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Various Omnicom agencies are doing positive work in this area.
See: Omnicom, at the holding company level, contributes to partners that empower audiences and society to develop skills.
Advertising and Marketing Standard, Version Disclosures and metrics cover calendar year 2021, unless otherwise indicated.
Discussion of policies and practices relating to behavioral advertising and consumer privacy Percentage of online advertising impressions that are targeted to custom audiences Total amount of monetary losses as a result of legal proceedings associated with consumer privacy Omnicom has a number of affiliates engaged in the business of buying and placing media using behavioral advertising practices.
Such activities primarily occur through Omnicom Media Group and its subsidiaries OMD, PHD and Hearts & Science.
At times, Omnicom and its subsidiaries use in-house tools and data to launch behavioral advertising campaigns for Omnicom’s advertiser clients.
At other times, Omnicom and its subsidiaries use industry standard providers to do so on Omnicom’s behalf, such as Facebook, Google, numerous demandside platforms and other providers.
Omnicom and its subsidiaries take privacy compliance very seriously and have ingrained it into the company’s culture.
In the United States, Omnicom complies with the California Consumer Privacy Act (CCPA), guidance from the Federal Trade Commission (FTC) and generally accepted industry self-regulatory standards.
In the EU and UK, Omnicom complies with the General Data Protection Regulation (GDPR).
Each Omnicom subsidiary maintains a thorough privacy policy, including the following: https://omnicommediagroup.com/privacy-notice/ and https://www.annalect.com/privacy/. Such policies and Omnicom’s behavioral advertising practices are regularly reviewed to stay on top of new legal requirements and prevailing industry best practices.
Consumers can exercise certain choices regarding the processing of their information as described in such privacy policies or by contacting privacy@omnicommediagroup.com.
Omnicom’s aim is to help its advertiser clients achieve their goals by serving the right advertisement at the right time to the right audience.
This benefits both the advertiser who wants to reach specific audiences, and consumers, who then receive advertisements that are relevant to their interests.
Advertising campaigns may involve many methods to do so, including targeting advertisements to custom audiences.
Campaigns may also involve contextual advertising, the use of influencers, promotions on social media and advertising on traditional media.
Given the complexity of such campaigns and the wide variety of methods used for Omnicom’s thousands of clients, it is not feasible to provide a specific percentage of impressions that are targeted to custom audiences.
In the ordinary course of its business, Omnicom may receive third-party subpoenas from regulators or private litigants regarding the customer privacy practices of Omnicom’s advertising clients.
These inquiries are generally not based on the activities of Omnicom.
Total amount of monetary losses as a result of legal proceedings associated with false, deceptive or unfair advertising Percentage of campaigns reviewed for adherence with the Advertising Self-Regulatory Council (ASRC) procedures, percentage of those in compliance Percentage of campaigns that promote alcohol or tobacco products In the ordinary course of its business, Omnicom may be involved in legal proceedings brought by regulators or private litigants who object to the advertising or marketing campaigns disseminated by Omnicom’s advertiser clients.
Such proceedings may involve allegations that the advertising at issue is false, deceptive or misleading.
These proceedings, however, are typically based on the actions of Omnicom’s clients and handled by such clients.
There have been no material monetary losses incurred by Omnicom as a result of legal proceedings associated with allegations of false, deceptive or unfair advertising.
While Omnicom’s advertiser clients are ultimately responsible for the advertising claims made about their products or services and for defending their campaigns before the Advertising Self-Regulatory Council (ASRC), Omnicom’s attorneys and business affairs teams are familiar with the guidance and precedent set forth by the National Advertising Division (NAD), National Advertising Review Board (NARB), Children’s Advertising Review Unit (CARU) and ASRC’s other self-regulatory programs.
Omnicom takes this ASRC guidance into account when reviewing the various U.S. advertising and marketing campaigns it develops on behalf of clients.
Accordingly, Omnicom is confident that require review are reviewed for adherence with ASRC procedures.
In each of the years, alcohol clients comprised the large majority of these percentages, and a portion of our work for tobacco clients promoted tobacco cessation programs and smoke-free tobacco products.
Number of employees Omnicom's U.S. Equal Employment Opportunity Commission (EEOC) Data as of Dec.
We believe that these statistics, and the diversity of our Board with six of ten director nominees being women, four being African American and one being Latina, clearly reflect the value Omnicom places on workplace diversity and the strength of its efforts to promote professional opportunities for women and diverse individuals.
Given the scope and variety of Omnicom’s advertising and marketing campaigns, this metric cannot be accurately quantified.
Omnicom had employees as of Dec. 31, 2021.
If you have questions or comments regarding this report, please email csr@omnicomgroup.com.
of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are generally identified through the inclusion of words such as “aim,” “anticipate,” “aspire,” “believe,” “commit,” “endeavor,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “seek,” “strive,” “target,” “will,” and “work,” or similar statements or variations of such terms and other similar expressions.
The forward-looking statements in this Report and the materials or websites cross-referenced concern the Company’s goals or expectations with respect to corporate responsibility, sustainability, employees, environmental matters, policy, procurement, philanthropy, data privacy and cybersecurity, and business risks and opportunities.
Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such statements.
Forward-looking statements are not guarantees or promises that goals or targets will be met.
The Company undertakes no obligation to update any forward-looking or other statements, whether as a result of new information, future events, or otherwise, and notwithstanding any historical practice of doing so.
