OUR SUSTAINABILITY ACTION AND COMMITMENTS

OUR SUSTAINABILITY ACTION AND COMMITMENTS
EMPOWERING SUSTAINABLE FUTURES

Sustainability is integral to our vision and operations. We are committed to driving meaningful change by embedding environmental, social, and governance (ESG) principles into every aspect of our work. Our mission is to support our clients, communities, and the wider world in building a resilient and sustainable future.

SUSTAINABILITY ACTION AND COMMITMENTS
Achieving Zero Carbon Operations

In 2024, we reached zero carbon status by offsetting 100% of our annual emissions. This milestone was achieved through detailed emissions analysis and a comprehensive reduction plan. Recognising that air travel accounted for a significant portion of our historical emissions, we set a target to reduce air travel emissions by 40% per full-time equivalent (FTE) by 2027, using 2022 as our baseline. Additionally, in 2023, we introduced an internal carbon pricing mechanism linked to partner compensation, ensuring sustainability is central to our business decisions. We are actively pursuing CarbonNeutral® certification to further validate our commitment and enhance our transparency in sustainable practices.

Accelerating Emission Reductions

Maintaining our zero-carbon status requires ongoing dedication. By 2030, we aim to further reduce our carbon footprint through enhanced energy efficiency, the adoption of advanced technologies, and streamlined operational processes. We also purchase verified carbon credits to offset emissions that cannot be immediately reduced internally, supporting global carbon reduction efforts.

Leadership in Sustainability

We lead by promoting sustainable practices across various industries through strategic partnerships, knowledge sharing, and capacity-building initiatives. By empowering our clients to adopt climate-conscious strategies, we help foster broader environmental and social sustainability. Our leadership extends to influencing industry standards and advocating for policies that support long-term sustainability goals.

KEY INITIATIVES
Green Leaders Programme

The Green Leaders Programme integrates sustainability into our organisational culture and extends it to our partners. This initiative provides our consultants and collaborators with the tools and knowledge to incorporate sustainable practices into their projects. Through workshops and collaborative projects, we cultivate environmental responsibility, ensuring sustainability remains a core aspect of our operations and those of our clients.

Climate Resilience Curriculum

To address the challenges of climate change, we developed a Climate Resilience Curriculum. This training programme assists organisations in adapting to and mitigating climate impacts. Covering energy transition strategies and sustainable supply chain management, the curriculum offers actionable insights tailored to various sectors, enabling our clients to effectively navigate climate resilience.

Carbon Credits and Market Engagement

A key component of our sustainability strategy is participating in carbon markets. By purchasing verified carbon credits, we offset emissions that cannot be immediately reduced internally. This approach helps us achieve net-zero emissions while supporting global climate mitigation efforts. We ensure the credibility of our offsets by collaborating with reputable providers and adhering to strict criteria for offset projects.

OUR PHILOSOPHY
Transparency and Accountability

Transparency and accountability are fundamental to our sustainability approach. Since 2008, we have integrated ESG considerations into our decision-making processes, believing that clear disclosure enhances business and investment decisions. Each year, we publish a sustainability report detailing our emissions, reduction strategies, and progress towards our goals, fostering trust and demonstrating our commitment to sustainable practices.

Social Impact

Our sustainability efforts extend to social responsibility. We promote diversity, equity, and inclusion within our teams and the communities we serve. Additionally, we support initiatives that enhance education, create economic opportunities, and strengthen local governance. By addressing social well-being, we adopt a holistic approach to sustainability that recognises the interdependence of environmental and social factors.

Empowering Clients

Our ESG advisory services help businesses navigate sustainability challenges. We assist organisations in achieving regulatory compliance, fostering sustainable innovation, and embedding ESG principles into their strategic decisions. This support ensures our clients achieve long-term success and resilience, aligning their practices with global sustainability standards.

THEORETICAL FRAMEWORKS AND STRATEGIC INTEGRATION

Our sustainability initiatives are guided by robust theoretical frameworks. We employ the Triple Bottom Line approach, balancing economic performance with social equity and environmental stewardship. Additionally, we leverage corporate social responsibility (CSR) principles to ensure our business practices benefit society and the environment.

Incorporating stakeholder theory, we address the needs of all our stakeholders, including clients, employees, investors, and communities. This comprehensive perspective ensures our sustainability efforts align with the broader interests of society, fostering a cohesive and impactful approach.

SHAPING A SUSTAINABLE FUTURE TOGETHER

Sustainability offers an opportunity to lead and create lasting value. In collaboration with our clients and partners, we are shaping a sustainable future through informed decision-making, strategic projects, and impactful initiatives. Our collective efforts aim to build a resilient world, ensuring our actions today benefit future generations.

“Addressing the climate crisis is a mission we are committed to – one that every business must embrace.”
— Julio Alonso, Partner and Head of Clients & Markets

Together, we strive to make a meaningful and enduring impact, fostering a legacy of sustainability that transcends individual projects and resonates across industries and communities.

OUR ESG APPROACH

Our ESG strategy is built on our shared purpose and commitments. The Board ESG Committee oversees our social, environmental, and public policy initiatives, regularly reporting to the Board. The Management ESG Committee works with senior management across our global operations to identify and prioritise ESG objectives. Our Client Advisory teams assist clients in navigating complex ESG issues, while our Sustainability team advances internal ESG priorities, including progress towards our net-zero goals.

Our Commitment to ESG Starts at Home

We model the behaviours we wish to see in the world. Strong corporate governance promotes these behaviours and protects our culture. Our people are our greatest strength, and inclusion means more than acceptance—it means belonging. Every person brings unique knowledge and experience, making us collectively extraordinary.

Our Future Requires Climate Resilience

Climate change demands collective action. A low-carbon future supports a sustainable, competitive business environment and creates new opportunities for all our stakeholders. We play a crucial role in developing high-quality, accessible solutions to pressing challenges, from building climate resilience to addressing cyber risk and closing protection gaps.

Change is Up to All of Us

No single individual, company, or country can effect change alone. We engage with colleagues, clients, shareholders, communities, and governments worldwide to tackle the significant challenges of our time. Together, we are committed to driving the transformational journey necessary to achieve a sustainable and resilient future.

For more information about our progress towards net zero, our carbon offset portfolio, and year-over-year emissions, please do not hesitate to contact us.

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