ESG Engagement and Reporting Frameworks
We engage with a number of widely recognized sustainability reporting frameworks and place great emphasis on our engagement with the ESG and sustainability community, both through G4S and Allied Universal at a global level.
We proactively seek feedback from our stakeholders, regularly holding meetings with ESG analysts and have had frequent dialogue with independent ratings agencies such as Sustainalytics and MSCI.
UN GLOBAL COMPACT
G4S, an Allied Universal® Company, proudly supports the 10 universal principles of the UN Global Compact, on human rights, labor, environment, and anti-corruption. We align our strategies and operations with these principles.
G4S, is a longstanding signatory to the UN Global Compact, and actively participates in the governing advisory group and various working groups of the UN Global Compact’s UK Network.
In our ESG report, we describe the actions that we have taken at Allied Universal and G4S to build upon and further integrate the spirit of the Global
Compact and its principles into our culture and values, business strategy and daily operations during 2023. Following changes to the Compact’s communication on progress (COP) reporting process, Allied Universal will complete the new COP in mid-2024.
EcoVadis
As part of our commitment to sustainability and social responsibility, Allied Universal and G4S complete thorough assessments of their ESG practices every year through EcoVadis, a global leader in business sustainability assessments.
The EcoVadis assessment includes 21 sustainability criteria across four core themes: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.
In our latest rating, which was completed in September 2024, our parent company, Allied Universal HoldCo LLC earned a Committed Badge, recognising the group’s continuing progress toward sustainability.
Task Force on Climate Related Financial Disclosures(TCFD)
The TCFD has developed a framework to help organizations more effectively disclose information relating to the impacts of climate change in their ESG reporting process. These disclosures relate to four pillars of stewardship: governance, strategy, risk management, and metrics and targets.
There are 11 recommended disclosures created by TCFD for listed businesses, which are spread across the four pillars outlined above. We have proactively adopted this framework.
Please see page 20-21 of our ESG report (PDF 12931.2 KB) for our reporting frameworks reference tables.
Carbon Disclosure Project
Incorporating the experience of our international business, G4S, Allied Universal completed its first CDP submission in 2022. We achieved CDP climate change score of "C" and a CDP supplier engagement rating of "C", both in line with our industry and North American averages.
Reporting to the CDP helps organizations demonstrate awareness of their greenhouse gas emissions, encouraging reduction targets to be put in place and actions to address the risks and opportunities that are associated with climate change.
International Code of Conduct for Private Security Providers
G4S is a founder signatory to the International Code of Conduct for Private Security Providers (2010). Based on international human rights standards, the code sets out the principles for security operations in complex environments - areas experiencing or recovering from disaster or unrest or where governments and the laws are weak. It covers recruitment, vetting and training of staff, use of force by security officers, the handling of firearms, health and safety, and the handling of reported complaints.
Key Allied Universal companies, including US-based MSA Security, and our complex environments business,
G4S Risk Management, are certified members of the International Code of Conduct Association (ICOCA),
having achieved the necessary certifications.
FTSE4Good
The FTSE4Good index series is a leading socially responsible (SRI) indicator developed by FTSE Russell, part of London Stock Exchange Group. It is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
Following the acquisition of G4S by Allied Universal, G4S was delisted from the London Stock Exchange in May 2021 and therefore no longer meets the listing criteria required for inclusion in the index.
UN Global Compact
More information on the Compact is available at www.unglobalcompact.org.