EXPERIENCE THE CATALYST FOR A
BRIGHTER
FUTURE
2024 ESG REPORT
United Nations Global Compact (UNGC) Sustainable Development Goals (SGDs)
Environmental Greenhouse Gas Emissions
Sustainability Programs
Supplier Report Card
Emissions Reduction Plan
KPIs
Social Inclusion & Diversity
Benefits & Value
Team Member Resource Groups
KPIs
ESG
KPIs
ABOUT ALTAIR GLOBAL
Altair Global is the world’s largest independent relocation management company, delivering exceptional mobility experiences to customers and clients worldwide since 1989. Supported by sophisticated, dynamic technology, our dedication to experience management drives continuous improvement and innovation in our full-service global assignment and relocation services.
Altair is headquartered in the United States with 11 offices globally and is represented by a valued supplier partner network in 186 countries and more than 4,000 cities.
OUR LOCATIONS
OUR FOUNDATION
To be the preeminent provider of talent mobility experiences for the most successful companies in the world.
To deliver unparalleled mobility experiences to our customers and clients with an unwavering commitment to always doing the right thing . Our authentic culture allows us to attract and retain diverse, talented, and innovative team members and supplier partners.
OUR TEAM MEMBERS LANGUAGES SPOKEN
AFRIKAANS, ARABIC, ARMENIAN , BAHASA MALAYSIA, BENGALI, BULGARIAN, CANTONESE, DUTCH, ENGLISH, FINNISH, FRENCH, GERMAN, GREEK, GUJARATI, HINDI, HUNGARIAN, ITALIAN, JAPANESE, KANNADA, KAZAKH, KOREAN, LATVIAN, MANDARIN, PORTUGUESE, PUNJABI, ROMANIAN, RUSSIAN, SERBO-CROATIAN, BOSNIAN, SPANISH, SURINAMESE, SWEDISH, TAMIL, TELUGU, THAI, UKRAINIAN, URDU, VIETNAMESE
INTRODUCTION TO THIS REPORT
Altair is committed to creating a legacy of sustainable culture. What started as a journey of awareness about our impact became a mission. The more we learned about how we were accountable for what we do in the world, the more engaged we became in how we influenced it. We have transformed the way we work to integrate Environmental, Social, and Governance (ESG) impacts into all strategic initiatives throughout our organization under the umbrella of our CATALYST program.
The goals of our CATALYST program are to:
Educate, bring awareness, and inspire action
Reduce or eliminate environmental impacts
Safeguard the information we’re entrusted to protect Engage in and give back to our local communities
Follow the rules and regulations as we go
Reflecting our commitment to transparency, this report details our progress toward Altair's ESG goals. We highlight results specifically from January 1 to December 31 , 2023 , unless otherwise stated. We also share our forward-looking goals.
The need for action from all organizations has increased. We want to do our part and inspire our team members, supplier partners, and clients to be aware of what we can do together to make the world a better place in the global mobility industry and beyond.
CHAD STERLING CEO KATHRYN CASSIDY PRESIDENT & COO
LETTER FROM LEADERSHIP
We are delighted to share our Environmental, Social, and Governance (ESG) report highlighting our commitment to sustainability in each of these segments. At Altair Global, we are dedicated to caring about our impact on the environment, cultivating inclusive communities, and protecting our data and the data entrusted to us by our clients. We chose the word “Catalyst” for the name of our ESG initiatives because we are, and will be, a change agent in this area. As we know, change can be very challenging, yet it is critical in this space.
Altair has long been an ESG supporter from the time when it was first called Corporate Social Responsibility (CSR). Over the years, our office space requirements have evolved to include renewable energy options, green building ratings (e.g., LEED), and other energy efficiencies.
Our team members are encouraged to influence and help decide what organizations and initiatives we support in our local communities through our Altair Cares and Team Member Resource Groups (TMRGs). We’ve won awards for business ethics (Greater Dallas Business Ethics Award) and for being an employee-preferred workplace (Frisco Chamber of Commerce Employer of the Year).
