- Investments in innovation and technology (Customer Connect, Page Insights, AI and automation tools)
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