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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

12 January 2023

How the STEM world works 2022

How the STEM world works 2022

The rise of the contractor
21 July 2022

The rise of the contractor

With unemployment at a low and many companies open to new and unconventional working practices, contracting, and how it’s delivered, is o...

STEM professionals want planned-in career development
13 July 2022

STEM professionals want planned-in career development

STEM professionals don’t just want a job they expect employers to offer them opportunities that help develop their careers

A brighter future beckons for women in STEM
12 July 2022

A brighter future beckons for women in STEM

How do we keep the momentum going to support more women in their pursuit of a career in STEM?

Money is talking
08 July 2022

Money is talking

Salary and benefits are the top consideration for candidates when looking for a job and they can afford to play hardball

Now it’s time for employers in STEM to be flexible
07 July 2022

Now it’s time for employers in STEM to be flexible

To attract the best, most diverse talent, employers must embrace a flexible approach

Salary and benefits are still the top priority for STEM candidates

Salary and benefits are still the top priority for STEM candidates

Companies who delay in recognising market value of sought-after specialists risk losing them to a better considered offer.

Flexible working options are no longer regarded as an added benefit

Flexible working options are no longer regarded as an added benefit

Flexible working options are no longer being regarded as an added benefit – they are now expected to be a standard given of employment.

Women are a powerful source of new talent

Women are a powerful source of new talent

Women are a powerful source of new talent to help address the STEM gender gap and shortages of STEM skills. But there is still work to do.

Read our latest ESG news

07 October 2022

SThree’s ‘STEM Equity Coalition’ wins American Staffing Association Elevate award

SThree’s ESG team have won the American Staffing Association (ASA) Elevate award for their 'STEM Equity Coalition' programme. Learn more

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.

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