Case study - Cafeyn

Cafeyn executed on several ESG commitments in 2022 while continuing to expand its global presence. Notably, Cafeyn took steps to green its operations and delivered on a strategic goal to improve gender diversity in leadership positions. 2022 highlights include: 

Climate Action

• Took meaningful action to reduce operational emissions by procuring 100% renewable electricity for its Paris headquarters and Utrecht, Netherlands office.
• Cafeyn further expanded the scope and methodology of its Scope 3 calculation; while leading to a significant emissions increase, the company has flagged it as a priority area and it has already deployed low carbon cloud solution for data storage as one mitigation lever.

Social impact & stakeholder engagement

• Contributed to the fight against ‘fake news’ through the promotion and support of independent journalism for future generations. Cafeyn provides free press access for French middle school students in collaboration with the French government.
• It also established a partnership with the Guardian Foundation to help aspiring journalists from under-represented backgrounds break into journalism, with the support of a €100,000 grant from the Bregal Helps Initiative.

Diversity, equity, and inclusion

• Advanced diversity in its leadership and workforce, maintained an established DEI policy and a formalised a recruitment strategy for diverse candidates.

Future focus

• Progress towards carbon neutrality via data centre consumption reduction, travel policy optimisation, and expansion of renewable electricity in offices.
• Improve benefits and inclusion programmes, such as parental leave and free nursery places, to retain a diverse workforce.