Climate Change Data

FDM Group (Holdings) plc

Climate Impact & Sustainability Data (2019, 2020, 2021, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:1836 tCO2e/year
Scope 1 Emissions:187 tCO2e/year
Scope 2 Emissions:2567 tCO2e/year
Scope 3 Emissions:31182 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:6.8 tCO2e per £ million Mountie revenue

ESG Focus Areas

  • Diversity and Inclusion
  • Social Mobility
  • Environmental Sustainability

Environmental Achievements

  • Reduced emissions intensity by 27%
  • Considerable reduction in staff business travel
  • Opened new Academy in carbon-neutral Barangaroo development, Sydney

Social Achievements

  • Continued investment in training Academies
  • Over 900 university events attended
  • Launched a new Buy As You Earn share plan for all employees
  • Increased Getting Back to Business headcount by 14%
  • Improved gender pay gap (median -1.7%, mean 1.3%)
  • Numerous awards received for diversity and inclusion initiatives

Governance Achievements

  • Fully adopted the 2018 UK Corporate Governance Code
  • Appointed two new Non-Executive Directors
  • Enhanced employee engagement
  • Improved Board diversity (33% women)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Challenging conditions in certain markets (Brexit uncertainty)
  • Reduced demand from UK Government Ministerial Departments
  • Ongoing investment costs in Sydney Academy
  • Potential impact of Coronavirus on operations
Mitigation Strategies
  • Flexible business model
  • Diversification of client base and service offerings
  • Strong cash and financial position
  • Business continuity plan updated for Coronavirus
  • Continued investment in training and talent development

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Anti-Slavery and Human Trafficking policy, due diligence on key suppliers

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

  • Goal 8: Decent Work and Economic Growth
  • Goal 5: Gender Equality
  • Goal 12: Responsible Consumption and Production

Initiatives supporting career development, gender equality, and environmental sustainability

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Social Mobility Employer Index Top 75
  • JobCrowd Top 100 Companies for Graduates
  • Women in Tech Female Grad Tech Employer of the Year
  • Military Times Best for Vets Employer
  • Numerous other awards

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:888 tCO2e/year (location based); 820 tCO2e/year (market based)
Scope 1 Emissions:648 tCO2e/year
Scope 2 Emissions:1,188 tCO2e/year
Scope 3 Emissions:428 tCO2e/year
Total Energy Consumption:1,882,187 kWh/year
Carbon Intensity:3.3 tCO2e per £million revenue in 2020

ESG Focus Areas

  • Diversity and Inclusion
  • Social Mobility
  • Environmental Sustainability
  • Employee Wellbeing

Environmental Achievements

  • Reduced global emissions by 52% (888 tCO2e in 2020 vs 1,836 tCO2e in 2019), achieving an average impact of 3.3 tCO2e per £million revenue (vs 6.8 tCO2e in 2019). This reduction is attributed to significant reductions in travel and other office emissions due to COVID-19 restrictions.
  • Switched electricity supply to 100% renewable energy at several sites (Glasgow, Leeds, Brighton, Frankfurt, and London from January 2021).
  • Reduced paper consumption by 82% year-on-year due to the introduction of a new paperless timesheet and billing system.

Social Achievements

  • Ranked in the Social Mobility Employer Index 2020: Top 75.
  • Launched Employee Networks to foster inclusivity and provide support.
  • Implemented initiatives to ensure employee wellbeing during the pandemic, including surveys and a social collaboration platform (Yammer).
  • Continued to support the Ex-Forces and Returners programmes.
  • Held 200 learning events with 1,447 participants, including diversity and inclusion training.

Governance Achievements

  • Maintained robust corporate governance in line with the 2018 UK Corporate Governance Code.
  • Expanded engagement with employees and institutional shareholders.
  • Implemented a new Directors’ Remuneration Policy (to be approved at the AGM).

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting new Mountie placements, onboarding delays, and early termination of some placements.
  • Increased number of unallocated ('beached') Mounties.
  • Reduced client demand in some sectors.
  • Macro-economic uncertainty and potential global economic downturn.
Mitigation Strategies
  • Successfully transitioned to remote working and training.
  • Flexed recruitment in response to changing client demand.
  • Implemented new processes to manage and retrain 'beached' Mounties (Agile Pods).
  • Maintained a robust balance sheet and strong cash position.
  • Developed new service offerings and training innovations.

Supply Chain Management

Responsible Procurement
  • Pre-contract due diligence process with new suppliers.
  • Standard contractual clauses reinforcing compliance with FDM’s policies and values.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Streamlined Energy and Carbon Reporting (SECR), GRI, UN Women’s Empowerment Principles (UNWEP)

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 12 (Responsible Consumption and Production)

FDM's initiatives contribute to these goals through inclusive recruitment, diversity and inclusion programs, sustainable business practices, and employee development.

