REG - YouGov PLC - Publication of Inaugural ESG Report

YouGovAnnouncement

30/05/2024 13:00

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RNS Number : 3526Q  YouGov PLC  30 May 2024

 

 

30 May 2024

YouGov plc

("YouGov" or "the Group" or "the Company")

Publication of Inaugural ESG Report

YouGov, the international research and data analytics group, has today
published its inaugural stand-alone ESG report.

YouGov'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.

YouGov 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.

Key highlights

Data commitment

As 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.

Net zero strategy

YouGov 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 latest), a 42%
reduction of scope 1 & 2 emissions by 2030 and 90% by 2050 and a 25%
reduction of scope 3 emissions by 2030 and 90% by 2050.

YouGov's social mission

YouGov creates social value through engagement with panel members, employees,
clients, and the wider community. The Group's social mission reflects its
greatest strengths, such as providing unparalleled access to free public data
and socially-oriented client work to create wider social value through
research. YouGov's commitment to maintaining a representative and accessible
panel helps make people's opinions heard for the benefit of the wider
community and deliver trusted and accurate insights for clients. The Group
maintains high levels of employee satisfaction and fulfilment with policies
and processes in place to maintain an enriching culture and thriving
workplace.

Workforce Diversity Report

Diversity and inclusion ("D&I") is fundamental to ensuring that YouGov
captures the opinions of all groups, including those often underrepresented in
research. It is essential for the Group's products and insights to remain
neutral and free from bias, which is supported by a diverse workforce in an
inclusive workplace. YouGov believes that transparency is key to building
trust, and its Workforce Diversity Report outlines the D&I strategy,
approach to diversity data, and mid-year global statistics.

The full ESG Report is available to view or download from the Company's
website at https://corporate.yougov.com/esg/our-esg-approach/
(https://corporate.yougov.com/esg/our-esg-approach/)

Steve Hatch, Chief Executive Officer, said:

"I am delighted to present our inaugural ESG report today. ESG is at the core
of everything we do. YouGov is built on an ethos of transparency and trust,
and ESG is embedded in our DNA across the group.

Our new ESG report expands on our existing ESG Roadmap, highlighting our ESG
performance, targets and ambitions and the impact we have on our stakeholders.
We know that our ESG strategy is increasingly important to our stakeholders,
and we are always looking for ways to better articulate our approach. This
report ensures we maintain a sharp focus on material ESG issues, whilst
enhancing transparency and accountability.

YouGov is proud of what it has accomplished to date and is aiming to
accelerate progress towards our ESG goals, driving improvement where it
matters most for our stakeholders and bringing our vision for the future of
responsible, ethical and sustainable business at YouGov closer."

 

Enquiries

 

 YouGov plc

 Tilly Heald, Company Secretary                                 020 7012 6000

 Hannah Jethwani, Investor Relations Director

 FTI Consulting

 Charles Palmer / Valerija Cymbal / Jemima Gurney                                       020 3727 1000

 Deutsche Numis (NOMAD and Joint Broker)

 Nick Westlake / Iqra Amin                                      020 7260 1000

 Berenberg (Joint Broker)

 Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff   020 3207 7800

 

 

 

 

About YouGov

 

YouGov is an international online research data and analytics technology
group.

 

Our mission is to offer unparalleled insight into what the world thinks.

 

Our innovative solutions help the world's most recognised brands, media owners
and agencies to plan, activate and track their marketing activities better.

 

With operations in the UK, the Americas, Europe, the Middle East, India and
Asia Pacific, we have one of the world's largest research networks.

 

At the core of our platform is an ever-growing source of consumer data that
has been amassed over our twenty years of operation. We call it Living Data.
All of our products and services draw upon this detailed understanding of our
27+ million registered panel members to deliver accurate, actionable consumer
insights.

 

As innovators and pioneers of online market research, we have a strong
reputation as a trusted source of accurate data and insights. Testament to
this, YouGov data is regularly referenced by the global press, and we are the
most quoted market research source in the world.

 

YouGov. Living Consumer Intelligence.

 

For further information, visit business.yougov.com

 

 

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