FDM Group (Holdings) plc
Climate Impact & Sustainability Data (2019, 2020, 2021, 2022, 2023)
Reporting Period: 2019
Environmental Metrics
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
- Not disclosed
- Not disclosed
- 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
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
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
- Net zero emissions by 2050.
- Reduce Scope 3 greenhouse gas emissions by 62% per employee by 2030 (from 2020 baseline).
- 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
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
- Net zero emissions by 2050
- 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
- 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
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
- Net zero emissions by 2050.
- Continue to diversify client base and service offerings.
- 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).