Progress to Date
Gamma’s reporting and transparent disclosures are supporting our commitments across all ESG areas, holding us accountable to our plans and ensuring that we achieve what we set out to.
The ESG Committee is responsible for ensuring that we provide appropriate visibility of our ESG credentials to the investment community, as well as other stakeholders. We are pleased to report that during the year the Company has been subject to its first ESG assessments and received positive ratings from CDP and MSCI as well as an updated assessment and rating from Sustainalytics.
For 2021, we have also been able to make an initial set of disclosures consistent with the requirements of the Taskforce on Climate-related Financial Disclosures (TCFD).
Through 2022 and beyond, we will develop a set of core KPI metrics across all aspects of ESG, using the World Economic Forum (WEF) International Business Council (IBC) common metrics as a guide.
We are committed to understanding our environmental impact further, demonstrated by the ongoing progress made in expanding our GHG scope. We will further improve the extent of our emissions measurement across the Group and further enhance our disclosures consistent with the TCFD recommendations.
Working with our supplier base will be a key focus area for 2022, ensuring that we refine our understanding of Scope 3 emissions (indirect GHG emissions) and prioritise reduction opportunities. All of this will feed into preparatory work for our carbon reduction and carbon net-zero plans.
Carbon Disclosure Project (CDP)
Gamma committed to furthering environmental transparency disclosing its climate change impact through the Carbon Disclosure Project (CDP) for the first time in 2021. CDP drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests.
Over 13,000 companies with over 64% of global market capitalisation disclosed environmental data through CDP in 2021.
“As a mission-based non-profit that runs the global environmental disclosure system, CDP greatly values the support of Gamma Communications plc. Action this decade is critical to ensuring that we can limit global warming to 1.5°C and safeguard our planet’s natural resources. Quite simply what is measured can be managed. Through its 2021 disclosure to CDP, Gamma Communications plc has demonstrated its clear commitment to transparency around its environmental impacts and its strategies for action. This benefits the company as well as its shareholders, customers, and employees alike.”
Sonya Bhonsle, Global Head of Value Chains & Regional Director Corporations