Climate Change Data

Randstad N.V.

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Employability
  • Equal Opportunities
  • Diversity & Inclusion
  • Health & Safety
  • Corporate Citizenship
  • Sustainable Supply Chain Management
  • Environmental Care

Environmental Achievements

  • Reduced paper consumption through digitalization initiatives (e.g., DocuSign, electronic remuneration statements)
  • Increased use of renewable energy sources (e.g., 100% renewable energy in some offices)
  • Reduced business travel due to increased use of video conferencing

Social Achievements

  • Reached 10,900 refugees through various training and mentoring programs (surpassing the target of 1,000)
  • Provided customized vocational training to almost 13,000 people through Randstad Boost
  • Launched various initiatives to improve employability in different countries (e.g., Randstad Impulsa in Spain, Transcend in the US)
  • Supported women survivors of homelessness and human trafficking through the Hire Hope program
  • Implemented various diversity and inclusion initiatives across different countries (e.g., Business Resource Groups, diversity training, partnerships with NGOs)

Governance Achievements

  • Established a Global EDI&B Council to drive the EDI&B agenda
  • Signed various charters and commitments related to diversity and inclusion (e.g., Diversity Charter, Talent to the Top charter)
  • Implemented policies to promote gender equality and women's empowerment

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • Net Zero CO2 emissions by 2030 (Belgium)

Environmental Challenges

  • Youth unemployment, particularly in countries like Italy
  • Finding the right talent for vacancies
  • Addressing systemic racism and discrimination
  • Integrating refugees and immigrants into the labor market
  • Climate change and its impact on the supply chain
Mitigation Strategies
  • Developed various programs to improve employability and skills development (e.g., Randstad Boost, Randstad Impulsa, Transcend)
  • Partnered with NGOs and government agencies to support vulnerable groups
  • Implemented diversity and inclusion initiatives to create a more equitable workplace
  • Developed sustainable supply chain management practices
  • Committed to net-zero emissions by 2050 and implemented various environmental initiatives

Supply Chain Management

Responsible Procurement
  • Randstad Group Supplier Code
  • Global Supplier Code (Argentina)
  • Supplier Code (Germany)
  • US Supplier Code (US)

Climate-Related Risks & Opportunities

Awards & Recognition

  • Global Business Alliance Award (GBA)
  • American Staffing Association (ASA) Elevate Award Honorable Mention Distinction
  • Freedom Council Impact Award in Excellence and Commitment by the Alliance for Freedom, Justice, and Restoration (AFRJ)
  • Disability:IN Best Places to Work Award
  • National Organization on Disability Leading Disability Employer Award
  • Randstad Employer Brand Award
  • Fair-ON-Pay+ certificate (Switzerland)
  • Employer with Heart (Poland)
  • Bronze employer in the India Workplace Equality Index 2021
  • 100 on the Human Rights Campaign Corporate Equality Index

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:224.2 thousand tCO2e/year (2022)
Scope 1 Emissions:59.7 thousand tCO2e/year (2022)
Scope 2 Emissions:1.8 thousand tCO2e/year (2022)
Scope 3 Emissions:164.6 thousand tCO2e/year (2022)

ESG Focus Areas

  • Improving Employability
  • Promoting Equal Opportunities
  • Contributing to Sustainable Labor Markets
  • Sustainability Fundamentals (Health and Safety, Corporate Citizenship, Environmental Protection)

Environmental Achievements

  • Reduced Scope 2 emissions by 84% (2021-2022)
  • Increased Scope 3 emissions by 12% (2021-2022)
  • Achieved 100% renewable energy in Belgium

Social Achievements

  • Placed 13,024 candidates with disabilities (2022)
  • Provided job support to 18,818 refugees (2022)
  • Launched Randstad RiseSmart’s contemporary solutions to workforce challenges, impacting over 60,000 participants
  • Launched Randstad US Transcend program, providing reskilling, mentorship, and job placement services to over 100 participants
  • Launched Randstad Argentina's program in Barrio Mugica, adding more than 70 new employees from the community
  • Randstad India recognized as one of the top 50 best workplaces for women
  • Randstad Offshore, India recognized as one of the top 50 best workplaces for women

Governance Achievements

  • Published gender and ethnicity pay gaps and developed action plans to tackle underrepresentation in the UK
  • Implemented a global roadmap with several initiatives focusing on various ED&I pillars
  • Established an anti-harassment procedure in France
  • Achieved 94 points out of 100 on the French equality thermometer

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Short-term Goals:
  • Reduce emissions by over 50% across scope 1 & 2 and over 30% in scope 3 by 2030

