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Our approach to ESG

Driving long-term sustainable value

ESG considerations are embedded in our strategy. As a specialist STEM recruiter we are at the forefront of delivering the skills needed to build a sustainable future, while our diversity, equality and inclusion policies ensure that we are putting people first.

By delivering against ambitious environmental and social targets we can demonstrate how we are leading our industry in defining what it means to be a responsible and sustainable employer, both for our staff and in society.

Environmental responsibilities

Companies are increasingly looking for environmental responsibility in their partners. We are no different. Many of our clients are either in the renewables energy sector or navigating the low carbon transition themselves. 

We contribute to addressing climate change in two significant ways: by reducing our own carbon emissions and ensuring our clients have access to the talent they need to transition to a low carbon economy.

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Addressing climate change

We take our role in tackling the climate emergency seriously. By actively working to reduce our own emissions targets we can make positive long-term commitments to the environment and society.

We are delighted to be recognised as a climate leader by the Financial Times in its inaugural listing of European Climate Leaders, which details the top 300 companies that achieved the greatest reduction in their greenhouse gas (GHG) emissions intensity between 2014 and 2019. We are the only staffing sector company to achieve that distinction, placing 69th.

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Supplying sought-after specialists

Every business and value chain will be disrupted by the transition to a low carbon economy. As a specialist STEM recruiter we actively seek renewable energy clients that are at the forefront of delivering the innovation the world needs, supplying them with sought-after specialists to tackle the climate emergency.

We're delivering positive outcomes for our stakeholders and contributing towards the UN Sustainable Development Goals where we can have the most impact, placing us at the forefront of our industry in defining what it means to be a responsible employer.

Our Impact Report

Our ESG Committee needs accurate impact data to ensure we have credible action and accountability. Explore our first Impact Report, which includes key targets.

Read our Impact Report

Putting people first

We are building a future that works for all of us by putting people first. By investing in new business opportunities and talent growth within our markets we are delivering economic growth and employment opportunities. Through this we aim to have a positive impact on society beyond simply what our clients and candidates achieve.

Diversity

Our role in society

Our diversity, equality and inclusion policies are critical to attract and retain talent and help people perform at the top of their game. We set challenging targets for gender balance, aspiring to increase representation at leadership levels to 50/50 by 2024. Although we reduced turnover of females by 3% and maintained levels of women represented across leadership roles, there is plenty more to achieve.

In November 2021, SThree was awarded Company of the Year at the 2021 European Diversity Awards. Again, we were the only staffing sector company to be recognised.

Green Career

Green skills insight programme

Not enough young people are choosing STEM subjects at school, pursuing STEM careers or aware of green careers. Building the future talent pipeline to meet the growing needs of the market is one of the core objectives of our community outreach programmes. We spark the possibility of a green career for young people, from the renewable energy sector to building a career in green tech.

In 2021, 87 young people attended our interactive Green Careers insight events. As a result of our outreach, 86% of young people said they are now exploring green career opportunities.

Task Force on Climate-related Financial Disclosures

We recognise that ensuring long-term sustainability through concerted and transparent climate and environmental action is key to our resilience and continued success.

As an early adopter of the robust Taskforce on Climate-related Financial Disclosures (‘TCFD’) reporting standard, we have carefully analysed our response to the changing market and environment in which we operate.

In order to align to the recommendations of TCFD we have:

  • Implemented a climate-related scenario analysis framework.
  • Integrated climate change as an emerging risk.
  • Strengthened our ESG Committee to improve governance and Board oversight.

Use the icons below to read a summary of our approach and progress.

Read our full TCFD report >

Governance
Strategy
Risks and opportunities
Metrics and targets
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Governance

We have appointed a Group Environmental, Social and Governance (‘ESG’) Committee to identify, mitigate and strategically manage climate-related risks and opportunities to the Group. The ESG Committee is responsible for oversight of climate-related risks and opportunities including scenario analysis, risk mitigation, strategic alignment and the Groups Sustainability Strategy, targets and carbon reduction plan.

In 2021 the ESG Committee established a workstream focused on implementing a climate-related scenario analysis framework and a secondary workstream focused on understanding net-zero transition planning.

