Communication on Progress
- Participant
- Published
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- 05-Oct-2021
- Time period
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- April 2020 – March 2021
- Format
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- Stand alone document – Basic COP Template
- Differentiation Level
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- This COP qualifies for the Global Compact Active level
- Self-assessment
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- 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
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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.
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Continued support for the Global Compact
Euromonitor International became a signatory to the UN Global Compact in 2012 and we are pleased to
submit our eighth Communication on Progress affirming our visible commitment to supporting the ten
United Nations Global Compact principles, along with our continued drive to align with the UN Nations
Sustainable Development Goals.
We are committed to conducting our business in a sustainable, ethical, and responsible manner, ensuring
that the impact on the communities with which we have dealings is positive and that all who supply
goods or services to Euromonitor show integrity and respect for international human rights and the
environment. It is our belief that responsible business practices are essential to long term sustainable
success and must be reflected in our workplace.
On behalf of Euromonitor’s Chief Executive, Board of Directors and employees around the world, I
am delighted to present this report which we will be sharing with all our stakeholders over the coming
months.
- Human Rights
- Assessment, policy and goals
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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.
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Commitment
Euromonitor International supports and respects the protection of internationally proclaimed human
rights. The scope is broad but includes:
Non-discrimination against, and behaviour towards, vulnerable groups
Civil and political rights
Economic, social and cultural rights
Fundamental principles and rights at work
We recognise there are global differences in accepted practices with regards to standards in safe working
environments, child protection and other aspects of human rights. However, we ensure we work to the
highest standards across all regions rather than just meeting local requirements.
We are committed to the well-being of our employees, in-country analysts and contractors, creating safe,
positive and professional work places.
- Implementation
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Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
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Implementation
We have extensive global policies regarding equal opportunities, flexible working, parental leave, work-life
balance and anti-harassment and bullying amongst others. All employees are briefed at induction and every
policy is available on the company’s intranet.
Euromonitor requires all suppliers to comply with the full requirements of the Ethical Trading Initiative
Base Code (ETI Base Code). In addition to compliance with the provisions of the ETI Base Code, we are
committed to ensuring that modern slavery does not take place anywhere in our business or in any of our
supply chains. Modern slavery may take various forms, such as slavery, servitude, forced and compulsory
labour and human trafficking and is a crime and a violation of human rights, which exploits a person for
personal or commercial gain. In accordance with our Modern Slavery Statement, found on our website, we
are committed to tackling modern slavery throughout our business.
We believe that an important part of upholding and promoting human rights is the commitment a
business makes to its local communities. From April 2017 we have committed 1% of our turnover to our
corporate social responsibility spend, an amount which equated to roughly £1.55 million in 2020-2021. As
signatories of the UN Global Compact we have chosen to align a major part of our community investment
programme with the UN’s Sustainable Development Goals and carefully measure how each of our charity
partnerships contribute to the success of the goals.
In 2020/2021 we partnered with Justice & Care through our Headline Partnership programme. With our
support the organisation is funding victim navigators and setting up a head office in Romania to enable
safe return for victims of trafficking and to reduce the risk of re-trafficking.
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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Measurement
Management of Euromonitor offices is regularly reviewed by the Leadership Board to ensure all policies
are being implemented correctly. Euromonitor is compliant with all legal employment requirements
in every respect, and in many cases, exceeds minimum requirements. In the past year Euromonitor
International has not been subject to any investigations, legal cases or incidents involving human rights.
In 2019 we completed a SMETA Audit as part of our membership of SEDEX (Supplier Ethical Data
Exchange) and are now fully compliant. We are also EcoVadis certified.
- Labour
- Assessment, policy and goals
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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.
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Commitment
Euromonitor International hires, promotes, develops and compensates employees based on unbiased
criteria and without regard to age, gender, disability, marital status, race, national origin, religion or sexual
orientation or any other legally protected characteristics or status. Our Suppliers are also expected to
recruit, employ and promote employees on the sole basis of the qualification and abilities needed for the
work to be performed.
Euromonitor International promotes a positive in-house health and safety culture through regular
health and safety checks and employee training. Suppliers shall provide a safe and hygienic
environment for its workers.
Euromonitor International complies fully with all aspects of labour law in all countries in which
it operates. Where our standards exceed those of local legislation, we apply our own policies.
- Implementation
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Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.
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Implementation
Euromonitor International has written policies that clearly state employee rights and responsibilities and
their compensation and benefits. It is company policy to ensure that decisions concerning hiring, wages,
promotion, training, discipline, retirement and termination are based only on unbiased criteria, and are
not linked to any discriminatory characteristics. Staff members are encouraged to share any matters of
concern with us without fear, in the knowledge that they will be taken seriously and that the matters will
be investigated properly. The procedure for raising such concerns is outlined in our Whistleblowing Policy
which is freely available to all staff via the company intranet.
In a number of our offices we are subsidising pay to the lowest paid external agency cleaners to make sure
that nobody who works for us is earning less than a “living”, not a “minimum” wage.
We remain a member of Sedex (Supplier Ethical Data Exchange) sharing information with our clients on
four key areas: labour standards, health & safety, the environment and business ethics. As part of our Sedex
membership we continue to ensure staff are aware of the Ethical Trading Initiative and that we are always
upholding its 9 key areas.
In the last year we have partnered again with Micro Rainbow International: our donation is being used to
provide an employment training programme for members of the LGBTI community in Rio de Janeiro, Brazil.
The aim of the programme is to help members of the LGBTI community counter discrimination and low
economic status through professional advancement and in many cases the opportunity of self-employment.
Through our Headline and Regional Partners programme we are funding several projects which directly
support beneficiaries to combat discrimination and enter employment.