As we look forward to 2025 , we have plans to include additional key performance indicators (KPIs) as we continue to advance in each channel of our ESG mission. Increased metrics will require more reporting and dashboards to measure our progress, and collecting more data will allow for greater insights to be shared at various levels, including individual, local, regional, and organizational.
We will continue to drive change by collaborating with our corporate client partners on evolving legislation and compliance, educating our customers (our clients’ relocating employees) with up-to-date sustainability information, and supporting our supplier partners with new and alternative service offerings. Bringing increased awareness to what we’re doing and what we can achieve together is paramount.
We want to thank our team members, client partners, and supplier partners for their acceptance, commitment, and efforts. Their continued dedication has been instrumental in our successes thus far, and together we know we can make a difference toward a more inclusive and sustainable future for everyone.
22,135 TREES PLANTED WITH ONE TREE PLANTED AND ECOLOGI
2,101 TEAM MEMBER VOLUNTEER HOURS
$21,178 DONATED TO GREELEY-WELD HABITAT FOR HUMANITY
HYPE & VALOR
TMRG s LAUNCHED
10 YEARS IN A ROW ACHIEVING ECOVADIS SILVER
8 HOURS PAID VOLUNTEER TIME PER QUARTER
TOP 5
LAUNCHED FOR APAC AND U.S. CUSTOMER EXPERIENCE TEAMS
1ST SUSTAINABILITY REPORT SUBMITTED TO WATERSHED
MEET ALTAIR’S ESG COMMITTEE
KATHRYN
EXECUTIVE SPONSOR
“As a global company we are very focused on ESG because it’s the right thing to do for the planet, our client partners, customers, and team members. I am very proud of how our team have risen to the challenge and are making a difference every day.”
MATTHEW ESCHRICH AMERICAS
“Supporting the environmental prioritization of ESG at Altair is something that I find tremendously rewarding –we are creating value in our space while simultaneously protecting our planet.”
“Involvement in our ESG mission at Altair provides an opportunity to work on projects and procedures that not only improve Altair as an organization, but connect us to the larger picture of 'place' and the people that occupy that space.”
“ESG for me represents a commitment to sustainable and ethical practices that ensure long-term positive impacts on the planet and society. I am proud that Altair is making significant strides in this area, reflecting our dedication to responsible innovation and corporate integrity. Our progress showcases a genuine commitment to creating a better future for all.”
“The work I do in all areas of ESG makes me feel that my small contribution is helping make the world a better place. It’s the right thing to do.”
“I’ve always been deeply moved by team members who quietly and selflessly contribute to preserving our environment. Their dedication deserves recognition, and I believe their impactful work should be shared to inspire others. Being part of the ESG team gives me an opportunity to spread their stories and inspire others to join us in making a positive difference.”
CASSIDY
BRIAN POTTS CHAIRPERSON
TAMMY CLOWER OVERALL ESG
CHRIS JACKSON EMEA
SELENA SHEN APAC
MEET ALTAIR’S ESG COMMITTEE
“ESG policies in the workplace represent a commitment to ethical practices that drive meaningful change. By embedding these principles into the Supplier Partner Experience, we promote positive environmental impact and foster sustainable growth, creating a better future for our organization and client partners.”
DEI, TMXR, ENGAGEMENT
“The social component of ESG integrates our team members’ lived experiences, valuing their authenticity and intersectionality. This approach fosters a workplace culture where everyone feels respected and included, acknowledging surface-level diversity and appreciating deep-level diversity, allowing each team member to thrive.”
“Approachable. Accountable. Authentic. These are the words we live by at Altair. I’m proud to work for a company that fosters a culture of responsibility and sustainability and empowers each of us to contribute in our own unique way. Together, we are making the world a better place.”
