Adecco Group AG
Climate Impact & Sustainability Data (2015, 2016-2030, 2023)
Reporting Period: 2015
Environmental Metrics
Total Carbon Emissions:770,700 tCO2e (extrapolated)
Total Energy Consumption:66,465 MWh
ESG Focus Areas
- Team, Training & Development
- Diversity and equal opportunities
- Health & Safety
- Human & Labour Rights
- Environmental responsibility
- Integration
Environmental Achievements
- Reduced CO2 emissions through targeted projects; set an emission reduction target of 12% by 2022.
- Norway, Sweden and Spain Adecco branches achieved ISO 14001 certifications.
Social Achievements
- Win4Youth program raised USD 375,000 for eight foundations worldwide.
- Adecco Way to Work™ initiative supported over 1.2 million job seekers.
- Over 3,000 internship opportunities allocated globally.
- Adecco Group ranked 8th in the top 25 Best Multinational Workplaces in Europe.
Governance Achievements
- Implemented Adecco Group Compliance & Ethics (ACE) training program.
- Shareholders approved Maximum Total Amount of Remuneration for Board of Directors and Executive Committee.
- Developed Bribery & Corruption prevention and detection program.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions
Medium-term Goals:
- Achieve 30% renewable energy
Short-term Goals:
- Reduce water consumption
Environmental Challenges
- Youth unemployment (13% globally)
- Skills mismatch in the labor market
- Integrating vulnerable groups into the workforce
- Maintaining high associate satisfaction with short-term contracts
- Reducing environmental impact of operations
Mitigation Strategies
- Adecco Way to Work™ program (Street Day, internships, CEO for One Month)
- Various integration programs for vulnerable groups (immigrants, long-term unemployed, people with disabilities)
- Associate boards for feedback and engagement
- Environmental guidelines and initiatives to reduce CO2 emissions and resource consumption
- ACE training and reporting tool for ethical and legal compliance
Supply Chain Management
Supplier Audits: 60% of largest 25 suppliers responded to EcoVadis survey (2015-2016)
Responsible Procurement
- Supplier Code of Conduct (2012)
- EcoVadis collaboration for supplier sustainability ratings
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G4 Guidelines, UN Global Compact
Certifications: ISO 14001 (Norway, Sweden, Spain)
Awards & Recognition
- Adecco Group Excellence Awards
- Great Place to Work® awards
Reporting Period: 2016-2030
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Employment
- Environmental Sustainability (Green Transport)
- Health
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Job losses in fossil fuel-based industries due to the transition to green transport.
- Need for skills development to meet the demands of emerging sectors.
- Potential for job relocation outside the ECE region due to insufficient local production capacity for electric vehicle components.
Mitigation Strategies
- Skills development policies.
- Social protection policies (unemployment benefits, social assistance, public employment programs).
- Active labor market policies (job matching, counseling, entrepreneurship support, reskilling).
- Industrial policies to develop local production of electric vehicle components and batteries.
- Social dialogue to facilitate a just transition.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Job creation in renewable energy sector if electric transport relies on renewable energy.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 8 (Decent Work and Economic Growth)
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
- SDG 3 (Good Health and Well-being)
The transition to green and healthy transport contributes to these goals by creating jobs, reducing emissions, improving public health, and promoting sustainable development.
Sustainable Products & Innovation
- Electric vehicles
- Improved public transport systems
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:820,341.20 tCO2e/year
Scope 1 Emissions:37,299.89 tCO2e/year
Scope 2 Emissions:14,619.99 tCO2e/year
Scope 3 Emissions:768,421.32 tCO2e/year
Renewable Energy Share:43%
ESG Focus Areas
- Inclusion
- Wellbeing
- Fair and equal wages
- Respect for human rights
- Third-party risk management
- Carbon emissions reductions
- Non-financial data collection and measurement
Environmental Achievements
- Overall emissions reduction of 2%
- 26% year-on-year reduction in emissions from purchased electricity
- 65% reduction in Scope 2 emissions since 2018
- Italian and German operations running on primarily renewable electricity
Social Achievements
- Pledged to assist 85,000 refugees with finding work and up- and re-skill 17,000 refugees by the end of 2027
- Up- and re-skilled close to 900,000 individuals
- Launched a new Group Human and Labour Rights Policy
- Improved employee engagement scores by 30 basis points year-on-year (in France)
Governance Achievements
- Launched a new Code of Conduct
- Elevated sustainability responsibilities to the full Executive Committee
- Formally integrated sustainability-related responsibilities into the mandate of the Country Presidents
- Strengthened Responsible AI Committee
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050
Medium-term Goals:
- Using 100% renewable electrical energy in our operations by 2030
- Transitioning 100% of our car fleet to low emission or energy efficient alternatives by 2030
- Reducing emissions from business travel by at least 50% by 2030
Short-term Goals:
- Reduce carbon emissions by 50% by 2030 (with 2019 as baseline)
Environmental Challenges
- Geopolitical, social, and economic uncertainty
- Client attraction and retention
- Associate attraction and retention
- Employee attraction and retention
- Information technology
- Changes in regulatory, legal, and political environment
- Compliance with laws and regulations
- Disruptive technologies
- Data protection and cyber security
- Sustainability-related factors
Mitigation Strategies
- Diversified portfolio provides some natural hedge to economic uncertainty; crisis management approach
- Acting as a partner to clients; measuring client NPS; broadening services; optimising sales systems
- Attracting talent through various sources; providing training and career coaching; measuring candidate NPS
- Comprehensive talent framework; measuring employee engagement and satisfaction; providing tools and resources
- Ongoing assessments of IT infrastructure; strengthening data security measures; protecting business continuity
- Monitoring regulatory changes; promoting actions to improve working conditions; engaging with global institutions
- Global Integrity and Compliance Programme; training courses; Code of Conduct; regular audits; ethics reporting channels
- Embracing digital through internal ventures, partnerships, and M&A; investing in IT platform
- Investing in cyber security; global privacy strategy; Digital Committee oversight
- Integrated sustainability framework; governance structures; measurement framework; reporting of KPIs
Supply Chain Management
Responsible Procurement
- Third-Party Code of Conduct; mandatory purchase orders; supplier assessment and qualification; supplier evaluation and monitoring; contracting
Climate-Related Risks & Opportunities
Transition Risks
- Climate-related regulation
- Technological changes impacting client business models
Opportunities
- Facilitating a human-centric green transition; supporting clients in the green transition
Reporting Standards
Frameworks Used: GRI Standards
Third-party Assurance: EY
Sustainable Products & Innovation
- Akkodis Smart Battery