Informa’s sustainability department accomplishes many of the UN Global Goals for Sustainable Development. The sustainability department addresses Gender equality, Industry innovation and infrastructure, Sustainable cities and communities, Responsible consumption and production, and climate action.
Nicholls State University
Informa is pushing gender equality through events that they hold. According to Tara Dougal the Head of Content for Informa Markets was involved with The Women in Leadership Forum, “The Women in Leadership Forum is a networking event that brings together male and female executives from pharmaceutical companies across the world” (The Role We Play Sustainability Report, p. 12). The Role We Play Sustainability Report states, “The forum is held in North America, India, and China… And the overarching focus of the Forum is to ensure that women have the support they need to progress into leadership roles” (p. 12).
Both of these events that Informa are involved in relates to their mission by offering women great mentorship, and networking opportunities. Those opportunities can then be used by the women that attend the events to advance their positions in their companies’ management structure.
Industry, Innovation, and Infrastructure
“Informa is innovating the research database industry by providing more peer-reviewed articles free of charge” (The Role We Play Sustainability Report, p.9). Most companies like Informa offer very few open access articles. Informa is actively taking steps to provide more high-quality open access journals.
This goes a long way to demonstrate their determination to the advancement of the quality of information that is available to the public. By allowing people access to free academic journals Informa is providing people free information that is verified by a group of scholars unlike what is generally available through search engines like Google.
Sustainable cities and communities
“In 2018 Informa donated £354,000 in cash and £1,054,000 worth of other services and donations to the communities that their colleagues are based in” (The Role We Play Sustainability Report, p. 23). Informa’s philanthropic efforts show that the sustainability department is not just there to look good on the company’s behalf, the department is actually giving back to the communities that they have offices in. They go out of their way to donate time and money for the wellbeing of the communities that they are involved in.
Responsible consumption and production
In The Role We Play Sustainability Report, the report delves into detail about their responsible consumption and production efforts. According to the report, “A segment of Informa’s sustainability department is now composed of a sustainable events team. They are focusing on the construction and delivery of the events. Informa is now taking steps to ensure that the events are produced in accordance with the Informa Sustainable Event Management Standard”(p. 35). Informa realized that they had to change the way that they hold events to ensure that they were more ecologically responsible.
Informa is also finding more environmentally friendly ways to produce books and journals. The Role We Play Sustainability Report states that they are “at nearly 100% sustainably sourced paper and finding more environmentally friendly ways to dispose of their waste…”(p. 35).
Informa’s consumption methods show that they are committed to being environmentally friendly by acquiring materials in a sustainable manner. The sourcing of sustainably sourced materials drastically reduces the waste that would have otherwise been produced.
The idea for these innovations stems from a question that almost all companies face. The question is are we as a company doing things in a way that ensures our long-term business success while making sure their contribution to society and the environment is as beneficial as possible?
Informa wanted to ensure that they are doing everything that they can to optimize their organization. They want to optimize their organization financially, environmentally, and socially.
The overall impact of their Gender Equality efforts is that they are seeing more women attend their events. In The Role We Play Sustainability Report, Jenny Adams, Head of Innovation, Informa Connect from London claims that “The FundForum, the number one global investment management event, saw the highest ever number of women in attendance in 2018... Twenty-five percent of the attendees of the event were women... FundForum had a list of speakers and thirty percent of them were women…”(p. 12). More women are attending events and as a result, they are exposed to more opportunities. The events that they are holding are helping women find their way into more upper-level positions in many different companies.
Their industry, innovation, and infrastructure efforts benefit the business by establishing a new business opportunity and as a result having more opportunities to establish more customers. “In 2017 alone they included a new publishing company to their database and from that company alone added 90 open access journals to different specialist subjects including, diabetes, cancer, geriatrics, nanomedicine, neurology, and psychiatry”(The Role We Play Sustainability Report, p. 9). Due to the acquisition, they obtained more free journals. If someone were to deem the free journals beneficial, they may be inclined to purchase more articles from Informa. They may see an increase in sales because potential customers' barriers to entry are so low.
Informa's sustainable cities and communities efforts benefit the company by providing additional training opportunities. “Every colleague that Informa has gets paid time off that is allotted to volunteering for their local communities...”(The Role We Play Sustainability Report, p. 9). They go on to elaborate that, “Not only is volunteering a good showing of goodwill, but it is also used as a tool to develop team-building, skills development, and communication…”(The Role We Play Sustainability Report, p. 9) Informa is able to justify the cost of allowing employees paid time off by saying that it provides employees with valuable training. Without that justification, the volunteer time would be deemed an expensive waste of company time.
Informa's responsible consumption and production efforts are another reason that they establish their sustainability program. “Informa now uses almost 100% sustainably sourced paper...”(The Role We Play Sustainabiliy Report, p. 35). That initiative drastically reduces the amount of regular paper that they annually use. The sustainably sourced paper is drastically better for the environment.
“On top of the responsibly sourced paper, they also partnered with Book Aid. Because of the partnership, Informa donates books to Book Aid and Book Aid distributes the books to people that need them across the world…”(The Role We Play Sustainability Report, p. 35). This partnership drastically reduces the amount of waste that Informa produces. The reduction of waste drastically reduces its carbon footprint.
Informa. (n.d.). The Role We Play Sustainability Report 2018. Retrieved from https://www.informa.com/globalassets/documents/sustainability/informa-sustainability-report-2018---the-role-we-play---final-low-res96.pdf
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Business Website: https://www.informa.com/
Year Founded: 1998
Number of Employees: 5001 to 10000
“Informa is an international Business-to-Business Events, Academic Publishing, and Information Services Group” (The Role We Play Sustainability Report, p. 1). Informa provides academic journals to many fortune 500 companies in order for those companies to make educated decisions with the information that Informa provides.