JEFF LOVELACE REPORTING & COMPLIANCE
“My environmental worldview was shaped by my grandmother who had a deep reverence for native beliefs that the actions we take in the present will resonate for seven generations forward. She instilled in me a profound respect for nature and a responsibility to live sustainably. I will always be grateful for her wisdom and devotion to living by example for the sake of our mother earth who sustains us.”
AMY FEDELE ALTAIR CARES
NIAMH COLUMB SUPPLIER PARTNER EXPERIENCE
TRAPPER PACE
MEET ALTAIR’S ESG COMMITTEE
Altair’s dedicated ESG Committee is headed by our President and Chief Operating Officer, Kathryn Cassidy. This committee consists of senior leaders from human resources, reporting, compliance, operations, and supply chain. We have also formed individual sub-committees focused on environmental, social, and governance initiatives.
KATHRYN CASSIDY
EXECUTIVE SPONSOR
BRIAN POTTS
CHAIRPERSON
JEFF LOVELACE
TAMMY CLOWER
ALTAIR’S ESG TIMELINE
SUPPORTING THE UNITED NATIONS
GLOBAL COMPACT SUSTAINABLE DEVELOPMENT GOALS
The 17 Sustainable Development Goals (SDGs) of the United Nations Global Compact (UNGC) are an urgent call for action by all countries in a global partnership.
The UNGC recognizes that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. Altair has chosen the following 9 of the 17 goals as our focus.
Since 2016, we have partnered with Move For Hunger, a national nonprofit organization, to dedicate our efforts toward reducing food waste and fighting hunger.
We support team members through various events to further develop positive health and wellbeing that impacts all facets of our lives.
Through the development of our ethics, labor, and human rights policies and processes, we show our commitment to the fair treatment of our team members worldwide.
Altair has reported on ESG activities since 2013.
We support inclusion and diversity through ongoing training, creating a respectful workplace using the Platinum Rule, and through the work of our Team Member Resource Groups (TMRGs).
We act ethically and with integrity in all our business dealings, and will swiftly, decisively, and resolutely enforce guidelines to ensure no illegal or immoral acts occur anywhere in our own business or supply chain at any tier.
We are committed to fostering an environment that brings out the full potential in each of us, through our TMRG, POWER (Promoting Opportunities for Women to Excel and Rise).
Volunteerism plays a significant role in our culture, embodying our commitment to making a positive impact beyond the workplace.
We want to do our part and inspire our team members, client partners, and supplier partners to be aware of what we can do together to make the world a better place by supporting the UNGC SDGs.
ENVIRONMENTAL
GREENHOUSE GAS EMISSIONS
Loss of natural resources due to climate change demands decisive action from everyone. Altair will continue to develop more environmentally sustainable programs with our supplier partners and invest in green technology.
2022 marked the first year Altair started collecting greenhouse gas emissions (GHG), using 2019 as our baseline. Scope 2 (owned indirect emissions; e.g., purchased electricity) information was gathered from 2019 to 2021 . The data collection was a collaborative effort covering Altair’s three global regions where we have offices: the Americas, EMEA, and APAC.
In 2023 , we conducted a comprehensive project to add data for Scope 3 (not-owned indirect emissions; e.g., from our value chain). We determined the categories in Scope 3 relevant to our emissions are Category 1 : Purchased Goods and Services, Category 6 : Business Travel, Category 7: Team Member Commuting, and Category 9 : Downstream Transportation and Distribution. We also identified how we would track emissions within each category, as outlined to the right.
