Business
Publication of Inaugural ESG Report
Publication of Inaugural ESG Report.
About this update from Yougov Plc
[{"type":"text","content":"\n\n\n \n \n30 May 2024\nYouGov plc\n(\"YouGov\" or \"the Group\" or \"the Company\")\nPublication of Inaugural ESG Report\nYouGov, the international research and data analytics group, has today published its inaugural stand-alone ESG report.\nYouGov's core principles of transparency and trust are demonstrated in our approach to Environmental, Social and Governance (\"ESG\") commitments. As the international regulatory landscape evolves, interest in ESG continues to grow and the complexity of required disclosures continues to expand. With the publication of this ESG report, we have centralised our disclosures to enhance transparency and accountability in our ESG approach. This report is published mid-year and expands on the mandatory disclosures provided in our Annual Report and the Group's existing ESG roadmap. Our ESG strategy is built around objectives to accompany YouGov's current long-term strategic plan for FY24-26.\nYouGov has aligned its reporting with the Sustainability Accounting Standards Board ('SASB') and has identified six UN Sustainable Development Goals that are materially relevant to its business.\nKey highlights\nData commitment\nAs a global data company, YouGov prioritises data privacy and security to ensure that all personal data is handled carefully and responsibly. The Group incorporates the principles of the EU's General Data Protection Regulation as much as possible into global operations, in addition to complying with all other applicable regional privacy and security obligations. Based on principles of fairness, transparency, and accountability, YouGov's trusted global privacy framework gives panel members, clients, and colleagues a consistent experience regardless of their location.\nNet zero strategy\nYouGov is excited to introduce its net zero targets in this report. The Group has made a global commitment to achieve net zero by 2050 at the latest, with interim targets for 2030 covering Scopes 1, 2, and 3. These targets have been submitted to the Science Based Targets initiative for verification, and YouGov has partnered with third-party sustainability consultants Inspired plc to ensure that its net zero strategy is ambitious while remaining achievable and aligned with the latest climate science guidance. YouGov's net zero targets are to achieve carbon neutrality in the UK by 2026 (at the la...