RWS Annual Report 2022 web - Flipbook - Page 64
Section 172 Statement (continued)
OUR ENVIRONMENT
We are committed to the continual reduction of our
global carbon footprint. To enable us to set sciencebased targets, we moved to a new web-based platform
to better facilitate the tracking and measurement of
carbon emissions, and will use the data gathered in
FY22 as the baseline for future improvement. We also
launched our Sustainable Procurement Policy and rolled
out the supporting action plan across the Group during
the year.
Bi-annually, climate-related issues are presented and
considered by the Board.
Further relevant details are referred to elsewhere in
this report:
ESG Environment section on pages 28 to 31.
The CEO has overall responsibility for all climate-related
issues and the CFO is responsible for managing climaterelated risks across the Group.
DECISION MAKING IN PRACTICE
A summary of how the Board applied the factors listed in
section 172(1)(a) to (f) of the Companies Act 2006 when
making principal decisions during the year is provided
below.
In Spring 2022 we launched a Group-wide company Code
of Conduct, along with associated training, and have
implemented an annual compliance declaration. A copy of
the Code of Conduct is available on the Company website.
Acquisitions
Cyber
The acquisition of Netherlands-based Fonto in March 2022
was undertaken after the Board considered the strategic
rationale, the impact on future growth, the impact on
earnings accretion, as well as how the acquisition would
be received by the Company’s shareholders.
ESG
The CEO receives information on corporate sustainability
performance, assesses future risks and opportunities,
develops our strategy in this area, and is responsible for
disseminating this to all colleagues. The Head of ESG and
Sustainability reports directly to the CEO.
Sustainability was a core consideration in the
development of the Group’s medium-term growth
strategy and purpose. RWS was part of the United Nations
Global Compact Initiative’s Early Adopter programme
and our Communications on Progress ("CoP") report was
published in June this year using this new framework.
RWS’s Agile Work Practices policy is currently being
implemented and will provide colleagues with options
for balancing their work and personal life, and in support
of improved productivity. These options include the
ability to job-share, start and finish at different times,
and even work from varying locations depending on
personal circumstances. We are investing appropriately in
technology to support more flexible working options.
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RWS — Annual Report 2022
STRATEGIC REPORT
Protecting RWS’s clients, our colleagues, and RWS’s own
data and operations is extremely important. Security
of data is understandably a concern to all our clients,
who frequently require RWS to demonstrate strong and
effective security controls, including technical prevention
and detection measures. Accordingly, RWS is certified to
ISO27001– the industry standard for information security
management.
Information security is an enterprise risk that is monitored
by our Board of Directors. The company continues
to invest in new security technologies and services
to counter the constantly changing threat landscape.
RWS engages with leading third-party security service
companies, utilising the latest technology to provide 24x7
detection and response capabilities across all systems. All
our colleagues undertake regular security training and
receive frequent security awareness communications to
ensure security is embedded in everyday activity.
