Task-force for Climate-related Financial Disclosures (TCFD) Report 2025

Spencer Ogden Publishes Voluntary Climate-Related Financial Disclosures for 2024 

At Spencer Ogden, we know that the future of the energy and infrastructure sectors depends on meaningful action on climate change. As a global recruitment specialist working at the heart of the energy transition, we understand our responsibility to lead by example. This year, we’ve released our voluntarily disclosed climate-related financial report, aligned with the Financial Conduct Authority (FCA) requirements and the Task Force on Climate-related Financial Disclosures (TCFD) framework.

Our Commitment to a Net-Zero Future

In 2024, we strengthened our sustainability journey by pledging to reach net-zero greenhouse gas (GHG) emissions by 2035. This target is supported by a clear, actionable roadmap that outlines the steps we will take to reduce our environmental impact across our global operations.

As a service-based organisation, most of our emissions come from Scope 3 sources — areas such as our supply chain and external services. This means collaboration is crucial. Achieving our goal will require working closely with suppliers, partners, and the wider industry to drive shared progress.

Understanding Climate Risks and Opportunities

Our latest report explores how climate change could impact our business and the clients we support. Using scenarios developed by the Network for Greening the Financial System (NGFS), we assess potential risks and opportunities across three possible pathways for global climate development up to 2035.

We examine both physical risks — such as extreme weather events — and transitional risks that arise as the world moves towards a low-carbon economy. To understand the full landscape, we look at four key areas that may influence our business:

• Policy: How regulations and climate policies may evolve.

• Market: Shifts in demand as industries decarbonise.

• Technology: Advancements that support sustainability.

• Reputation: The expectations of clients, candidates, and stakeholders.

Supporting a Greener Economy

This disclosure is more than a requirement — it’s part of our ongoing commitment to support the global energy transition. By understanding the challenges and opportunities ahead, we can ensure our services remain resilient, relevant, and aligned with a sustainable future.

As the industries we serve continue to evolve, Spencer Ogden will remain committed to helping businesses and professionals shape a greener, more sustainable world.