Capgemini's Commitment to ESG Principles
Capgemini, a leader in business and technology transformation, has reaffirmed its dedication to Environmental, Social, and Governance (ESG) principles by updating its policy and objectives initially set in 2021. This move emphasizes the company's ongoing commitment to sustainable growth, responsible business practices, and corporate accountability. As a responsible organization, Capgemini is not just setting ambitious targets but is also demonstrating strong leadership in addressing global challenges while delivering long-term value for its stakeholders.
ESG Policy Updates: A New Era
The recent revisions to Capgemini's ESG policy signal a robust commitment to enhancing its sustainability efforts. The company has identified a ninth focus area on ethics, joining the eight priorities defined back in 2021, and has outlined an impressive array of 14 objectives. This comprehensive approach is designed to ensure that the company not only enhances its operational practices but also aligns itself with global standards for corporate responsibility.
Driving Sustainable Growth
Capgemini is determined to lead the charge toward a sustainable future. With an emphasis on measurable progress, the company has already achieved significant milestones as part of its original 2021 ESG strategy. By the end of the previous year, Capgemini reported:
- A remarkable 93% reduction in its absolute Scope 1 and 2 emissions, alongside a 62% drop in Business Travel emissions per employee since 2019.
- A 98% share of renewable energy in its electricity consumption, working towards a goal of 100% by 2025.
- Nearly 40% representation of women in its global workforce, closely approaching its goal of 40% by 2025, while achieving a notable rise in female leadership positions.
- An average of 77 learning hours per employee, exceeding its annual objectives consistently since 2019.
- Recognition from external rating agencies for its leadership in data protection and cybersecurity.
New Commitments to Sustainability
As Capgemini looks to the future, its updated ESG policy lays the groundwork for sustained sustainability efforts. The company is committed to:
- Investing in high-quality carbon credits and striving for a 90% reduction in emissions across Scopes 1, 2, and 3, ultimately aiming for net-zero carbon emissions by 2040.
- Increasing the percentage of women in executive positions to 35% by 2030, enhancing gender diversity at the highest levels of leadership.
- Expanding its digital inclusion initiative to benefit 10 million people from underserved communities, aligning reporting methods to leading impact frameworks starting in the next year.
- Strengthening its guidelines for the ethical use of AI, recognizing the transformative potential of technology in today’s economy.
- Supporting clients in their sustainability commitments by broadening its portfolio of offerings.
Quotes from Leadership
Capgemini's CEO, Aiman Ezzat, highlighted the importance of this enhanced ESG policy, stating, "ESG is fundamental to our corporate strategy and long-term value creation. This enhanced ESG policy reflects our commitment to innovation, ethical leadership, and meaningful impact to create a future where our teams, clients, and partners can thrive in a responsible and resilient economy."
Understanding the Priorities and Objectives
Capgemini's updated ESG policy breaks down its priorities into three core categories: Environment, Social, and Governance. Each category has specific objectives aimed at ensuring comprehensive progress:
Environment
Capgemini is firmly committed to:
- Becoming a net-zero business by 2040 and reducing all emissions by 90% across all scopes.
- Leading in sustainability by supporting clients in achieving their sustainability commitments.
Social Inclusion
To promote an inclusive work environment, Capgemini plans to:
- Maintain at least 40% women in its workforce and strive for a target of 35% women in leadership by 2030.
- Support 10 million beneficiaries in underserved communities through digital inclusion efforts.
Governance
Capgemini ensures that:
- Diversity and accountability are pivotal in governance practices.
- Responsible business practices are followed throughout the supply chain, aiming for supplier compliance with ESG standards.
As the global business environment continues to evolve, Capgemini's commitment to ESG values exemplifies its dedication to making a positive impact on the world. With a strong foundation built on innovative practices and a forward-thinking approach, the company is well-positioned to inspire change and lead in corporate responsibility.
Frequently Asked Questions
What is Capgemini's target for emissions reduction?
Capgemini aims to achieve a 90% reduction in emissions across Scopes 1, 2, and 3 by 2040 to reach net-zero status.
What percentage of women does Capgemini aim for in leadership by 2030?
The company is targeting 35% representation of women in executive positions by 2030.
How many people does Capgemini plan to support through digital inclusion?
Capgemini aims to support 10 million beneficiaries in underserved communities as part of its digital inclusion efforts.
What are Capgemini's commitments to renewable energy?
Capgemini has achieved a 98% share of renewable energy and aspires to reach 100% by 2025.
Who is the CEO of Capgemini?
The Chief Executive Officer of Capgemini is Aiman Ezzat.