CATEGORY 1: PURCHASED GOODS AND SERVICES
• Equipment purchased and used in all offices
• Services purchased to help provide global mobility services
• Relocation travel
CATEGORY 6: BUSINESS TRAVEL
CATEGORY 7: TEAM MEMBER COMMUTING
• Transportation and lodging purchased for Altair team member business trips
CATEGORY 9: DOWNSTREAM TRANSPORTATION AND DISTRIBUTION
• Transportation taken by team members to and from their local offices
• Household goods shipments and transportation
GREENHOUSE GAS EMISSIONS
OUR GREENHOUSE GAS EMISSIONS* YEAR OVER YEAR
112,905.39
TOTAL GREENHOUSE GAS EMISSIONS IN 2023
SCOPE 2 SCOPE 3
SUSTAINABILITY INITIATIVES WITH SUPPLIER PARTNERS
Altair applies the 80/20 rule when reviewing supplier partner impacts. This rule assumes Altair’s top 20% of supplier partners account for 80% of our spend, and therefore will be the biggest sources of emissions. In 2023 , this accounted for more than 100 supplier partners.
Partnering with our suppliers to reduce emissions will greatly impact our Scope 3 GHG goals. The majority of this data is collected from our annual Supplier Risk Assessment, which includes a specific ESG section.
Continued work will go into improving the questions in our assessment with suitable guides to help aid the response rate from suppliers. Additional support will be offered from Altair
to our strategic supplier partners in the form of training and education to further aid response rates from those suppliers who account for potentially the largest sources of emissions. With the implementation of Altair’s GHG education program, we anticipate increased levels of supplier engagement year over year.
In 2022 , Altair implemented two sustainability programs with members of our supplier partner network. These programs are designed to reduce carbon emissions while positively impacting community ESG initiatives.
With Altair’s Climate Impact and Climate Positive programs, our supplier partners are incorporating ESG initiatives during each step of our customer's relocation journey.
SUSTAINABILITY INITIATIVES
WITH SUPPLIER PARTNERS
CLIMATE IMPACT PROGRAM
For this initiative, a number of Altair network partners are making donations to global forestries such as One Tree Planted and Ecologi for every service order they receive from Altair. Since launching this program we’ve planted 25,201 trees –22,135 in 2023 alone – with more going into the ground every day.
CLIMATE POSITIVE PROGRAM
Altair has also created a unique Climate Positive Program with Greeley-Weld Habitat for Humanity and their Zero Net Energy Ready initiative. This program supports the building of ecoefficient homes and helps individuals and families achieve strength, stability, and self-reliance through affordable homeownership.
Select supplier partners are making additional donations to Greeley-Weld Habitat for Humanity if certain climate positive decisions have been made by the client or customer. For example, if a customer opts for a virtual household goods survey, thereby saving fuel costs and reducing carbon output, the participating mover makes an additional donation to Greeley-Weld Habitat for Humanity. Another example of our Climate Positive Program includes auto carriers making donations to Greeley-Weld Habitat for Humanity when they ship electric or hybrid vehicles.
Altair mirrors this donation program with select corporate housing partners when a customer opts for a LEED or an Energy Star certified property.
In these programs, the supplier partner is recognizing the customer or client for making an environmentally conscious decision and “paying it forward” by making an additional contribution. In 2023, $21,178 donations were contributed.
ADDITIONAL PARTNERSHIPS
Move For Hunger pioneered a sustainable way for the relocation industry to reduce food waste and fight hunger. In 2023, suppliers in the Altair network collected 1,215,788 pounds of food donations from relocating employees, which is the equivalent of 1,013,157 meals. By saving the food and not having it end up in landfills, this equates to 85.48 tons of CO 2e saved.
Altair has also partnered with Home Sweet Home and their Discard and Donate program, which benefits the environment and local communities by reducing shipment sizes at origin in a responsible and sustainable manner.
In 2023 , Altair clients have reduced shipment weights by 1,831,718 pounds across 1,427 relocations, through this partnership. This translates to:
73,269 lbs.
CARDBOARD AND PAPER SAVED
2,440 YTD TREES PLANTED AND SAVED
289.95 metric tons CO 2e IMPACTS 1,215,788 lbs. OF FOOD DONATIONS 1,013,157 MEALS
85.48 tons
1,831,718 lbs. OF
In October 2021, Altair became the first full-service relocation management company (RMC) member of the Environmental Protection Agency’s Smartway program. This program drives supply chain sustainability by measuring, benchmarking, and improving freight transportation efficiency.