Environmental Challenges

  • Supply chain disruptions
  • High unemployment rate for people with disabilities in Australia
  • High youth unemployment in Italy
  • Challenges in supporting Hungarian immigrants due to work permit issues
  • High suicide rate among Australian construction workers
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Partnered with Get Skilled Access in Australia to remove barriers to employing people with disabilities
  • Launched Randstad Education in Italy to focus on the transition from education to work
  • Created a Ukrainian subsite with relevant jobs and hired a Ukrainian-speaking colleague in Hungary
  • Partnered with Mates in Construction in Australia to reduce suicide rates in the construction industry

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct (Germany)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Science Based Targets initiative (SBTi)

Certifications: ISO 14001 (Italy, Spain, Norway), BREEAM (Belgium)

UN Sustainable Development Goals

  • SDG 8 (Decent Work and Economic Growth)
  • SDG 10 (Reduced Inequalities)

Initiatives contribute to these goals through improved employability, equal opportunities, and sustainable labor markets.

Awards & Recognition

  • Global Business Alliance Award (GBA)
  • American Staffing Association (ASA) Elevate Award Honorable Mention Distinction
  • Freedom Council Impact Award in Excellence and Commitment by the Alliance for Freedom, Justice, and Restoration (AFRJ)
  • QLD Minister of Multicultural Affairs Award (Australia)
  • Disability:IN Best Places to Work Award (US)
  • National Organization on Disability Leading Disability Employer Award (US)
  • Diversity Inc’s Top Companies for People With Disabilities (PWD) #5 (US)
  • Fair-ON-Pay+ certificate (Switzerland)
  • Inclusive Employer Brand 2021-2023 (Portugal)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:231.9 (thousand tCO2e)
Scope 1 Emissions:57.0 (thousand tCO2e)
Scope 2 Emissions:1.2 (thousand tCO2e)
Scope 3 Emissions:174.9 (thousand tCO2e)
Renewable Energy Share:99%

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Occupational Health & Safety
  • Working Conditions
  • Training & Education
  • Other Work-Related Rights
  • Business Ethics
  • Policy & Industry Involvement
  • Data Security & Privacy

Environmental Achievements

  • 99% of electricity came from sustainable sources (2022: 96%)
  • 15% of company car fleet are sustainable vehicles (2022: 8%)
  • 12% decrease in total CO2e footprint (compared to 2019)

Social Achievements

  • Improved the work lives of 20,000 refugees through job placements or training (2022-2024 target met)
  • Placed 12,200 people with disabilities in meaningful employment (2022: 13,000)
  • Launched six new global business resource groups (BRGs) to promote EDI&B

Governance Achievements

  • Included in the Dow Jones Sustainability Index (DJSI) for the ninth year in a row
  • Updated misconduct reporting procedure to align with the EU Whistleblower Directive
  • Implemented a data ethics governance process, including a Data Ethics Board

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • 50% or more women in senior leadership positions by 2030
  • 50% reduction in Scope 1 and 2 and 30% reduction of Scope 3 CO2e emissions by 2030 vs 2019
Short-term Goals:
  • Improve the work lives of 50,000 refugees by training 10,000 and placing 40,000 in jobs (2023-2025)

Environmental Challenges

  • Moderating client demand
  • Talent scarcity
  • Challenging macroeconomic conditions
  • Geopolitical tensions
  • Data privacy breaches
  • Complex and changing tax and labor regulations
  • Climate change impacts on operations and talent availability
Mitigation Strategies
  • Adjusted teams and cost base
  • Partner for Talent strategy focusing on specialization and equity
  • Activity-based field steering (ABFS) model for operational excellence
  • Investments in global front office systems and talent platform
  • Rigorous policies and procedures for data protection
  • Global Risk & Control framework
  • Net-zero ambition with science-based targets
  • Business continuity plan for extreme weather events
  • Global health & safety policy

Supply Chain Management

Supplier Audits: 43% of procurement expenditure covered by supplier code (2022: 31%)

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions impacting service delivery, employee health & safety, and talent availability
Opportunities
  • Expansion of service offerings in green economy sectors

Reporting Standards

Frameworks Used: IIRC Integrated Reporting (IR) framework, GRI Universal Standards, UN Global Compact

Third-party Assurance: Limited assurance report by auditors (excluding EU Taxonomy disclosures)

UN Sustainable Development Goals

  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 10
  • SDG 13

Randstad's initiatives contribute to these SDGs through various programs and activities related to education, gender equality, economic growth, reducing inequality, and climate action.

Awards & Recognition

  • Included in DJSI World and Europe indices for ninth consecutive year
  • Gold sustainability rating by EcoVadis
  • AA rating by MSCI ESG
  • Awarded as a top 50 company for diversity by Fair360 (formerly DiversityInc)