With the support of our ESG Advisory team, Kroll partnered with internal and external stakeholders to conduct a materiality assessment to help us identify Sustainability issues that have the potential to affect our operating performance, financial resilience or the world at large. The issues determined to be the most material to Kroll inform the focus of our Sustainability strategy and initiatives.
Reducing our Emissions Footprint
Our carbon reduction plan is a commitment to continue to measure and reduce our emissions footprint by 2031.
The plan is comprised of a 1.5-degree Science Based Target Initiative (SBTi) aligned Scope 1 and 2 near-term reduction target, as well as Scope 3 near-term reduction goal. Scope 1 reflects direct emissions from Kroll’s operations; Scope 2 reflects emissions from Kroll’s purchase of electricity, heat, and cooling; and Scope 3 reflects emissions related to Kroll’s value chain. To reach our reduction goals, we are committed to the following:
In an effort to meet these environmental goals, Kroll works with Watershed, a third-party enterprise sustainability platform, to annually measure Kroll’s complete greenhouse gas footprint. This footprint is reported yearly in Kroll’s Annual Impact Report and through external environmental data disclosure platforms such as CDP. Kroll’s reported footprint is not verified by an independent third party at this time. Kroll also works with third parties to purchase verified, voluntary carbon credits (which are described in more detail here). For more information on Kroll’s environmental program, please see our Annual Impact Report.
The United Nations Sustainable Development Goals
We’ve tied our strategies and initiatives to the United Nations Sustainable Development Goals (UN SDGs). While we acknowledge and respect the interconnectivity of the 17 goals that make up the SDGs, we believe four of them are directly relevant to our business and connected to areas where we can make the greatest impact. Kroll’s Sustainability efforts are deliberately aligned to:
Kroll continually aspires to make our operations more sustainable. Read our Sustainable Procurement Statement here and our Environmental Policy here.
Through the Kroll Workplace strategy, we continue to work smarter: increasing efficiency in day-to-day office processes, reducing overall energy consumption and encouraging employees to recycle and compost waste.
Our Workplace strategy starts at the design and development stage of any new workplace or office build-out and continues throughout our occupancy. The majority of Kroll employees work in LEED- (Leadership in Energy and Environmental Design) or BREEAM- (Building Research Establishment Environmental Assessment Method) certified buildings, which are designed to prioritize energy efficiency. These certifications ensure our workspaces are constructed to reduce energy and water usage, promote better indoor air quality and reduce the environmental impacts of construction.
We have also achieved several ISO (International Organization for Standardization) certifications in certain jurisdictions: