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. 

Girl looking at a diagnosis on screen
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.

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.

volunteers working at a plant recycling centre
22 October 2021

Empowering our colleagues to help the environment

Everyone at SThree gets 40 paid volunteering hours a year. Read about how our teams around the world are helping the environment.

Female scientist wearing full protective suit in a lab holding empty sample tubes and analysing data on touchscreen monitor
06 October 2021

Finding female leaders for a MedTech client

How people with different backgrounds, expertise and viewpoints can help teams make more effective decisions.

Close up of a child getting vaccinated in the arm
24 September 2021

Providing access to medical testing through mobile and logistics technology

This health tech start-up uses mobile and logistics technology to provide access to medical testing, including COVID-19 in rural Nigeria.

Close up of bionic hand and its electrical components
24 September 2021

Improving mobility and quality of life through 3D printed prosthetics

Improving mobility and quality of life through 3D printed prosthetics

close up of the inside of a plastic bottle lying discarded on the ground
24 September 2021

Digitising water utility operations to reduce water shortages in Africa

How the WayPoints team developed software that brings water utility operations in Africa into the 21st century.

Factory working on a production line quality checking product as they move through the production line
02 August 2021

Finding local talent for a major US food and beverage manufacture

Solving a problem during the pandemic required a new approach when additional staff were needed during lockdown when demand soared.

Offshore wind turbine engineer abseiling over the sea looking at turbine
30 July 2021

Helping Arevon Energy reach its growth goals

How building a trusted relationship helped source a varied range of skilled professionals.

Developers looking at code on a screen while one holds a bank card testing a transaction on another device
24 June 2021

Building a new flagship store app on a tight timeline

Even when you’re a large global e-commerce retailer, finding experienced mobile developers at short notice presents a challenge.

Close up of a finger scrolling over financial charts on a mobile phone
17 June 2021

Helping end the cycle of talent turnover

Supporting a major financial services client with their recruitment process to realise efficiencies and improve retention.

Male robotics scientist standing next to computer screens and robot mimicking his actions
04 June 2021

Now is the time to energise the future of work

We've partnered with Samuel Durand on a new documentary exploring the future of work

lead robotics engineering showing team member data relating to robotic arm
20 September 2020

Empowering the engineers of tomorrow

Project Syncere inspires young people in Chicago to seize the opportunity to learn so they can one day work in STEM jobs.

Young Asian male entrepreneur on sat on window ledge with laptop in lap and mobile phone in the other at night
08 November 2019

Secrets to success: from trainee to manager

In this article we speak to our Contracts Team Manager about his success at SThree to date and what it was like moving up the ladder from...

Male and female IT infrastructure engineering in network room
13 September 2019

Driving the future of work through tech

How emerging technology is having a huge impact on the workplace and will benefit those who embrace it.

Birdseye view of two cargo ships at port
07 August 2019

Corporate social responsibility in recruitment

Head of CSR Gemma Branney discusses the importance of ethical procurement in the recruitment industry