Kennedys launches latest Responsible Business Report

We are proud to launch our latest Responsible Business Report. The report sets out our sustainability goals and targets, which aim to support the UN’s Sustainable Development Goals, and details the steps we have taken to make meaningful progress. 

We are integrating Responsible Business into our governance, operations and decision-making, and have a roadmap to transform the firm that aligns with a sustainable future.

Actions we are taking include: 

• Our net zero emissions target of 2040 has been validated by the Science Based Targets initiative (SBTi), and we have achieved a 26% reduction in Scope 1 and 2 emissions between FY2020 and FY2024, driven by over a third of offices globally procuring renewable energy.
• We are on track towards our goal of a 40% female partnership globally by 2030. In 2024, we reached 36% female representation among partners, with 55% of partner promotions in 2023 being women.
• By 2026, 100% of our employees globally will be paid a living wage. As of April 2024, over 95% of our employees globally earn a living wage, and we will continue to rectify outstanding data gaps to ensure all our people are accounted for.

Kate Hursthouse, Kennedys Global Head of Responsible Business, said: “The world is facing unprecedented environmental and societal crises. Businesses need to change the way they operate to align with a sustainable future. That is why Kennedys is working towards ambitious sustainability goals and addressing its material, social and environmental impacts throughout its value chain. The report provides a clear plan of how we are going to achieve these goals and integrate responsible business into the heart of everything we do.”

Global highlights for our 2023-24 reporting year include: 

• Embedding Responsible Business into our global strategy: By rolling out our plan, we’re making responsible business principles a part of ‘business as usual’ in everything we do.
• Understanding our material topics: Our first double materiality assessment gave us greater understanding of the financial, operational, people and environmental issues affecting us, and which we affect.
• Becoming net zero by FY2040: We have approved near and long-term science-based emissions reduction targets with the SBTi, which has verified our science-based target to be net zero by FY2040.  

Learn more about Responsible Business at Kennedys here.