RWS AR 23 Final Single pages - Flipbook - Page 36
Sustainability Accounting Standards
Board Disclosure ("SASB")
SERVICE SECTOR: PROFESSIONAL AND COMMERCIAL SERVICES
REPORTING YEAR: ALL DATA REPORTING FOR FY23 UNLESS SPECIFIED
RWS has chosen to report by disclosing sustainability
topics and certain accounting metrics in line with the
SASB Standards. In August 2023, the International
Sustainability Standards Board ("ISSB") of the IFRS
Foundation assumed responsibility for the SASB
Standards. The ISSB has committed to maintain,
enhance and evolve the SASB Standards and encourages
preparers and investors to continue to use the SASB
Standards.
The Standards:
•
Surface information about sustainability-related risks
and opportunities that is likely to be decision-useful for
investors
•
Are industry-based because those risks and
opportunities vary by industry
•
•
Are designed to be cost-e昀昀ective for companies to use
•
Put preparers on the path toward ISSB implementation
Are developed using an evidence-based and marketinformed process similar to that which is used to
develop 昀椀nancial accounting standards
Global investors recognise SASB Standards as essential
requirements for companies seeking to make consistent
and comparable sustainability disclosures.
RWS is supportive of the SASB framework as it allows
companies to provide comparable and consistent ESGrelated data. We have modi昀椀ed some metrics to re昀氀ect
our domicile in the UK. In addition, we have provided
additional metrics where we believe they will provide
further information regarding a speci昀椀c sustainability
topic.
We have chosen to report in conformance with the SASB
Standard for the Professional & Commercial Services
industry, which includes the following disclosure topics:
•
•
•
Data security
Workforce diversity and engagement
Professional integrity
These ESG topics are reviewed along with speci昀椀c metrics in the following sections of the ESG Report:
36
Topic
Summary approach
For more information
Data Security
We understand that information security is important to all our
stakeholders including clients, investors and colleagues. We take
a risk-based approach to the implementation and maintenance
of a robust baseline of security controls which are speci昀椀ed in our
information security management system, monitored by senior
management and subject to regular external and internal validation.
This allows RWS to ensure our safeguards are appropriate and
proportionate and facilitates the continual improvement of our
information security position.
SASB metrics: page 37
Discussion and Analysis:
page 35
Workforce Diversity &
Engagement
RWS success is based on its delivery of high-quality solutions. RWS
recognises the importance of having an engaged, motivated and
diverse team of colleagues and has several initiatives in place that
seek to maintain an inclusive culture, recognising achievement and
support of all its colleagues.
SASB metrics: pages 37 to 38
Our people: pages 32 to 33
Professional Integrity
For RWS, acting and being seen to act with the highest level
of professional standards and integrity is fundamental to
developing and maintaining trusted partnerships with its various
stakeholders. RWS seeks to act with transparency, honesty and
integrity at all times.
SASB metrics: page 37
Governance: pages 34 to 35
RWS Holdings plc — Annual Report 2023
STRATEGIC REPORT
