Responsible business
In 1915, Ricardo was set out on a mission to ‘maximise efficiency and eliminate waste’. This is mission remains at the core part of how we operate, informing our purpose to make the world safer and more sustainable, and our approach to responsible business: to focus on what matters.
Client work
We know that the biggest contribution we can make to the planet is through the work we do with our clients. We want to be the partner and champion of our clients and their sustainability goals, and see their sustainability success as part of how we achieve our ambition to be an industry leader of sustainable solutions.
Ricardo is in a unique position of offering solutions to carbon reduction and technical expertise, as well as being at the crossroads of science, technology, regulations and implementation. Through our extensive product and project work, we are the trusted policy, strategy and technology advisor to global clients drawn from national, devolved, regional and local governments, NGOs, industry associations, and multi-national private sector corporations.
Environment
As a business focused on sustainability, we recognise the importance of minimising the environmental harm caused by our operations. As part of this, we monitor a range of environmental metrics including our GHG emissions, energy and water use, and waste production across all our sites, so that we can identify improvement opportunities alongside our value chain and ensure legislative compliance.
Our people and communities
The success of our business is, quite simply, down to our people. We are committed to building an inclusive, engaging workplace that provides colleagues with meaningful and fulfilling work and the opportunity to develop their careers and flourish. We are passionate about creating a Ricardo where differences are valued, celebrated, and where we all belong.
This way of thinking extends to the communities we work in. We know that thriving businesses require thriving communities, so across Ricardo we support various community initiatives from environmental activities to encouraging the next generation of STEM professionals.
Governance
While everyone at Ricardo is responsible for helping us achieve our sustainability goals, the foundations of a strong responsible business framework with robust governance structure. This helps us to build and maintain an ethical business that champions human rights and the best ways of working.
Effective management and clear objectives are imperative to address our Environmental, Social and Governance issues. Our responsible business framework is set against the Global Reporting Initiative (GRI) and Sustainable Accounting Standards Board (SASB) where we have aligned our ESG disclosures and identified areas for improvement.
Our partnerships and commitments
Ricardo is a supporter of, works with, or is a signatory of the following organisations or global initiatives which reflect our commitments to ESG.