Our first Sustainability Report provides insight and detail to our ESG journey as a team to date. Over the course of the last two years, we have focused on ensuring sustainability is at the heart of our operating principles and values.
We have implemented euNetworks’ Impact foundations and undertaken assessment and analysis against four major areas in which our business has influence- Planet, People, Prosperity and Partnership.
We are committed to being net-zero carbon by 2040 and have set 1.5°C-aligned science-based targets across Scopes 1, 2 and 3. We have made good progress towards this commitment, understanding where we are today and how we will get there.
In the report, you’ll read about the numerous new initiatives, tools and processes that we have created and implemented to progress our journey and insight into our ambitions as we move forward.
We have embedded ESG and sustainability considerations across euNetworks’ core business and operations.
We now have an evidence based roadmap and architecture which incorporates Environmental, Social, and Governance (ESG) considerations, measurement of our sustainability Key Performance Indicators (KPIs) against well recognised disclosure frameworks such as the Sustainability Accounting Standards Board (SASB) and the UN Sustainable Development Goals (SDGs), with inspiration from the Global Reporting Initiative (GRI).
For our ESG and Sustainability considerations, our key stakeholders include:
Our ESG efforts, including focus for improvement, initiatives, projects, assessment and analysis centre on four areas in which our business has influence.
Embedding the mitigation of environmental impacts on land, sea and air into all decision-making processes.
Developing a workforce that reflects the world, helping our people to achieve their true potential; managing the risks to anyone affected by our operations.
Empowering customers to make more sustainable choices and delivering sustainable returns to our investors.
Creating shared value in the communities in which we operate.
The Climate Pledge is a commitment to net zero carbon by 2040 that forms a cross-sector community of companies and organisations, working together to crack the climate crisis and solve the challenges of decarbonising our economy. The Climate Pledge was co-founded by Amazon and Global Optimism in 2019.
The Climate Pledge calls on signatories to be net zero carbon across their businesses by 2040. Companies and organisations that sign the Pledge commit to three areas of action:
In 2022, we announced we won Showstopper of the Year: Strides in Sustainability at Microsoft’s Supplier Prestige Awards.
Commitment to pioneering climate change initiatives and alignment with Microsoft’s Sustainability vision. Nominees’ innovative projects are scalable and repeatable, and their activities generate significant GHG reductions that are likely to be long-lived.