Climate Change Data

DWF Group plc

Climate Impact & Sustainability Data (2021, 2022-05 to 2023-04)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Environmental Challenges

  • Lack of standardization and benchmarking of environmental reporting
  • Western-centric perspectives on ESG in the developing world
  • Difficulty communicating successes in driving positive ESG-focused change
  • Balancing environmental needs with social consequences of restricting new gas developments
  • Need for improved communication of intentions and actions
  • Lack of benchmarking creates confusion over genuine action vs. greenwashing
Mitigation Strategies
  • Honest interrogation of environmental and social impacts across a company’s value chain
  • Development of a roadmap to continually reduce GHG emissions with a hard end-goal (preferably net-zero)
  • Third-party verification of measurements
  • Engagement with a broad selection of stakeholders
  • Addressing diversity & inclusion metrics
  • Maintaining beyond reproach governance

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-05 to 2023-04

Environmental Metrics

Total Carbon Emissions:2863.1 tCO2e/year
Scope 1 Emissions:178.3 tCO2e/year
Scope 2 Emissions:315.9 tCO2e/year
Scope 3 Emissions:2369.0 tCO2e/year
Renewable Energy Share:61.2% of total energy use
Total Energy Consumption:5874277 KWH/year
Waste Generated:12.7 tons/year

ESG Focus Areas

  • Climate Action
  • Diversity & Inclusion
  • Empowering colleagues and our communities
  • Supporting and connecting with our clients
  • Acting with Integrity
  • Building trust and increasing transparency

Environmental Achievements

  • 20% reduction in Scope 1 CO2 emissions compared with FY2021/22
  • 41% reduction in Scope 2 CO2 emissions compared with FY2021/22
  • 100% renewable electricity in Pune and Edinburgh offices
  • 90% on average waste was recycled
  • 394 pieces of IT equipment either recycled or reused by charitable organisations
  • 100% of operational sites have undertaken an environmental risk assessment
  • Zero instances of non-compliance with environmental laws

Social Achievements

  • Launched a new menopause support policy
  • 13% overall ethnic minority representation achieved against a target of 2025
  • DWF Foundation celebrating the milestone achievement of distributing over £1 million in grants to charitable causes
  • Introduction of new D&I characteristics data for care giving and social mobility in the UK
  • 100% of all our manager training programmes now contain D&I content
  • 110+ members in our global D&I Leadership Group across 11 countries
  • 1,627 hours pro bono recorded
  • £151,031.99 through the DWF foundation supporting 99 charities
  • 8,674 hours volunteering recorded

Governance Achievements

  • Updated Code of Business Conduct to reinforce ESG & Sustainability strategy
  • Established a consultancy-led advisory practice dedicated to supporting clients on Sustainable Business & ESG risk and opportunity factors
  • Recruited a Head of ESG Operations to oversee day to day performance, governance and reporting

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Reduce emissions across Scope 1, 2 and 3 by 50% by 2030
  • 40% Women on PLC and Exec Board by 2025
  • 40% of Senior roles held by women by 2025
  • 13% overall ethnic minority representation by 2025
  • 10% ethnic minority representation in senior roles by 2025
  • 3% Black representation in senior roles by 2025
Short-term Goals:
  • Reduce water consumption by 10% by 2025 (Not explicitly stated but implied)

Environmental Challenges

  • Failure to reduce emissions
  • Failure to embed gender and ethnicity diversity
  • Failure to have an appropriate governance framework in place to manage and implement our ESG & Sustainability strategy
  • Improving data collection methodology across all our carbon footprint reporting
  • Further development and investment needs to be made in senior levels across women, ethnic minority and black representation to be able to reach our 2025 targets
Mitigation Strategies
  • Recruited a Head of Sustainability to oversee our carbon reduction strategy
  • D&I included within all manager training programmes, quarterly reporting provided to divisional leaders to help measure performance, better data capture, investment in new technology to understand data on a global scale
  • Recruited a Head of ESG Operations to oversee day to day performance, governance and reporting, investing in new technology to support accountability and ownership across the Group via performance dashboards, and more transparent reporting
  • Introducing further internal controls and review processes to gain comfort over the accuracy and completeness of data inputs
  • Continuing to refine data collection processes to reduce reliance on modelling and extrapolation
  • Further development and investment needs to be made in senior levels across women, ethnic minority and black representation to be able to reach our 2025 targets. This is being supported by our ten D&I priorities we will be focusing on in FY2023/24.

Supply Chain Management

Supplier Audits: 259/year

Responsible Procurement
  • Supplier Code of Conduct (includes expectations on Human Rights, Health and Safety, Responsible Supply Chain Management, Diversity and Inclusion, Business integrity and Climate Action and Environmental Management)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN Global Compact

Certifications: ISO 14001, ISO 27001, ISO 9001

UN Sustainable Development Goals

  • SDG 5
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 13
  • SDG 16

The report mentions alignment with several UN SDGs throughout, but lacks specific details on how initiatives contribute to each goal.

Sustainable Products & Innovation

  • ESG e-learning modules for clients

Awards & Recognition

  • Responsible Business in Poland 2022: Good Practices