2020 Communication on Progress

Participant
Published
  • 22-Jul-2021
Time period
  • January 2020  –  December 2020
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer
  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • July 22, 2021

    To our stakeholders:

    I am pleased to confirm that Russell Reynolds Associates, Inc. reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual Communication of Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We are proud of the progress we have made so far, but recognize there is always more to be done. Through our robust multi-year sustainability strategy we have developed a roadmap for change, and are looking forward to continued communication on our progress. We also commit to sharing this information with our stakeholders using our primary channels of communication.

    Sincerely yours,
    Clarke Murphy
    Chief Executive Officer

Human Rights
  • Assessment, policy and goals
  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Our goal at Russell Reynolds Associates is to provide the highest quality executive search, leadership, succession, board advisory and assessment services to our clients, while maintaining an exceptional standard of conduct among employees, candidates and others with whom we do business.

  • Implementation
  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • RRA is committed to maintaining a professional work environment where each person’s unique talents, background and perspective are valued, and where each person is treated with dignity and respect. As a consequence, as documented in our Harassment-Free Workplace Policy, RRA does not tolerate any form of discrimination, harassment, retaliation, joking remarks or other abusive conduct directed at another individual based on that individual’s race, gender, religion, age, ethnicity, national origin, sexual orientation, gender identity, marital status, disability, military status or any other status protected by applicable law.
    RRA is committed to maintaining a safe and secure workplace. Threats, physical violence, intimidation, harassment, coercion, stalking, sabotage and similar activities are strictly prohibited and are not tolerated.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • RRA acknowledges and respects the principles set forth in the United Nations Universal Declaration of Human Rights. We are committed to operating our business in accordance with these principles, and to protecting human rights within our sphere of influence. To that end, we endeavor to use suppliers whose values are consistent with ours and require that they use clear standards with respect to freely chosen employment, safe and healthy working conditions, avoiding child labor, wages, benefits and working hours.
    Governance is a critically important aspect of our operations. Identified as a priority topic within our sustainability strategy, Russell Reynolds is committed to introducing a Supplier Code of Conduct as we continue to enhance our operations to maintain exceptional standards internally and with whom we do business.

Labour
  • Assessment, policy and goals
  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • With 46 offices in 26 countries, diversity, inclusion and respect for individuality are at the core of our firm's culture and are essential to the success of our executive search and assessment business. Both for ourselves and for our clients, we strive to attract the best people from the broadest pool of candidates. We embrace differences in race, religion, culture, gender, nationality, age, sexual orientation, thinking style, background and perspectives, with the goal of providing a positive work environment for our employees and exemplary service to our clients.

  • Implementation
  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • As documented in our Fair Employment policy, RRA is committed to recruiting and retaining the best qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of RRA to provide equal employment opportunity regardless of race, gender, religion, age, ethnicity, national origin, sexual orientation, gender identity, marital status, disability, military status or any other status protected by applicable law. All employment decisions, including recruitment, selection, placement, transfer, promotion, termination, training, working conditions, benefits and compensation, are based on valid business reasons and not on any discriminatory or unlawful basis.
    RRA is committed to providing a consistent and credible employee experience. We employ a range of tactics and tools to support employees to perform against expectations, navigate their careers, develop themselves and understand how performance connects to compensation outcomes. RRA provides a comprehensive and well-designed benefits program for employees and their families.
    We are committed to creating a diverse, equitable and inclusive environment inside our organization, as well as across the organizations we work with. We commit to continuously enhancing and embedding DE&I into our business processes, measuring and reporting our progress through initiatives focused on areas such as slate diversity, diversity progress reporting, pay equity assessment and global inclusion networks. From an external perspective, our dedicated DE&I Advisory team works with clients to build inclusive cultures, leadership teams and equitable search practices. We are proactively driving inclusive candidate selection methods in our search execution. Since 2017, we have partnered with Hogan to ensure all candidates are evaluated fairly. Our proprietary Leadership Span model analyzes core competencies and reduces the risk of bias in selection decisions. In partnership with the UNGC, we have published a first-of-its kind analysis of the behaviors and competencies possessed by sustainable leaders.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  •  Harassment-Free workplace policy communicated to all employees
     Fair Employment policy communicated to all employees
     44% of ExCo members are women
     27% of US workforce is ethnically diverse
     6 inclusion networks launched in 2020

Environment
  • Assessment, policy and goals
  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Protecting the environment and the health and safety of employees is the law. We comply with all applicable environmental, health and safety laws and regulations. We strive to conduct our business and operations in a manner that creates a safe working environment and minimizes environmental impact.

  • Implementation
  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • As one of the three pillars to our sustainability strategy, climate change and waste are priority topics that are critical to address in the short and long term. Through our ongoing efforts, RRA actively supports recycling, e-recycling and energy conservation in our office space. RRA currently has recycling programs in place in over 80% of our office locations and e-recycling in all global offices. Additionally, the Firm is proactively managing energy consumption through global efforts focused on lighting, equipment and appliance usage. As the Firm continues to drive implementation of our strategy, we are committed reducing our real estate footprint, transitioning to renewable energy, reducing travel by sustaining a degree of virtual operations that were introduced during 2020, and rolling out consistent and comprehensive waste policies and practices globally.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates environmental performance.

  •  70% of global offices are in LEED/equivalent buildings
     Commitment to establish environmental baseline for inclusion in 2022 report

Anti-Corruption
  • Assessment, policy and goals
  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • The Russell Reynolds Code of Business Conduct and Ethics applies to officers, Managing Directors and employees of RRA working on a full-time, part-time or temporary basis. The Code is designed to promote honest and ethical business conduct, including the ethical handling of conflict of interest, the avoidance and appearance of conflict of interest, the compliance with applicable governmental rules and regulation, the prompt reporting of any violation of this Code and accountability for adherence to this Code.

  • Implementation
  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • RRA is subject to antitrust and competition laws in Europe, the United States and other regions throughout the world, and it is RRA’s policy to strictly comply with all such laws. RRA and its employees comply with the anti-bribery provisions of the UK Bribery Act, the U.S. Foreign Corrupt Practices Act and other anti-corruption laws worldwide.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates anti-corruption performance.

  •  Antitrust Compliance manual communicated to all employees
     In 2020, 99% of active employees affirmed the Code of Conduct
     Ethics Hotline available to all employees via email or telephone. The hotline is monitored 24 hours a day/seven days a week, 365 days a year.