Body and Soul in London supports through community-based healing children, young adults and
families who have suffered trauma and discrimination
Brave Space Alliance is a centre providing support to the LGBTQ+ community in Chicago. It is also
black-led and trans-led and first of its kind in its area.
Casa Central in Chicago USA is delivering an early learning academy programme to propel its
beneficiaries towards a higher quality of life.
Empowering Women in the Atlas in Morocco run a women’s cooperative providing seed funding
for start-up rural businesses.
Humanity and Inclusion are running a programme in Burkina Faso focusing on increasing the
number of children with disabilities and refugee children enrolled in school
Micro Rainbow International based in London is supporting the LGBTQ+ community by providing
safe temporary housing to those in need (including asylum seekers and refugees), providing
employability support and focusing on social inclusion. Our funding is providing employment
training programmes for members of the LGBTI community in Brazil.
Jaya Mental Health (formerly Unity in Health)works on improving access to mental health services
and supporting the social inclusion of those affected by mental illness in Nepal and Sri Lanka
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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Measurement
Euromonitor International’s hr team reviews the company’s responsibilities towards labour rights in
relation to compliance with national and international law. We continue to monitor all health and safety
incidents, recruitment statistics and sickness records to ensure compliance with our policies.
The cr Manager works with all community partners to evaluate the impact of our support. Reports
are published on the Corporate Social Responsibility blog on our global website.
- Environment
- Assessment, policy and goals
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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.
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Commitment
Good environmental practice is important in ensuring that we, and our suppliers, operate responsible and
sustainable businesses, which reduce their negative impact on the environment as much as practicable
and comply with all applicable environmental laws, regulations and standards.
Although Euromonitor International’s direct impact on the environment is relatively small we are keen to
ensure continued commitment to our internal policies and controls. We take our responsibility in supporting
initiatives that prevent and manage environmental risk very seriously.
Specifically, we are committed to:
Conserve natural resources and reduce the environmental burden of waste generation
Become single use plastic free across all our offices
Reduce the consumption of energy through building assessment and control, and by encouraging
employee awareness, individual action and proactive involvement
Reduce the level of air travel and balance the impact of unavoidable flights
Uses cleaning and stationery products where possible and green energy suppliers
- Implementation
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Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.
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Implementation
Staff engagement continues to be key to our work around environmental responsibility. Each year the
company hosts a global Green Week that is organised by local CSR Committees in each office. A key focus
is becoming as far as possible plastic-free. We are actively encouraging our offices to stop using plastics,
not just recycling plastic that has been used. Actions have included:
Providing new starters with reusable water bottles
Purchasing crockery and cutlery for all offices
Removing plastic stirrers and straws from kitchens
Introducing refillable metal soap containers in bathrooms
Energy reduction is a key element of our environmental management programme, with a focus on
employee behaviour and building efficiency. We continue to balance the impact of carbon emissions
associated with all company flights and our energy consumption in all our offices with our Carbon
Offsetting partners, The World Land Trust and Save the Orangutan. Despite having limited data available
this year due to Covid, we decided to make a larger than usual annual donation to help them make up for
the loss of income from flights not taken and energy not used in closed offices.
- Measurement of outcomes
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Description of how the company monitors and evaluates environmental performance.
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Measurement
Euromonitor International’s Leadership Team is committed to reducing our environmental impact. The
CSR Manager, working with the Director of Operations and Office Managers has day to day responsibility
for our environmental programmes and activities.
We work with Measure My Energy Ltd to analyse and better understand our Heating Ventilation and Air
Conditioning (HVAC) consumption under the ESOS (Energy Saving Opportunities Scheme).
Euromonitor International uses licensed waste companies for disposal of waste and recycling as well
as approved carbon balanced programmes through the World Land Trust and Save the Orangutan for
our energy use and flights. Reports are regularly reviewed to ensure our systems are effective with the
majority of refuse produced being recycled.
Euromonitor International has not been involved in any environmental incidents, nor has it been the
subject of any investigations or legal proceedings by any regulating authority.
- Anti-Corruption
- Assessment, policy and goals
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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.
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Commitment
As a world leader in our field, Euromonitor International recognises that we have a duty to set the very
highest standards for ethical business practice. Employees of Euromonitor International are made
aware that bribery, corruption and extortion in any form is not tolerated within our company under any
circumstances.
- Implementation
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Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.
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Commitment
As a world leader in our field, Euromonitor International recognises that we have a duty to set the very
highest standards for ethical business practice. Employees of Euromonitor International are made
aware that bribery, corruption and extortion in any form is not tolerated within our company under any
circumstances.
Our Legal Contracts Manager, Carla-Simone Kennedy, oversees
all contract queries including MSA’s, negotiations, internal
templates and contract claims/disputes for Sales and the wider
business.
Peter Vine, our Data Protection Manager oversees and monitors
compliance with applicable data protection legislation throughout
the organisation, ensures that Euromonitor meets the standards
set by, among other regulations, the General Data Protection
Regulation (GDPR) and the Data Protection Act.
- Measurement of outcomes
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Description of how the company monitors and evaluates anti-corruption performance.
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Measurement
All new staff members are issued with a copy of the Anti-bribery
and Corruption Policy and asked to sign an acknowledgement slips, all acknowledgements are kept in the
employee’s file by HR.
Any suspicions, concerns or queries are reported in the first instance to the Operations Director and
subsequently shared with the CR Manager for the purpose of monitoring and identifying any areas
where additional support or training may be required.
During the last 12 months Euromonitor International has not been involved in any legal cases, rulings
or other events related to bribery, corruption or extortion.