RWS Annual Report 2022 web - Flipbook - Page 36
Sustainability Accounting
Standards Board Disclosure
("SASB")
SERVICE SECTOR: PROFESSIONAL AND COMMERCIAL SERVICES
REPORTING YEAR: ALL DATA REPORTING FOR FY22 UNLESS SPECIFIED
RWS has chosen to evolve its sustainability reporting by disclosing sustainability topics and certain accounting metrics
in line with the SASB Standards. In August 2022, the IFRS Foundation assumed responsibility for SASB Standards when it
merged with the Value Reporting Foundation, which previously maintained these Standards.
The Standards were developed using a rigorous and transparent standard-setting process that included:
•
•
•
Evidence-based research
Broad and balanced participation from companies, investors and subject-matter experts
Oversight and approval from the independent SASB Standards Board
Global investors recognise SASB Standards as essential requirements for companies seeking to make consistent and
comparable sustainability disclosures.
The IFRS Foundation’s International Sustainability Standards Board (ISSB) has committed to building on the industrybased SASB Standards and adopting SASB’s industry-based approach to standards development.
RWS is supportive of the SASB framework as it allows companies to provide comparable and consistent ESG-related
data. We have modified some metrics to reflect our domicile in the UK. In addition, we have provided additional metrics
where we believe they will provide further information regarding a specific 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:
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Data security
Workforce diversity and engagement
Professional integrity
These ESG topics are reviewed along with specific metrics in the following sections of the Annual 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 employees. We take
a risk-based approach to the implementation and maintenance
of a robust baseline of security controls which are specified
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 employees and has several initiatives in place that
seek to maintain an inclusive culture, recognising achievement and
support of all its employees.
SASB metrics: pages 37
and 39
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 various stakeholders.
RWS seeks to act with transparency, honesty and integrity at all
times.
SASB metrics: pages 38
Corporate Governance:
pages 34 to 35
RWS — Annual Report 2022
STRATEGIC REPORT