Heidrick & Struggles International Inc.

14/08/2024 | Press release | Distributed by Public on 14/08/2024 19:15

Heidrick & Struggles Releases 2023 Sustainability Report Showcasing Continued Commitment to a Sustainable Future

The firm's fourth sustainability report highlights key achievements including its ongoing efforts to build future-ready leadership teams, its first CDP climate disclosure, and driving responsible innovation with GenAI.

CHICAGO, August 14, 2024 - Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today released its 2023 Sustainability Report, detailing significant progress across its sustainability initiatives. This year's report emphasizes sustainability as a core aspect of the firm's strategy, better positioning the firm to create value for its people, clients and investors. The report stresses the firm's dedication to transparency, environmental initiatives, and fostering a culture of inclusion, collaboration, and excellence where everyone has the opportunity to succeed. Similarly, the firm remains focused on supporting our clients with their sustainability efforts, as companies face societal and geopolitical divisions, economic volatility and accelerated innovation.

"Our commitment to sustainability is integral to our business strategy, as we strive to create lasting, unmatched value for our clients, colleagues, and key stakeholders. Our 2023 sustainability report reflects our progress and ongoing efforts to align our operations with our sustainability goals, ensuring that we continue to positively impact our communities and the environment," said Tom Monahan, CEO of Heidrick & Struggles.

Key sustainability highlights from 2023 include:

  • Our client work continued to evolve and expand across the gamut of sustainability topics, surpassing 250 engagements for mission-driven organizations and 300 engagements helping advance the sustainable economy.
  • Further aligned our DE&I initiatives with our business strategy, to fuel innovation and strong performance across our workforce, improve employee engagement and satisfaction, and ultimately drive sustainable growth and success.
  • Our colleagues donated more than 2,900 hours in support of 45 non-profit organizations on our Global Day of Service.
  • Submitted our inaugural response to the CDP Climate Change questionnaire and achieved a B- score.
  • Committed to setting near-term science-based targets with the Science Based Targets Initiative (SBTi).
  • Received an independent SOC 2 Type II report that verifies operating effectiveness of our cybersecurity controls.
  • Established an Acceptable Use Policy for Generative Artificial Intelligence (AI) and a dedicated working group to foster responsible innovation.

"While we're proud of our progress, we recognize that this is a journey of continuous improvement, and we remain committed to investing in a collaborative and inclusive culture that drives transparency, accountability, and ultimately, high performance," added Monahan.

About Heidrick & Struggles
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping, and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time.® www.heidrick.com

Media Contact
Bianca Wilson
Director, Public Relations, Americas
Heidrick & Struggles
[email protected]