In June 2022 , members of Altair’s Supplier Partner
Experience team joined the U.S. Department of Energy’s National Community Solar Partnership (NCSP). This coalition of community solar stakeholders works to expand access to affordable community solar technology.
Altair has created a comprehensive scoring methodology with KPIs that includes the supplier partner’s overall performance in four areas: Compliance, Customer Experience, Client Experience, and Community (representing ESG performance).
As part of the Community (ESG) section, we are reporting and scoring each supplier partner’s performance in three ways:
First, we conduct an annual assessment on each partner’s ESG program. This includes their environmental, social, diversity, and other community programs and performance.
SUPPLIER PARTNER REPORT CARD KPI ROLL-UP
Second, we document the partner’s participation with organizations such as Move For Hunger, their diversity initiatives, and their training and designations with environmental programs such as EcoVadis, EPA Smartway, and the UN Decades (Environmental) charter.
And finally, we are reporting on each partner’s year-over-year carbon reduction efforts.
We incorporate these scores into the supplier partner’s overall report card and KPI score. By incorporating ESG strategies into day-to-day activities, our supplier partners are not only making an impact on their communities but also being recognized for their efforts by Altair and our clients with the potential to be awarded additional booking volume.
Altair’s KPI methodology provides a framework for continuous improvement for our supplier partners while providing tangible incentives.
EMISSIONS REDUCTION PLAN
ALTAIR’S COMMITMENTS
SCOPE 1
FOR SCOPE 2 BY 2025
FOR SCOPE 3 BY 2030
TARGET: NOT APPLICABLE
No action is required to reduce emissions in Scope 1. Due to the nature of Altair’s day-to-day work and business model there are no direct fuel consumption emissions to report.
EMISSIONS REDUCTION PLAN
SCOPE 2 TARGET: TO ACHIEVE NET ZERO OF SCOPE 2 BY 2025
All of Altair’s 11 global offices are leased, and energy is purchased to fuel and heat/cool each office. Energy is either purchased directly from the provider or through the building’s management company. In 2022, Altair did a full review of the energy consumption for each office, using 2019 as the baseline for Scope 2 emissions (see results on page 13).
In order to reduce the Scope 2 data and achieve our net zero target, the two following areas have been highlighted as part of Altair’s emissions reduction plan:
Renewable Energy: Using 2022 as our baseline, less than 0.5% of our energy is supplied by renewable energy. There is plenty of room for improvement, therefore we plan to transfer to renewable energy for all offices globally. Switching our headquarters office in Frisco, Texas to fully renewable energy can reduce Scope 2 emissions by more than 85% alone.
Altair’s offices in London, The Hague, and Dublin are already fully supplied by renewable energy.
Energy Efficiency: In conjunction with switching to renewable energy, Altair will also conduct energy audits to review the efficiency of the buildings and equipment in the office. This will start through the creation of an action plan to complete an energy audit for each office globally. This audit will review the processes and equipment in place to help improve energy efficiency in each office and will explore areas such as:
and air conditioning use
and ventilation
utilization
Based on the results of each individual audit, a local Altair representative will reach out to the office or property manager to determine if the recommended implementations can be made. The audit may also require specific team member training regarding equipment use to maximize efficiency of office equipment. If necessary, Altair’s dedicated Learning & Development team will make suitable training available.
EMISSIONS REDUCTION PLAN
SCOPE 3 TARGET: TO ACHIEVE NET ZERO OF SCOPE 3 BY 2030
CATEGORY 1: PURCHASED GOODS AND SERVICES
Develop targets and stricter policies to reduce spend
We began our review of Scope 3 categories in 2023. The categories below were initially identified as areas of impact for our organization. We may include more categories in the future as we continue to collect and analyze additional data.
