Since K2 was founded in 2002, we have strived to be responsible corporate citizens and to contribute positively to society. The creation of our KINETIC business strategy in 2022 gave these intentions heightened focus and renewed momentum. In this report, we’re pleased to be able to review our progress versus the strategy.
Big responsibility
Our Global Role
We are constantly assessing the key factors that bring positive environmental and social benefit. We try to learn from our experiences in addressing any risks and opportunities that arise. Additionally, we propose innovative initiatives to positively enhance our social and environmental impact. We continuously evaluate the progress we are making towards achieving our commitments, targets, and positive sustainability outcomes.
Governance & compliance
Sustainability Assessment
EcoVadis are a global sustainability ratings company who have worked with over 125,000 businesses worldwide. Through evidence-based, expert-validated ratings and actionable universal scorecards EcoVadis provide K2 with benchmarks, insights and a guided improvement journey for environmental, social and ethical practices. We are proud that in 2023 we progressed from a silver to a gold rating.
Results
In 2023, the EcoVadis assessment was taken by 65 partners (38.62% of our partner network by spend) versus 36 partners (33.12%) in 2022.
The EcoVadis platform allows us to share our performance with stakeholders and to monitor the performance of our commercial partners.
We work with EcoVadis to monitor & improve sustainability performance across the areas of environment, labour and human rights, ethics, and sustainable procurement. Undertaking the EcoVadis ratings assessment process is one of the ways we are able to continually assess our sustainability credentials and progress.
72
Overall score
80
Environment
70
Labour & human rights
70
Ethics
70
Sustainable procurement
What’s in the report?
An Update on Plastics
We are also working with partners in Singapore and Switzerland to start reusing cardboard packing boxes where appropriate and possible. This involves a partner receiving a household goods move, assessing what boxes are of a usable quality and then reusing them in another move. This encompasses key circular economy principles and will significantly cut down the waste from our household goods moves. This programme was started in May 2023 and was trialled successfully with the intention to expand into more regions in 2024.
What’s in the report?
An Update on the K2 Foundation
K2 Foundation raised funds totalling $77,000 in 2023, and these have been used primarily to support the rebuilding of a school in Brazil. The fundraising activities reached a real crescendo at the end of the year with a team of K2 employees travelling to Nepal to trek to Everest Base Camp, and a further team volunteering in the local communities.
Read our ’23 Report
As a responsible global company we take the wider areas of sustainability and transparent disclosure seriously.
Look Back to ’22
Our 2022 report was a first for K2 Corporate Mobility, take a look back to see where we have improved.
Plastics Reduction
We continue to work with suppliers & partners around the globe to reduce plastics in our supply chain.
