Mon, Jan 29, 2024

Annual Impact Report 2023: Doing Business Consciously

In this report, you will see how our global workforce of colleagues has brought together diversity of thought to challenge each other and work shoulder to shoulder for greater good.
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A Letter From The CEO

For many businesses, 2023 was a complex year of continued uncertainty. As a solutions-driven advisory firm that specializes in assessing and mitigating risk, we guided our clients through the ambiguity and helped them stay ahead. We used our values to help lead our work and remained committed to doing business consciously.

Within this report, you will discover how our global workforce of colleagues invested their time, talent and resources to impact lives and support our communities. We continued our journey to create an inclusive, diverse and supportive environment for every colleague at every level of the organization. We advanced our employee-driven philanthropy and volunteering, partnerships with charitable organizations, sustainability commitments and global inclusion and diversity initiatives. We hosted engaging panel conversations with colleagues, external guest speakers and trainings.

This year, we also welcomed Craig Wymant to Kroll as Chief People Officer. Craig has a history of building and scaling high-performing teams, and he is driving our focus on attracting and developing diverse talent so we can advance our inclusive and high-performance culture.

As we look toward 2024 and start to build on our accomplishments, I am overwhelmed with gratitude. Kroll’s people, partners and clients delivered another year of growth, collaboration and learning that will help shape our firm’s path forward.

Jake Silverman, Chief Executive Officer

A Letter From the Chief People Officer

Craig Wymant

I am delighted to have joined the Kroll team this past year as Chief People Officer. Kroll has seen impressive growth and expansion in recent years, and it is energizing to be part of an organization full of talented, innovative and compassionate professionals.

Starting out at Kroll, one of my first priorities was to virtually connect with colleagues around the world and learn about the firm through the unique and diverse perspectives of our people. These early connections have given me many meaningful insights to enhance our people proposition at Kroll.

I look forward to working alongside Kroll’s leadership to progress the firm’s People strategy, lead our Corporate Social Responsibility (CSR) efforts, and evolve our Inclusion and Diversity (I&D) strategy. Together with our global team, we are advancing an inclusive culture of belonging for all, building on the great collective efforts detailed in this report.

My time at Kroll has been incredibly rewarding so far. I am excited about what lies ahead as we continue to learn, grow and connect.

Craig Wymant, Chief People Officer

Kroll Cares Month

Kroll Cares Month

To embody our commitment to care, we once again hosted Kroll Cares Month—an annual, month-long volunteering initiative across all our global offices.

During Kroll Cares Month in September, Kroll supported over 75 causes and volunteered more than 8,500 hours. We provided more than 70,000 meals for hungry neighbors, planted more than 850 trees and donated blood that will save over 250 lives, in addition to other impactful support.

Among many remarkable efforts and diverse volunteer initiatives this year, our teams in New York packed 10,000 meals for kids and families. Our offices in India organized workshops to teach essential career skills to students. And colleagues in the UK biked, walked and ran to raise money for cancer research.

The success of the volunteer efforts would not have been possible without our people—and most especially our local city leaders and Corporate Social Responsibility (CSR) Champions. They found causes and volunteer projects that people cared about, then planned events to bring Kroll together.

kroll-cares-month-2

We also worked with mission-driven suppliers. In the Americas, we renewed our partnership with Spectrum Designs Foundation, an organization that creates meaningful and inclusive employment opportunities for people with autism. Spectrum produced T-shirts for teammates to wear during Kroll Cares Month.

Charity Partners

Kroll Cares extends far beyond the month of September. We believe there are opportunities for us to support our charity partners beyond traditional volunteerism. This year, we’re proud to have strengthened our relationships with several outstanding organizations.

Sponsors for Educational Opportunity

Kroll is committed to building a more equitable global workforce and is exemplified by our partnership internship program with Sponsors for Educational Opportunity (SEO).

SEO is closing academic and career gaps for young people who live in underserved communities. It supports high-achieving undergraduate students who have historically been excluded from corporate America. This summer, Kroll welcomed six SEO-affiliated students as interns in our Portfolio Valuation and M&A Advisory service lines.

 

Fallen Patriots

Children of Fallen Patriots Foundation

This partnership honors U.S. servicemembers while investing in the future through higher education.

The Children of Fallen Patriots Foundation provides college scholarships and educational counseling to children who have lost a parent in the line of duty. The Children of Fallen Patriots Foundation works with corporate partners, individuals and others to raise money to provide college funding for these deserving children.

 

Prevent Breast Cancer

Kroll’s Network of Women and CSR team collaborated to launch a new partnership with Prevent Breast Cancer, a UK-based charity that funds groundbreaking research to prevent breast cancer for future generations.

The partnership began with Prevent Breast Cancer delivering an awareness presentation and was expanded by our UK colleagues’ pledge to rally for the cause. Since then, colleagues have run the London Marathon, the Great North Run and The Big Half, and held events ranging from quizzes to bake-offs. Through these efforts, our people raised over $25,000 in support of Prevent Breast Cancer.

Acorn
Acorn
ReachOut Logo
ReachOut Logo
In-Kind Donation

 

In Italy, our Agrate Brianza and Milan offices held clothing and donation drives for WeWorld Onlus, a humanitarian aid organization. Colleagues collected school supplies, hygiene and beauty products, and books for women and children, then packaged the gifts and wrote motivational messages for their recipients.

