Our commitments also help us embed sustainability into our business strategy. We’ll focus on finding new ways to foster transparency and accountability, support our employees, partner with our clients, and give back to the communities where we live and work.
Leading by example means that we’ll share what we learn from our journey. We’ll continue to report progress against these commitments—and add new goals along the way.
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Our leadership advisory research shows that the most effective leaders are committed to listening. We started the formalization of our sustainability strategy by listening to the concerns and suggestions of our internal and external stakeholders through a research-based and collaborative approach.
To start, we ran a thorough, four-part materiality assessment, spanning from Q4 2020 through Q1 2021. This process allowed us to hear from our stakeholders about the environmental, social, and governance issues material to our business and to prioritize our opportunities for impact. Our materiality assessment process included:
This assessment provided us with a deeper understanding of the internal operations, current priorities, and areas of most importance to our internal and external stakeholders.
The following matrix identifies and prioritizes the firm’s most significant ESG impact topics based on our assessment findings.
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The best leaders continue to learn by listening. We’re committed to continually and actively seeking feedback from our internal and external stakeholders. We’ll report our stakeholder engagement activities as our sustainability approach evolves.
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We facilitate a global, biannual culture survey to give RRA leadership a chance to hear from our colleagues on the issues that are most important to their wellbeing and engagement with the firm. We use our proprietary method—a program we also use with our clients—to survey an array of topics, including issues that relate directly to our sustainability journey, as well as those related to our material issues of diversity, equity, and inclusion, and our employee engagement and development programs.