IT giant Capgemini has reaffirmed its dedication to environmental, social, and governance (ESG) principles by updating its ESG policy, originally established in 2021.
This updated policy introduces a ninth priority focused on ethics, expanding upon the initial eight, and outlines 14 specific objectives aimed at fostering sustainable growth, responsible business practices, and corporate accountability.
Significant Achievements to Date
By the end of 2024, Capgemini had already surpassed several of its 2030 ESG targets:
- Emissions Reduction: Achieved a 93% reduction in absolute Scope 1 and 2 emissions and a 62% decrease in business travel emissions (Scope 3) per employee compared to 2019 levels.
- Renewable Energy: Attained a 98% share of renewable energy in the Group’s electricity consumption, aligning with its goal to reach 100% by 2025.
- Gender Diversity: Increased women’s representation in the global workforce to 39.7%, nearing the 2025 objective of 40%. Women now hold 29% of executive leadership positions, up from 17% in 2019, approaching the 2025 goal of 30%.
- Employee Development: Employees averaged 77 learning hours annually, significantly exceeding the target of a 5% annual increase since 2019.
- Cybersecurity Leadership: Received recognition from external rating agencies such as Bitsight, RiskRecon, and Cybervadis for excellence in data protection and cybersecurity.
Enhanced ESG Objectives
Capgemini’s updated ESG policy sets forth ambitious goals:
- Net Zero Commitment: Aims to reduce emissions across Scopes 1, 2, and 3 by 90% to become net zero by 2040, as validated by the Science Based Targets initiative (SBTi). The company also commits to investing in high-quality carbon credits to address existing atmospheric carbon.
- Gender Equity: Pledges to maintain at least 40% women in its global workforce and raises the objective for women in executive positions to 35% by 2030.
- Digital Inclusion: Extends its target to support 10 million beneficiaries in underserved communities through digital inclusion programs by 2030. Starting in 2025, Capgemini will align its reporting with the Business for Societal Impact (B4SI) framework, focusing on the depth of impact on individuals.
- Ethical AI Usage: Aims to strengthen the ethical use of artificial intelligence among its employees, recognizing the transformative impact of AI on economies.
- Client Sustainability Support: Plans to expand its portfolio of offerings to assist clients in achieving their sustainability commitments.
Leadership Perspective
Aiman Ezzat, Chief Executive Officer at Capgemini, said, “ESG is fundamental to our corporate strategy and long-term value creation. This enhanced ESG policy reflects our commitment to innovation, ethical leadership, and meaningful impact to create a future where our teams, our clients, and our partners can thrive in a responsible and resilient economy.”
About Capgemini
Capgemini is a global business and technology transformation partner, assisting organizations in accelerating their transition to a digital and sustainable world.
With a diverse team of 340,000 members across more than 50 countries, Capgemini reported global revenues of €22.1 billion in 2024.
For more details on Capgemini’s updated ESG policy, visit Capgemini ESG Policy.
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