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Strategy

We identified three key scenarios by which we assess the implications of climate change on our business:

  • Scenario 1: Renewable-led growth (orderly, 1.5 -2C).
  • Scenario 2: Disruptive change (disorderly).
  • Scenario 3: Fossil fuelled future (hot house world).

We tested the resilience of our business and strategy using research and data modelling. Details on how each of the three scenarios impacts our business, strategy and financial planning is detailed in our full TCFD report.

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Risks and opportunities

Climate-related risks are identified through our scenario analysis, using the frameworks and modelling data alongside internal and external data and stakeholder insights. The ESG Committee is responsible for implementing climate-related scenario analysis and the risks identified are analysed carefully, with clear measures, mitigation, controls and governance assigned to each risk.

Climate change has been categorised as an emerging risk for the business. As such, climate-related risks and controls are reviewed quarterly, with escalation to the ESG Committee as required, reviewed annually by the Group Risk Committee.

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Metrics and targets

We report annually on Scenario 1, Scenario 2 and Scenario 3 outcomes, as outlined under our Strategy.

Our emissions are calculated in line with the GHG Protocol methodology to allow for aggregation and comparability across organisations. Our emissions performance for the previous reporting period are also included in our Annual Report for comparison.

Our carbon reduction plan has seen a YoY reduction in carbon emissions which includes 44% reduction in 2021 from our 2019 baseline year.

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Read our latest insights

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ESG during a recession – why should employers still care?

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Flexible staffing solutions for challenging times
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Companies increasingly want to staff projects with on-demand and agile STEM skills, during tough times employers want flexible options. F...

How contractors can thrive in a recession
24 January 2023

How contractors can thrive in a recession

A new generation of STEM professionals are turning their backs on permanent positions as contracting becomes more popular. Find out why...

STEM re-skilling will ‘open doors’ for job seekers
19 January 2023

STEM re-skilling will ‘open doors’ for job seekers

The rapid growth of new technologies means new skills are required for future jobs, and STEM can be an answer. Find out more

STEM professionals are well placed to ride out recessions
17 January 2023

STEM professionals are well placed to ride out recessions

During severe economic downturns, employees with STEMs skills are likely to enjoy better job security than those without them. Discover more

War for talent in STEM industries
30 August 2022

War for talent in STEM industries

What are the causes of the war for talent in STEM industries and what would be the solutions

Break the bias: how we can empower more women in STEM
08 March 2022

Break the bias: how we can empower more women in STEM

Women in Tech founder discusses how bias against women in STEM fields can be countered by increasing levels of female participation.

How can companies provide meaning to their employees
22 February 2022

How can companies provide meaning to their employees

The next Work in Progress documentary explores the topic of purpose in work and how companies can provide meaning to the work they do. 

Read our latest ESG news

01 March 2022

2021 Annual Report: Discover how SThree is delivering STEM talent

Read how SThree is connecting sought-after STEM specialists with pioneering global companies in our 2021 Annual Report and TCFD statement.

28 January 2022

SThree ranks top in Support Services sector in Britain’s Most Admired Companies 2021

Study published by Management Today puts SThree first in eight of the 13 key criteria.

24 January 2022

SThree named ‘Top Employer’ in Germany for a ninth consecutive year

Top Employer Institute recognises our approach to creating a positive culture and supporting colleagues.

18 November 2021

SThree awarded Company of the Year at the 2021 European Diversity Awards

EDA awards are firmly established as the continent’s most prestigious and widely respected diversity event.

17 November 2021

Samira Alimohammad named on SIA list of most influential women in staffing

Vice-President and General Counsel of SThree Americas, recognised as one of the most influential women in staffing in North America.

21 September 2021

SThree shortlisted for Company of the Year at the European Diversity Awards

SThree is delighted to be included on the shortlist for the Company of the Year award at the 2021 European Diversity Awards.

15 September 2021

SThree appoints new Chief Marketing Officer

Carol McNerney’s diversity of experience will help us achieve our stated ambitions as the number one global STEM provider.

06 August 2021

SThree becomes official partner of the Social Shifters Global Innovation Challenge

Exciting kick-starter programme for new STEM enterprises that will solve the biggest challenges facing the world.

30 June 2021

SThree to introduce a hybrid working model when offices re-open

We listened to colleagues across the businesses and have adopted a hybrid policy allowing our people to work at home and in the office.

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