Our ESG Commitments

ESG is at heart of ESGgen

By using ESG to unlock value in our employees' lives and in our business, we are committed to being a next generation employer. Our commitments will evolve (like ESG itself) and are in line with current best practice benchmarks (August 2021).

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Environmental

Net zero:
ESGgen will have net zero C02 emissions by 2030.

Less water:
We will reduce the business’s per capita water consumption by 25% by 2030.

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Social

Stamping out inequality:
Executives and Employees remuneration is visible to all and determined solely on skill and experience not based on gender, belief, ethnicity or sexual orientation.

Reducing the pay gap:
Executives (or the highest paid employee) agree to cap remuneration at 7x the company mean.

Diverse at its core:
The business commits to maintaining a diverse workforce, Board of Directors and Board of Advisors.

Flexible work = equal opportunity:
Support a fully flexible workforce to work from the office or at home - anywhere in the world. So that we can hire the best talent regardless of geography.

Fair living wage is not enough:
Entry level remuneration will start at 2x the London living wage.

4-day work week:
ESGgen will operate on a 4-day work week (Monday-Thursday) to ensure its people can have a better work-life balance.

Time-off to rejuvenate:
Each employee will get 25 holiday days plus statutory holidays.

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Governance

ESGgen is the sum of its people:
That’s why every employee will receive a share of the company via an Enterprise Management Incentive (EMI) option scheme.

No free work:
All interns will be paid and we do not use Zero Hours Contracts.

Oversight of the Board is critical:
Two independent Directors are required for any Board meeting to be valid.

External guidance:
Advisory Board to meet twice a year to provide external perspective and guidance.

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