RGP Outlines Progress on Key Corporate Responsibility Initiatives
September 10 2024 - 4:05PM
Business Wire
RGP (Nasdaq: RGP), a global consulting firm, today released an
update on the progress the company made in its commitment to
corporate responsibility initiatives in fiscal year 2024.
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“As a human-first company, our brand values guide the day-to-day
interactions we have with each other and our clients, and they feed
directly into our human capital development strategy,” said Kate
Duchene, Chief Executive Officer at RGP. “Over the past year, we
conducted a materiality assessment to better understand our
sustainability priorities and identify areas where we can make the
greatest positive impact. Through these efforts, we identified high
impact areas that will help us continue to enhance results for our
investors, employees, clients and all our stakeholders.”
Key highlights from the FY 2024 period spanning June 1, 2023 to
May 31, 2024 include:
- Diversity, Equity & Inclusion: RGP’s human-first
culture is designed to offer flexibility and choice. As of the end
of FY 2024, 55% of our U.S. workforce was represented by women,
including 54% of management at the VP level and above and 80% of
our C-suite. More than one-third (34%) of our U.S. workforce was
racially or ethnically diverse as of the end of FY 2024, including
26% at the VP level and above and 40% of our C-Suite.
- Learning & Development: In FY 2024, RGP employees
spent an estimated 11,910 hours on learning and development. The
firm remains committed to investing in their long-term growth and
wellbeing through learning opportunities across various learning
platforms, as well as RGP’s own educational content through RGP
U.
- Talent Attraction, Engagement & Retention: Research
continues to demonstrate having an engaged workforce is vital to a
company’s progress and success. RGP conducts regular surveys to
evaluate employee satisfaction across a wide range of factors. In
FY 2024, RGP’s voluntary turnover rate for internal management
employees was 9%.
- Environmental Sustainability: RGP calculated its
inaugural greenhouse gas (GHG) inventory covering operations from
FY 2024 and intends to utilize the results to set targets in line
with the Science-based Targets Initiative (SBTi).
- Data Privacy and Cyber Security: RGP utilizes the CIS
CSC framework to leverage a risk-based approach in its information
security program and provides its employees with monthly training
on general cybersecurity and data privacy risks. In FY 2024, the
firm experienced no material cybersecurity breaches.
Read more about RGP’s commitments and progress here: Corporate
Social Responsibility Fact Sheet.
ABOUT RGP
Named among Forbes’ World’s Best Management Consulting Firms for
2024, RGP is a global consulting firm based in Irvine, CA (with
offices worldwide) focused on delivering consulting execution
services that power clients’ operational needs and change
initiatives utilizing a combination of bench and on-demand, expert
and diverse talent. As a next-generation human capital partner for
our clients, we specialize in co-delivery of enterprise initiatives
typically precipitated by business transformation, strategic
transactions or regulatory change. Our engagements are designed to
leverage human connection and collaboration to deliver practical
solutions and more impactful results that power our clients’,
employees’, and partners’ success.
Without a doubt our greatest asset and key differentiator is the
quality of our talent. We attract top-caliber professionals with
in-demand skill sets who seek a workplace environment characterized
by choice and control, collaboration and human connection. The
trends in today’s marketplace favor flexibility and agility as
businesses confront transformation pressures and skilled labor
shortages even in the face of protracted economic uncertainty. Our
client engagement and talent delivery model offer speed and
agility, strongly positioning us to help our clients transform
their businesses and workplaces. Our model is especially relevant
at a time where cost reduction initiatives drive an enhanced
reliance on a flexible workforce to execute transformational
projects.
With approximately 3,400 professionals, we annually engage with
1,800 clients around the world from 38 physical practice offices
and multiple virtual offices. We are their partner in delivering on
the “now of work.” Headquartered in Irvine, California, RGP is
proud to have served 88% of the Fortune 100 as of May 2024.
The Company is listed on the Nasdaq Global Select Market, the
exchange’s highest tier by listing standards. To learn more about
RGP, visit: http://www.rgp.com. (RGP-F)
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version on businesswire.com: https://www.businesswire.com/news/home/20240910586271/en/
RGP Investor Contact: Jenn
Ryu, Chief Financial Officer (US+) 1-714-430-6500
jennifer.ryu@rgp.com
RGP Media Contact: Pat Burek
Financial Profiles (US+) 1-310-622-8244 pburek@finprofiles.com
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