Contact us
  • België
  • Deutschland
  • France
  • Ireland
  • 日本
  • Nederland
  • UAE
  • United Kingdom
  • United States
Nederland
English

Being a climate conscious business

Understanding how climate change is affecting our business and particularly the STEM markets in which we operate with independent sustainability consultancy Avieco.

Solar and wind farm through the mist at dawn

Can TCFD drive business change and improve performance?

We are the only global pure-play specialist staffing business focused on roles in STEM, and have consistently demonstrated our commitment to climate action. We’re listed on the Financial Times 300 Climate Leaders in Europe list in 2021 and scored a B through CDP for five consecutive years.

And the UK government’s announcement that the Taskforce on Climate-related Financial Disclosures (TCFD) reporting requirements would be mandatory didn’t catch us cold. We had already identified the need to utilise the TCFD framework to understand better the impact of climate change on our business.

However, our focus had been on how the actions of the business impact climate change. Now we want to know how climate change would affect our business and particularly the STEM markets in which we operate. That’s where market-leading independent sustainability consultancy, Avieco comes in.

Avieco works closely with organisations across the economy. They bring sustainability expertise to support companies in their operational, commercial and strategic ambitions.

Before both parties collaborated, it was crucial we identified climate risks and opportunities that would directly impact our markets. We then worked together to develop climate scenarios using underlying data from the Networking for Greening the Financial System (NGFS).

It was crucial we identified climate risks and opportunities that would directly impact our markets.

This work allowed us to look at how the identified risks and opportunities would appear in a way that resonated within individual regions. It highlighted the effects of climate change and the potential consequences within our specific markets.

And more importantly, the developed scenarios then informed strategic decisions around how we would respond to those risks and opportunities at any point in the future. These have been vital in ensuring we can prepare and respond to the potential effects of climate change on our markets – instead of waiting for it to impact our business.

The result? We are now enabled to be reactive as well proactive in our strategic response to climate change.

Having an independent, third party delivering the project facilitated honest conversation and strong external insights. It also provided us with the space to truly observe and analyse the changes needed.

Gemma Branney, Head of ESG at SThree, said: “I hadn’t fully appreciated the outcomes and impact implementing TCFD would have on our business when we first partnered with Avieco. Having an independent, third party delivering the project facilitated honest conversation and strong external insights. It also provided us with the space to truly observe and analyse the changes needed. It was also a good learning opportunity for me as I had limited experience of climate-related scenario analysis.”

The results of our work with Avieco are clear to see. Our risk management framework now details climate change as a risk. And there are detailed risks and mitigations in place which inform strategy for the Group.

On top of this, we have set ourselves the target of doubling the size of our renewable energy business. We are also expanding Scope 3 emissions reporting to understand our climate impact better.

We have set ourselves the target of doubling the size of our renewable energy business.

Implementing TCFD has led to SThree establishing an internal global renewable energy network. The network shares best practices and improves services to better serve our renewable energy partners.

It also identified the green skills gap, which has informed our community programming. This includes delivering green skills development and awareness initiatives to expand the green talent pipeline our clients and future clients will need to achieve net-zero.

Not only that, but it has improved our understanding of how our clients might be impacted as a result of changing policies and investments. For example, how high emitting sectors are likely to need skills related to their transition rather than the recruitment trends we have previously experienced.

Read our feature in the ICRS COP26 Learning Zone

Our case study also features in the Institute of Corporate Responsibility and Sustainability's (ICRS) COP26 Learning Zone. There you'll discover more information about TCFD, resources for COP26 and ways we can tackle climate change.

Learn more about TCFD

Find out how we're helping to build the future the world needs

View our people and planet page to find out more information on our ESG goals and why they're so important to us.

People and planet

Read more insights

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.

Abstract picture of pink bubbles of blood cells on a blue background closeup
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. 

Two female scientist wearing masks and gloves examining a sample in a tube
11 February 2022

Nine women leading the way in science and technology

Celebrating International Day of Women and Girls in Science with pioneers making a difference.

Close up of a male biologist looking an screen of molecules with purple/pink hue overlay
13 January 2022

Placing specialist life science skills with a global leader in Covid-19 vaccine development

Seeking people with extensive experience for roles that were essential for the development and delivery of a Covid-19 vaccine.

Female project manager at a solar farm reviewing panels and holding laptop
21 December 2021

Building a diverse and inclusive workforce for the 21st century

How partnering with Schneider Electric, recognised as one of the world's most sustainable companies, helped build a better future.

Installation engineers working on solar farm project moving solar panels into place
10 December 2021

Finding reliable talent for a utility-scale solar farm construction project

How ENGIE, a global leader in sustainable energy solutions, began construction on a 200-megawatt utility-scale solar farm in Anson, Texas

Close up of hand typing on laptop with code overlay and pink/blue hues
29 November 2021

Unexpected error: .NET Consultant needed urgently

Whether it’s a 24-month contract, or a 2-day contract, every day we partner exceptional contractors with pioneering companies.

Senator John A. Nejedly Bridge in Northern California
25 November 2021

Building a diverse workforce in the Asia Pacific region

Assisting our financial services client to map the market and source candidates from diverse backgrounds.

Young female engineer in high vis inputting data from paper to laptop
25 October 2021

Encouraging students to save the planet by choosing a career in the green sector

Inspiring young people to turn their passion for the environment into a career.