Awards & Recognition

  • Social Mobility Employer Index 2020: Top 75
  • CBE awarded to Sheila Flavell
  • Computer Weekly’s ‘Most Influential Women in UK tech’ Hall of Fame – Sheila Flavell
  • Other awards listed in the report

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:622 tCO2e/year (location-based); 569 tCO2e/year (market-based)
Scope 1 Emissions:218 tCO2e/year
Scope 2 Emissions:345 tCO2e/year
Scope 3 Emissions:62 tCO2e/year
Total Energy Consumption:1,688,635 kWh/year
Carbon Intensity:2.3 tCO2e per £ million of revenue (2021), 3.3 tCO2e per £ million of revenue (2020)

ESG Focus Areas

  • Social Mobility
  • Diversity and Inclusion
  • Climate Change
  • Employee Wellbeing
  • Environmental Sustainability

Environmental Achievements

  • Reduced greenhouse gas emissions by 30% (location-based) and 31% (market-based) compared to 2020. Scope 1 emissions reduced by 27%, Scope 2 by 12%, and Scope 3 by 47%.
  • Switched Cottons Centre (London) to 100% renewable electricity from July 1, 2021.
  • Significant reduction in paper usage due to new timesheet and billing system.

Social Achievements

  • Ranked in Social Mobility Foundation Employer Index 2021 Top 75.
  • Received numerous awards recognizing diversity and inclusion initiatives.
  • UK mean gender pay gap of 0.5% (2020: 0.4%), median gender pay gap of -9.6% (2020: -2.1%).
  • Introduced paid Mountie training in the UK from July 2021.
  • Enhanced all-employee Buy As You Earn share plan.

Governance Achievements

  • Met Hampton-Alexander Review target for women on the board (33%).
  • Strengthened efforts to reduce environmental impact and develop response to climate-related risks and opportunities.
  • Developed Carbon Reduction Plan (to be published in first half of 2022).

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050.
Medium-term Goals:
  • Reduce Scope 3 greenhouse gas emissions by 62% per employee by 2030 (from 2020 baseline).
Short-term Goals:
  • Reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 (from 2020 baseline).

Environmental Challenges

  • Pandemic-related disruptions and challenges.
  • Balancing supply and demand of Mountie resources.
  • Increased risk of cyber-attacks.
  • Climate change impacts (physical and transition risks).
Mitigation Strategies
  • Agile business model and remote working capabilities.
  • Robust recruitment and training processes.
  • Strong IT security measures and Business Continuity Plan.
  • Carbon Reduction Plan, diversification of client base and geographies, and development of skills to help clients address climate change challenges.

Supply Chain Management

Responsible Procurement
  • Pre-contract due diligence on key suppliers to ensure compliance with anti-slavery and human trafficking policies.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather, rising sea levels
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and services, helping clients transition to renewable energy.

Reporting Standards

Frameworks Used: TCFD, SECR, UN SDGs

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

FDM's initiatives contribute to these goals through inclusive recruitment, diversity and inclusion programs, sustainable business practices, and climate action initiatives.

Awards & Recognition

  • Social Mobility Foundation Employer Index 2021: Top 75
  • The JobCrowd Top 50 Companies For Graduates To Work For 2021
  • British Ex-Forces in Business Awards 2021 – Employer of the Year
  • Other awards listed on page 5

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:3207 tCO2e (market-based)
Scope 1 Emissions:62 tCO2e
Scope 2 Emissions:112 tCO2e
Scope 3 Emissions:3033 tCO2e
Renewable Energy Share:58% of electricity consumed
Total Energy Consumption:1457533 kWh
Carbon Intensity:9.7 tCO2e per £ million of revenue

ESG Focus Areas

  • Climate change
  • Diversity, Equity, and Inclusion
  • Social Mobility
  • Employee Wellbeing
  • Responsible Supply Chain

Environmental Achievements

  • Reduced Scope 1, 2 and 3 greenhouse gas emissions per employee to 0.48 tCO2e (2021: 0.49 tCO2e)
  • Frankfurt centre electricity sourced from 100% renewable energy

Social Achievements

  • Established a new Consultant Experience team focused on career enhancement and community
  • Improved ranking in the Social Mobility Employer Index 2022
  • Launched a Technology Traineeship program in Australia
  • Increased investment in Ex-Forces and Returners programs
  • Increased investment in apprenticeships program

Governance Achievements

  • Climate-related financial disclosures aligned with TCFD recommendations
  • SBTi validated carbon reduction targets
  • Achieved a B rating from CDP

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Reduce Scope 3 greenhouse gas emissions by 62% per employee by 2030 from a 2020 base year
  • Achieve net zero emissions across all scopes by 2050
Short-term Goals:
  • Reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 from a 2020 base year