CATEGORY 6: BUSINESS TRAVEL
Revise current policies with more rigor around approval process for business travel
CATEGORY 7: TEAM MEMBER COMMUTING
Analyze commuter routes and determine alternative options for carpooling and public transportation
CATEGORY 9: DOWNSTREAM TRANSPORTATION AND DISTRIBUTION
Collaborate with current supplier partners for new Climate Positive programs; partner with more sustainable supplier partners
ENVIRONMENTAL KPIs
KPI 2 KPI 1
REDUCE GHG EMISSIONS FROM SCOPE 2 2025 TARGET 2030 TARGET
REDUCE GHG EMISSIONS FROM SCOPE 3
SOCIAL
INCLUSION & DIVERSITY AT ALTAIR
Our social focus is on inclusion and diversity, work/ life balance, fair and just labor practices, team member development and engagement, and support of our local communities. Altair believes that when team members feel they are valued by their organization, they are more engaged and continue to contribute to its successes.
Altair is proud to create a culture of inclusion and values diversity in our relationships with team members, customers, clients, supplier partners, and communities. We strive to create a culture where all belong. We work jointly to cultivate inclusive partnerships and engaging experiences because we are better together.
Each year, we use team member feedback from Gallup Inc.’s Culture of Inclusion Index to create strategy and guide us through the following year. Understanding our team members and hearing their voices and opinions is key to navigating our inclusion and diversity (I&D) journey. Our team members also benefit from access to leading diversity and culture platforms for training and education, thereby increasing their visibility and awareness as global citizens. As an organization, we support the principles established under the United Nations Universal Declaration of Human Rights and guide our social initiatives based on ISO 26000 principles to ensure that what we do as an organization contributes to our Sustainable Development Goals (SDGs).
ENHANCING WORK LIFE THROUGH VALUES AND BENEFITS
At Altair our core values of Approachable. Accountable. Authentic. are the foundation of our thriving and inclusive work environment. We believe that fostering these values not only strengthens our organization but also enhances the daily experiences of our team members. Our commitment to these principles is reflected in every aspect of our company culture and the comprehensive benefits we offer across all our offices. We want our team members to enjoy their work life at Altair.
We understand that for our team members to truly enjoy their work life, they need to feel valued, supported, empowered, and that they belong. To this end, we have crafted benefits designed to meet the diverse needs of our workforce, ensuring everyone can thrive both personally and professionally. Our benefits include:
Competitive Compensation: Regularly reviewed to ensure they remain competitive and fair, reflecting the hard work and dedication of our team members.
Generous Paid Time Off: Allows team members to take the time they need to recharge, spend quality time with their loved ones, and pursue personal interests, contributing to increased overall wellbeing.
Advancement Opportunities and Dedication to Promoting from Within: Committed to the growth and development of our team members, providing ample opportunities for career development.
Flexible Work Model: Supports a healthy work/life integration and fosters a culture of trust and accountability.
ACHIEVEMENTS AND NEW BENEFITS ADDED IN THE PAST YEAR
VOLUNTEERING
ACHIEVEMENTS AND NEW BENEFITS ADDED IN THE PAST YEAR
TRAINING
NEW TRAINING TRACKER
6,105 TRAINING HOURS TRACKED IN 2023
94 SKILL BUILDER COURSES FOR INDIVIDUAL CONTRIBUTORS AND PEOPLE LEADERS
TOP 5 LAUNCHED FOR APAC AND U.S. OPERATIONS TEAMS
82 COURSES ADDED FOR PEOPLE LEADER GROWTH AND DEVELOPMENT
12 HEALTHY WEALTHY WISE TEAM MEMBER COMMUNICATIONS
ACHIEVEMENTS AND NEW BENEFITS ADDED IN THE PAST YEAR
CONTINUE TO STRENGTHEN COMMUNITY PARTNERSHIPS
WHOVILLE HOLIDAY FOOD DRIVE
Collected 10,370 pounds of food and $11,000 which provided more than 37,000 meals; more than 100,000 meals have been provided since first event in 2020.
