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REG-SThree SThree: 2020 ESG Impact Report

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   SThree (STEM)
   SThree: 2020 ESG Impact Report

   29-Apr-2021 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   29 April 2021

                                        

                                   SThree plc

                                        

                             2020 ESG Impact Report

    

   SThree plc ("SThree" or the "Group"), the only global pure-play specialist
   staffing business focused on roles in Science, Technology, Engineering and
   Mathematics ('STEM'), has today published its annual review of the  impact
   of the Group's ESG (Environment, Social and Governance) strategy.

    

   The report includes an overview of  the Group's ESG activity and  progress
   in 2020, as well as  its commitment for the  future, the success of  which
   will be measured against a number of targets. These targets include:

    

     • Positively impacting a total of 150,000 lives, 2020 to 2024 inclusive
     • Doubling the share of our global renewables business by 2024 (2019
       baseline)
     • Reducing our absolute carbon emissions by 20% by 2024 (2019 baseline)
     • Increasing gender representation at leadership levels to 50/50 by 2024

    

   The report highlights progress against these targets in 2020, including:

    

     • Positively impacted a total of 19,889 lives in 2020:

          ◦ 14,000 people accessed decent work through SThree placements
          ◦ 989 people accessed community programmes ran by SThree
          ◦ 4,900 people accessed career development opportunities hosted by
            SThree

     • Our renewables business grew 20% and now represents 6% of revenue
       (2019: 5% revenue)
     • Reduced our absolute carbon emissions by 56% on 2019 levels, driven by
       the global pandemic and associated lack of travel. The focus is now on
       stabilising our carbon emissions within a more flexible working
       environment
     • Representation of women at all leadership levels of 36%

    

   ESG Strategy update

   The Group's long-term commitment to  the environment and society has  laid
   the foundations for its newly refreshed ESG strategy, which was introduced
   in October  2020. The  ESG strategy  focuses  on the  three key  areas  of
   building a green future,  building an inclusive  workforce for the  future
   and building on our  business ethics. These three  areas are aligned  with
   the United Nations Sustainable Development  Goals and are integral to  the
   successful execution of the Group's  broader growth strategy. The new  ESG
   strategy will  be implemented  and measured  by the  Group ESG  Committee,
   which includes the Company's Chair, CEO and CFO. 

    

   Early adoption of TCFD recommendations

   The Group has also made a  commitment to adopt the recommendations of  the
   Task Force on Climate-related Financial Disclosures ("TCFD") and align the
   Group's reporting and disclosures by undertaking climate-related  scenario
   analysis.

    

   An  update  will  be  provided  at   the  time  of  the  interim   results
   announcement, with  the  Group's  full findings  and  management  response
   disclosed in line  with the  TCFD guidelines  in SThree's  FY 2021  annual
   report and accounts.

    

   Mark Dorman, CEO of SThree, commented:

    

   "We've always known the true value of science, technology, engineering and
   mathematics in  making  our world  a  better  place, and  our  purpose  of
   'bringing skilled people together to build the future' has never felt more
   relevant or important than it does  today. Publishing our 2020 ESG  Impact
   Report today  is another  step  forward in  our commitment  to  generating
   positive change in the  world, that we  first made over  35 years ago.  We
   look forward to reporting on our progress next year."

    

   Gemma Branney, Global Head of ESG for SThree added:

    

   "We've made great strides in progressing our ESG strategy over the past 12
   months, most importantly in setting ourselves tangible ESG targets.  These
   targets not only challenge us to be focused on what we need to achieve  in
   terms of sustainability in the years to come, they underpin our growth  as
   a Group - we believe  sustainability and business success are  interwoven.
   We are also pleased  to have committed to  being transparent in  measuring
   ourselves against these targets, and  to holding ourselves accountable  in
   our annual  impact report.  We've already  changed the  lives of  tens  of
   thousands of  people  around the  globe.  And  we want  to  continue  take
   meaningful and deliberate actions to tackle some of the biggest challenges
   we face  in  society, to  build  a  better, more  sustainable  future  for
   everyone."

    

   The full report is available here:

    1 https://www.sthree.com/media/3607/impact-report-2020.pdf

    

    

    

                                    - Ends -

    

    Enquiries:

                                                            

    
    SThree plc                           020 7268 6000
    Mark Dorman, Chief Executive Officer  
    Alex Smith, Chief Financial Officer   
    Steve Hornbuckle, Company Secretary
                                          
    
                                         020 3405 0205
    Alma PR
                                          
    Susie Hudson

    John Coles                           SThree@almapr.co.uk

    

    

    

   Notes to editors

    

   SThree plc brings skilled people together to build the future.  It is  the
   only global pure-play  specialist staffing  business focused  on roles  in
   Science,  Technology,  Engineering  and  Mathematics  ('STEM'),  providing
   permanent and flexible  contract talent to  a diverse base  of over  9,000
   clients in 15 countries.

    

   The Group's c.2,600 staff cover the Technology, Life Sciences, Engineering
   and Banking & Finance sectors.

    

   SThree plc is quoted on  the Premium Segment of  the Official List of  the
   Financial Conduct Authority under the ticker symbol STEM and also has a US
   level one ADR facility, symbol SERTY.

    

    

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          GB00B0KM9T71
   Category Code: MSCL
   TIDM:          STEM
   LEI Code:      2138003NEBX5VRP3EX50
   Sequence No.:  101859
   EQS News ID:   1190186


    
   End of Announcement EQS News Service

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