 

Colleagues in Hyderabad collected clothes, footwear, books, toys and quilts for the Goonj Foundation, an organization that provides disaster relief and humanitarian aid across India.

In-Kind Donation

 

Our Southeast Asia team partnered with non-governmental organizations in Singapore to donate laptops. The computers will be used by non-profit organizations and lower-income families.

In-Kind Donation

 

Kroll’s Veterans Employee Network donated blankets to St. Albans Veterans Home in New York. St. Albans provides residential, nursing and rehabilitative care for veterans and their families.

Our Emissions Footprint

A critical input for any data-driven sustainability strategy is a comprehensive greenhouse gas footprint measurement. Kroll partnered with Watershed—a software company that provides an enterprise climate platform for measuring, reducing and reporting emissions—to measure our 2022 greenhouse gas footprint.

Measurement is an early step in our climate journey—and part of our duty to be responsible corporate citizens. Importantly, this measurement allows us to refine our sustainability strategy and launch initiatives to address and mitigate our climate impact even further.

This year Kroll continued to fulfill a multi-year commitment to be a CarbonNeutral® company, certified in accordance with The CarbonNeutral Protocol. The subsequent section titled “Carbon Neutrality” will provide more details on this commitment.

ISO Certifications

Carbon Neutrality

Carbon Neutral

Our commitment to being a CarbonNeutral® company means we’ve reduced our emissions globally through internal efficiencies and we then offset the required emissions we couldn’t reduce or eliminate.

To offset the residual emissions, we support a number of carbon reduction projects. People around the world are creating innovative solutions to reduce the amount of greenhouse gases in the atmosphere, but they lack the financial means to launch and scale their projects. Kroll helps finance sustainable projects in locations where our people live and work, and we receive credits for the emissions our contributions help reduce. In turn, these credits net against our footprint and compensate for Kroll’s total emissions. Read more about one of the projects Kroll recently supported:

How Kroll Can Support ESG Needs

How Kroll Can Support ESG Needs

Kroll’s ESG Advisory Services team harnesses our global subject matter expertise and technology solutions to help clients address ESG challenges and create sustainable value and growth.

Kroll provides an extensive range of advisory support and technology solutions to help clients achieve their ESG goals and navigate this evolving landscape. Companies can engage us throughout various stages of their business life cycle and ESG journeys to leverage our diverse team’s extensive global experience and insights in advisory, governance and risk. Kroll can help businesses:

Connect with us to learn more about how our experts can help your business achieve its ESG goals and navigate the changing landscape.

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Black Excellence Rooted Around the World

Black Excellence Rooted Around the World

The inaugural Kroll Conversation, Black Excellence Rooted Around the World, was held in recognition of Black History Month. Colleagues from the Black Employee Network discussed Black excellence and other facets of their workplace experience.

Anti-Semitism: Awareness, Accountability and Allyship

Anti-Semitism: Awareness, Accountability and Allyship

Members of the American Jewish Committee attended this Kroll Conversation to help colleagues identify expressions of anti-Semitism and become empowered allies to the Jewish community.

DigitALL: Innovation and Technology for Gender Equality

On International Women’s Day, members of the Network of Women and Women in Tech led a panel discussion that explored the gender equality gap in the technology field. They also talked about mentorship and how it affects success.

Tackling LGBTQ+ Discrimination Through Advocacy/Allyship

Tackling LGBTQ

In celebration of International Day Against Homophobia, Transphobia, Biphobia and Lesbophobia, members of Kroll’s Pride Network shared personal stories to increase awareness about ongoing discrimination against the LGBTQ+ community. They also talked about the importance of respect, inclusion and allyship.

Awards Recognition

Human Rights Campaign

In 2023, Kroll earned a 100/100 ranking on the Human Rights Campaign’s Corporate Equality Index, a nationally recognized benchmark that evaluates corporate policies, practices and benefits that are meaningful to LGBTQ+ colleagues. Our score this year marks a 10-point increase from last year’s score of 90.

Exelon

Exelon

Kroll was named to Exelon’s Diversity, Equity and Inclusion (DEI) Honor Roll for the fifth year in a row in 2023.

The Honor Roll is an annual recognition of Exelon’s partners that prioritize DEI. Kroll ranked first in the professional service providers category.

Diversity Journal

Profiles in Diversity Journal

Kroll colleagues Jessica Stamelman (President, Business Services, New York), Anju Chopra (Chief Innovation Officer, Cyber Risk, Nashville) and Venetia Manners (Chief Information Officer, Business Services, New York) were recognized in Profiles in Diversity Journal.

Stamelman received a Women Worth Watching in Leadership Award, Chopra earned the Asian Leadership Award, and Manners won a Women Worth Watching in STEM Award.

Savoy Magazine

Kroll’s Chief Inclusion and Diversity Officer, William Rolack Sr., was recognized in the spring edition of Savoy Magazine as one of 2023’s Most Influential Executives in Diversity and Inclusion. Rolack has been shaping diversity and inclusion strategies, as well as overseeing human resources and mobility management for more than two decades.

Over the past two years, he collaborated extensively with leaders and stakeholders to accelerate I&D practices at Kroll and to bring his “platinum rule” to life.