Environmental, Social and Corporate Governance
Babble is working with The Sustainability Group using the FuturePlus framework to assess our impact and contributions in a variety of environmental, social and governance fields. In doing so we are able to take more effective action to tackle climate change and safeguard the environment.
The FuturePlus framework below separates the concept of sustainability into five areas in which we constantly measure our ambition and actual score:
Climate
Diversity & Inclusion
Social
Economic
Environment
Current Achievements and report highlights
- Babble’s ‘Actual’ sustainability score has risen from 188/500 in January 2022, to 261/500 currently (June 2022). This reflects the incremental and positive steps that Babble has taken over the past five months.
- Babble’s highest score by some way remains in the Economic theme (score 82/100). This measures economic impact by looking at corporate ethics and purpose, and whether responsible and good governance exists within an organisation. Babble’s strengths in this area lie in operating its business in a fair and transparent manner, acting responsibly to mitigate risk, disclosing relevant information, safeguarding data, and practising responsible innovation.
- Babble’s ‘Ambition’ score has also risen, from 271/500 in January 2022, to 327/500 today. It is a testament to Babble’s willingness to revisit the ambitions set during the initial assessment and push for stronger positive impact objectives.
“We recognise that it is our responsibility to ensure our products and services consider the betterment of society and the planet alongside profitability and financial returns, and our Board and Leadership Team will put this principle at the heart of our organisation’s strategy and decision making. Babble is committed to playing its part in creating a more sustainable world for all. We will make every effort to bring about the incremental changes and improvements necessary to achieve our sustainability ambition.”
Matt Parker, CEOBabble
