HH Global Limited

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

HH Global has committed to sourcing 100% of required electricity from certified renewable sources by 2025. Where direct renewable sourcing is not possible, they will purchase Renewable Energy Certificates (RECs). They plan to work with a renewable energy project developer to support selection of high-quality RECs whenever moving an office's energy supply to renewables is not possible. Mapping and reporting electricity usage across all sites is ongoing.

As part of Net-Zero milestones, HH Global commits to ongoing investment in nature-based solutions and 10% neutralization by 2040 (alongside 90% absolute reduction). The firm explicitly criticizes low-quality carbon offsets, noting 'many existing carbon offsets are of inadequate quality and hard to verify, with some even increasing global emissions. The new Net-Zero standard allows less room for companies to cut corners.'

• Living Wage and ethical labour practices

  Living Wage commitment on track for completion in 2025, ensuring HH Global is a Living Wage employer and that Tier 1 supply chain partners have a Living Wage Policy in place. Aligned to UN SDGs 8 and 10.

• Office energy and single-use plastic elimination

  Eliminate single-use plastics in HH Global offices by 2025 - assessments completed in Leatherhead and Tokyo, with nine additional sites underway across APAC, North America, LATAM and EMEA. Office electricity usage mapped across all sites to support 100% renewable target.

• Hub carbon calculator for client campaign decarbonisation

  Hub proprietary technology platform provides automated carbon emissions estimates at quotation stage by leveraging the CO2 calculator with a dataset built from +$2.3B industry spend. All client quotations now carry a carbon estimate; in FY22 material assessments expanded to ceramics, metals, fabrics, and glass. Bayer Principles Programme delivered combined saving of 1,092 tCO2e (93% of 1,170 ton joint target).

• Supplier engagement via Sustainable Procurement Framework

  HH Global's industry-leading Sustainable Procurement Framework (SPF), launched May 2022, educates the supply chain on the UN SDGs and drives measurable outcomes across all 17 goals. Over 600 supply chain partners covering $1B+ procurement spend across 45 countries have been onboarded. The program assesses suppliers on human rights, working conditions, ethics, environment and community engagement, with annual awards and improvement pathways. Plans to add Modern Slavery training via SPF in FY2025.

• Purchased goods and services carbon reduction

  As a procurement partner managing $2.5B+ of spend through 8,500 suppliers, HH Global's primary climate lever is reducing emissions embedded in purchased goods and services. The company reports +44k metric tons of carbon reduction in purchased goods and services for FY2023, driven through supplier engagement and sustainable sourcing decisions.

• End-of-life treatment of sold products

  15% of Scope 3 emissions (~148k tCO2e) arise from end-of-life treatment of sold marketing products. Digital screen media calculator now factors in recycling and disposal practices alongside packaging, weight, screen counts, and renewable-powered usage to give clients visibility into lifecycle impact.

• Decarbonize purchased goods (paper/card) supply chain

  82.7% of total emissions (820,768 tCO2e) come from purchased goods and services, mostly large volumes of paper and card products. HH Global works closely with suppliers and logistics partners to encourage renewable energy switch and source environmentally friendly materials. The Sustainable Procurement Framework (SPF) drives supplier ESG maturity progression across ~8,600 strategic suppliers.

• Upstream transport and distribution optimization

  3.99% of Scope 3 emissions come from upstream transportation and distribution. Logistics capabilities and embedded teams (e.g. adidas) optimize supply chain routing to reduce transport emissions.