This report covers the impact of Deloitte UK during the period 1 June 2020 to 31 May 2021.
In October 2012, we produced our first Deloitte UK Impact Report outlining performance against our targets during the year to 31 May 2012. In 2020 we consolidated our reporting across our Impact, Financial Statements and Transparency Report. This year we continue to integrate our public reporting, with the launch of our Pay and Tax Impact Reports at the same time as our ‘Annual Report’.
This integrated suite of reports outline how we continue to progress as a responsible business and provide more detail on our business strategy and financial performance. We also cover a range of other issues of importance to our key stakeholders, including narrative, metrics and case studies, demonstrating our impact on our clients, our people and society.
Materiality and stakeholder engagement
Our impact is shaped by the relationships we have with our stakeholders, including our people, our clients, charities and NGOs, local communities, industry groups and trade bodies, as well as governments and regulatory bodies.
We continue to engage closely with our key stakeholder groups in a variety of ways, some formal and some informal. We share our expertise on issues such as social mobility and the future of work by contributing to government policy consultations and select committee inquiries.
These sit alongside our established stakeholder engagement channels such as client service assessments, CFO surveys and people surveys, hosting events and debates on topical issues, participating in advisory and advocacy groups and our annual Deloitte Stakeholder Forum.
Each of these interactions helps us to maintain strong and open relationships with our key stakeholders and to ensure we retain an absolute focus on issues that are material to those individuals and groups, achieving a greater impact in everything we do.
Defining materiality, completeness and responsiveness
Materiality in this report refers to issues, concerns and impacts of importance to our key stakeholders. Disclosing material information ensures stakeholders can make informed judgements, decisions and actions about our sustainable performance and our ability to create value for our people, our clients and society.
A summary of sample topics and key themes arising is included here. We have used the core themes arising from our stakeholder engagement to identify the three focus areas that form the structure of our UK Annual Report.
Assurance and data validation 2021
Across the Annual Report our environmental performance information and financial results are externally assured. Other measures go through an internal assertion testing process by our Climate Change & Sustainability Services Team.
BDO LLP provides:
- Independent limited assurance in respect of selected environmental performance information contained in the Deloitte LLP Annual Report. BDO’s Independent Assurance Statement is available here together with Deloitte’s Basis for Reporting for the reporting period 1 June 2020 to 31 May 2021.
- The financial performance information contained within this report is based on the financial statement audited by BDO LLP.
All community contribution data is reviewed at source by the Deloitte Responsible Business team. Our external evaluation partners, Social Enterprise UK and Renaisi, challenge and verify the reported information and the underlying processes.
The Deloitte Pay Report 2021 covers progress against the Deloitte UK inclusion agenda and actions taken to reward and recognise our people during the period 1 June 2020 to 31 May 2021. The gender and ethnicity pay and bonus gap data is taken from the snapshot date of 5 April 2021. All pay gap disclosures are reviewed by the Deloitte Climate Change & Sustainability Services Team. This includes mandatory GPG, voluntary EPG, voluntary equity partner pay gap and the CEO pay ratio.
The Deloitte Climate Change & Sustainability Services Team has also performed a limited review of the non-financial metrics, infographics and stories published in the Annual Report, tracing a sample of statements and figures back to the firm’s source data.