In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.
The information included in, and any issues identified as material for purposes of, this document may not be considered material for Securities and Exchange Commission (“SEC”) reporting purposes.
In the context of this Report, the term “material” is distinct from, and should not be confused with, such term as defined for SEC reporting purposes.
our CEO Grace is what makes us inherently human—the better self that shines a light for others.
It is the goodwill of human nature that is predisposed to helping others.
At Korn Ferry, we are purpose-driven to provide a better future for those who follow.
As a global organizational consulting firm of more than play, the example we set, and our responsibility as a corporate citizen.
We are built upon a foundation of trust, respect, and service—with and to our clients, colleagues, investors, and the communities where we work and live.
In everything we do—and will continue to do—we are guided by our values.
These days, we’re seeing more change than we have in the past people are turning to leaders for help, hope, direction, and decisions.
Leaders need to lead differently, and companies need to respond accordingly.
After all, leadership is inspiring others to believe and enabling that belief to become reality—and that takes grace.
Corporate responsibility provides us with important opportunities to change lives.
We are motivated and committed to helping people exceed their potential, and to exceed their potential, people need an abundance of opportunity.
We support our people, community, and planet through this lens.
ESG Report In our role as the leading organizational consultancy, we continue to pursue our purpose of helping people and organizations exceed their potential.
In these ways, we believe Korn Ferry can have the most impact for our internal and external stakeholders.
finding and nurturing the best talent—and we take the same approach for ourselves.
It is a priority for us to hire, develop, and advance talent across the firm.
To attract and retain the top talent, we seek to deliver a leading employee experience by fostering a culture of inclusion and an environment where everyone feels their input is valuable, can do their best work, and can exceed their potential.
We care about helping people and organizations achieve more than they ever thought possible.
we partner with and out into the communities they serve.
We strive to create value for our clients and integrate ESG considerations into the way we do business.
We do this by bringing together the science of what makes people tick, what changes behavior, and what motivates us to do one better.
We also engage with our clients to share and collaborate on initiatives and contribute to a culture of sustainability.
This includes working to advance the ESG profession through placement of ESG professionals into client organizations.
We are committed to making a difference in our communities and the world.
We proudly contribute financially to organizations and causes that we believe will significantly impact the greater good.
We believe that donating our time, talent, and resources is equally as important.
We are committed to building value for our shareholders.
We view our focus on environmental sustainability, social responsibility, and good governance as an important consideration to our value-creation strategy, which delivers benefits to our shareholders.
In representing approximately 70% of our outstanding shares to engage on ESG matters.
a more sustainable world of work that works for everyone.
| WHO WE ARE AND OUR VALUES Who we are At Korn Ferry, our responsibility as a global corporation is central to our vision.
Our commitment to act ethically begins with each of us and is embedded in our core values, which are designed to guide the way we work together and with others.
We believe that genuinely connecting with others can only be done by removing the “professional” façade.
We work with our clients to design optimal organization structures, roles, and responsibilities.
We help them to hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers.
We know how to ensure organizations have the right talent with the right capabilities to ignite their business strategy—whether it’s growth and innovation, globalization, or transformation.
We help our clients achieve superior performance by addressing the people and organizational requirements they need.
Inclusion We embrace people with different points of view, from all backgrounds.
And we think and work as one team.
Honesty We say what we mean and do what we say.
And we make it safe for people to speak out when they see something wrong.
Knowledge We are insatiably curious, always learning new things.
And we actively help our colleagues grow and develop, too, with mentoring and support.
We always strive to be better today than we were yesterday and do our best for our clients, colleagues, and shareholders.
our values | OUR ENVIRONMENTAL SUSTAINABILITY FOCUS environmental sustainability focus Korn Ferry is committed to environmental sustainability.
We completed our first annual GHG inventory in 2017.
Since that time, we have engaged an independent third-party auditor to verify our GHG inventory process annually.
We also continue to enhance our monitoring and disclosure of GHG emissions as an important foundation for our environmental sustainability program.
the emissions our people generate through workplace electricity use and when traveling on client matters.
reporting on our which are generated through purchased electricity and heat usage across our global office footprint.
approximately equivalent (“MTCO2e”), with almost 60% of these emissions (approximately 5,700 metric tons) from electricity consumption in our offices.
to heat our offices and gasoline or diesel to operate our Company-leased vehicles, as well as refrigerants used in office air conditioning systems.
The total Scope a reduction of over 1,500 MTCO2e, or a 13% year-over year decrease, from 2019 to 2020.
Comparing emissions, we were also able to reduce such emissions by approximately 650 MTCO2e, or a 5% year-over year reduction.
Driven primarily by the global restrictions on travel resulting from the COVID- air and road travel dropped dramatically from more than 44,000 MTCO2e in 2019 to just over 4,000 MTCO2e in 2020, or a 90% year-over-year decrease.
In everyday terms, this reduction is estimated to be equivalent to carbon dioxide emissions from million gallons of gasoline consumed or approximately 4.8 billion smartphone charges.
we can preserve business travel reductions for future years.
( reduction in Scope 3 business travel emissions from 2019 to 2020 13% 90% 1 Estimation based on the Environmental Protection Agency’s GHG Equivalencies Calculator.
For transparency purposes, we are presenting two alternative methodologies for calculating Scope 2 emissions.