Environmental Challenges

  • Macro-economic uncertainty in several operating regions
  • Increased competition for talent
  • Cybersecurity threats
  • Balancing supply and demand of Consultant resource
Mitigation Strategies
  • Robust planning, budgeting, and forecasting
  • Flexible business model
  • Strong balance sheet and significant cash balances
  • Investment in recruitment and development programs
  • Enhanced cybersecurity and information safeguarding capabilities
  • Flexible training model
  • Resource management meetings
  • Diversification of customer base and service offerings

Supply Chain Management

Responsible Procurement
  • Pre-contract due diligence process with new suppliers
  • Standard contractual clauses to reinforce compliance with policies and values

Climate-Related Risks & Opportunities

Physical Risks
  • Riverine flood risk
Transition Risks
  • Increased cost of capital
  • Transitioning to low emissions technology
  • Risk of non-compliance with environmental regulation
Opportunities
  • Opportunities in climate-related consulting
  • Energy savings
  • Renewable energy
  • Increased competitive advantage in the market

Reporting Standards

Frameworks Used: TCFD, SBTi, CDP

Certifications: ISO 27001 (IT Security)

Third-party Assurance: PricewaterhouseCoopers LLP

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 10 (Reduced Inequalities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

FDM's initiatives contribute to these goals through inclusive recruitment and training, promotion of gender equality, sustainable business practices, and commitment to reducing carbon emissions.

Awards & Recognition

  • Australian HR Awards Finalist
  • Australia’s Top 100 Graduate Employer
  • Defence Employer Recognition Scheme – Gold Award
  • Military Times: Best for Vets Employers 2022 (USA)
  • Vets Indexes Recognized Employer (USA)
  • Nottingham Trent University: Industry Placement Provider of the Year Winner 2021/22
  • West Yorkshire Apprenticeship Awards: Diversity & Inclusion Award Winner 2022
  • GradConnection’s Top100 (Hong Kong)
  • UK Social Mobility Awards: Recruitment Programme of the Year 2022 (Finalist/Silver award)
  • GradConnection’s Top100 (Australia)
  • Social Mobility Employer Index – The Top 75

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4441 tCO2e/year
Scope 1 Emissions:103 tCO2e/year
Scope 2 Emissions:109 tCO2e/year
Scope 3 Emissions:4229 tCO2e/year
Renewable Energy Share:64% of total energy use
Total Energy Consumption:1767533 kWh/year
Carbon Intensity:13.3 tCO2e per £ million of revenue

ESG Focus Areas

  • Social Mobility
  • Diversity & Inclusion
  • Gender Equality
  • Climate Change
  • Environmental Sustainability

Environmental Achievements

  • Improved data collection on Scope 3 emissions from suppliers, resulting in more accurate reporting.

Social Achievements

  • Improved ranking in the Social Mobility Foundation Employer Index (34th in 2023, up from 48th in 2022).
  • Launched various initiatives to promote diversity, equity, and inclusion, including Women in Tech Wednesdays, She Lives Tech initiative, and IamRemarkable sessions.

Governance Achievements

  • Continued compliance with the 2018 UK Corporate Governance Code.
  • Review of the 2024 UK Corporate Governance Code and consideration of its implications.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050.
Medium-term Goals:
  • Continue to diversify client base and service offerings.
Short-term Goals:
  • Reduce absolute Scope 1 and 2 emissions by 50% by 2030 from a 2020 base year.
  • Reduce Scope 3 emissions by 62% per employee by 2030 from a 2020 base year.

Environmental Challenges

  • Challenging market conditions due to macroeconomic and geopolitical uncertainties, leading to reduced client demand and Consultant placements.
  • Increased number of undeployed Consultants due to reduced client demand.
Mitigation Strategies
  • Reduced Consultant recruitment and training.
  • Active management of undeployed Consultants through reskilling, training in Skills Labs, and development of the Consultant Career Framework.
  • Strong focus on cash management and collection.

Supply Chain Management

Responsible Procurement
  • Due diligence on key suppliers to ensure compliance with anti-slavery and human trafficking policies.
  • Standard contractual clauses to reinforce sustainability requirements.

Climate-Related Risks & Opportunities

Physical Risks
  • Riverine flood risk
Transition Risks
  • Risk of not meeting Scope 1 and 2 targets
  • Cost of carbon pricing
  • Risk of failing to meet stakeholder expectations
Opportunities
  • Opportunities in climate-related consulting
  • Energy savings
  • Renewable energy
  • Increased competitive advantage

Reporting Standards

Frameworks Used: TCFD

Certifications: Tech Industry Gold (for ten training programs)

Third-party Assurance: PwC

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 10 (Reduced Inequalities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

FDM's initiatives contribute to these goals through inclusive recruitment, training programs, promotion of social mobility, environmental sustainability efforts, and commitment to reducing carbon emissions.

Awards & Recognition

  • Ranked 34th in Social Mobility Foundation Employer Index.
  • FTSE4Good Index constituent.
  • Various other awards and recognitions (listed on page 7).