Social Value & Responsibility
Social Value
There was a time when business was measured by financial success only. Today, an economically sustainable business is one that has a relevant and socially useful mission and purpose.
At Retinue, we value our social return on investment in addition to commercial success. That’s why we partner with The Social Value Portal (SVP). SVP helps us manage environmental, social, and economic goals and helps us identify, prioritize, and measure the social value delivered in terms that are meaningful to all our stakeholders.
Our Goals
At Retinue, our environmental, social, and governance (ESG) and sustainability goals. These include:
- To reduce the impact of poverty on the communities our customers serve.
- To deliver our services in a way that enables us and our clients to support the United Nations Paris Agreement.
- To foster an environment where differences are valued, progression is merit-based, practices are fair, and everyone experiences a sense of belonging.
- To strengthen existing and acquire new, trusted customer partnerships through having aligned ESG goals and a sense of belonging.
- To attract and retain talent through having a strong social impact ethos and sense of belonging.
Carbon Reduction
Inspired by the pledges of many countries and multinational organizations, as well as our own beliefs, we are targeting net zero to help tackle the global climate emergency. Our target is to achieve net zero by 2025 by focusing on reducing, avoiding, removing, and offsetting where necessary.
Net-zero is the term used to describe the achievement of balance between the carbon emitted into the environment and the carbon removed from the environment. We can achieve this by one of the following:
- Reduce and avoid emissions through efficiency savings.
- Replace with alternative lower carbon solutions.
- Remove emissions through sequestration.
- Offset residual emissions through responsible and approved carbon offsets.
The Retinue Net Zero plan sets out how we will reduce the emission of greenhouse gases generated by business activities. By 2025, we aim to:
- Reduce business travel with alternative ways to meet our clients, partners, and suppliers.
- Encourage our employees to walk or cycle to work.
- Give preference to shared travel options, such as public transport, over ICE vehicles.
- Utilize low emission or electric vehicles to cut carbon emissions and air pollution.
- Offset residual emissions through reforestation in the UK.
We are committed to achieving and operating at Net Zero, aligned with the United Nations Paris Agreement.
Single Use Plastic
For a number of years, Retinue Solutions has remained committed to taking a leadership role in tackling the plastic waste problem. In 2022, over 80% of our team made a personal plastic pledge.
At Retinue, we have minimized the use of single-use plastics across our operations and work with partners and suppliers to find positive solutions for reducing unnecessary waste plastics across our operations.
Some steps we’ve taken include:
- Removing plastic and disposable cups and cutlery from all offices and events we run
- Using plastic-free coffee capsules and plastic-free tea bags
- Installing recycling bins and clear signage in all offices
- Providing employees with bamboo water bottles and glass travel mugs
We continue to use government legislation that regulates the use of single-use plastics to support our efforts where we can.