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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/
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
Hannah Jethwani, Investor Relations
Director
|
020 7012
6000
|
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