$11,000 RAISED 10,370 POUNDS OF FOOD
DRESS FOR SUCCESS
$350 raised from clothing resale and donations, 512 items of clothing donated.
37,000 MEALS PROVIDED
GOODWILL 602 items of clothing donated.
$350 RAISED 512 ITEMS DONATED 602 ITEMS DONATED
SPONSORSHIPS:
TRUCK PULL
TEAM MEMBER RESOURCE GROUPS
We recognize that a diverse and inclusive workplace is key to innovation and success. While our policies and practices are designed to ensure that all team members feel respected, valued, and included, our Team Member Resource Groups (TMRGs) provide the space for our team members to actively participate in diverse groups celebrating their authenticity and intersectionality.
In 2023 , Altair added two new TMRGs, HYPE and VALOR, into the TMRG family. The work of TMRGs includes arranging charitable initiatives to organizing social celebrations on significant days relating to the specific TMRG. Each quarter, all TMRGs report on their progress and future plans. In these quarterly meetings, the groups engage in open conversations and communicate directly with our C-suite executives.
ALTAIR FOR LATIN AMERICAN MEMORIES AND ANCESTRY
Promotes, celebrates, and advocates for team members of Hispanic and Latin American descent within our global community at Altair.
BLACK ORGANIZERS & LEADERS FOR DIVERSITY
Promotes, celebrates, and advocates for African American and Black team members within our global community at Altair.
HELPING OTHERS PEACEFULLY EXIST
Provides a community of support for spiritual culture, religious expression, and understanding across the world. All beliefs are welcome.
HELPING YOUNG PROFESSIONALS ENGAGE
To connect and empower young professionals within the Altair network to promote skills and opportunities for the development of compassionate and successful individuals while fostering a community of curiosity and workplace confidence.
TEAM MEMBER RESOURCE GROUPS
PEOPLE
OF
DIFFERENT
LANGUAGE AND ETHNICITY COMING TOGETHER WITH ACCEPTANCE
LEANING IN FOR THE ENVIRONMENT
Promotes cultural awareness by engaging multicultural team members to celebrate our unique heritages at Altair.
VETERANS & ALLIES LEADING ORGANIZATIONAL RESULTS
To raise awareness with team members and inspire action to make positive environmental decisions.
Promotes a safe and uplifting space for women to excel and grow in the workplace. PROMOTING OPPORTUNITIES FOR WOMEN TO EXCEL AND RISE
PRIDE, UNITY, LOVE, SOLIDARITY, AND EQUALITY
Promotes, celebrates, and advocates for LGBTQIA+ team members and allies within our global community at Altair.
To allow team member veterans globally to draw on their unique experiences to improve their communities and Altair while supporting each other. This group is open to all team members who have served their country and any team member that is a family member or an ally of veterans.
SOCIAL KPIs
KPI 2
INCREASE NUMBER OF VOLUNTEER HOURS PER TEAM MEMBER
INCREASE AVERAGE NUMBER OF TRAINING HOURS PER TEAM MEMBER
TARGET 2030 TARGET
GOVERNANCE
GLOBAL MOBILITY INDUSTRY COLLABORATION
Brian Potts, EVP of the Americas at Altair, is an inaugural member of the WERC Sustainability Advisory Council, serving since 2022 . This group seeks expertise and guidance from industry members to help shape a common approach on sustainability for the global mobility industry.
Brian and other Altair team members have contributed consultative advice and recommendations to WERC’s Sustainability Advisory Council on the following topics:
Reports: “Environmental Sustainability: A Guide for Global Mobility Professionals” and “The Road to Sustainability”
Sustainability: General Glossary and Legislative Glossary
GBTA Hotel Sustainability Matrix
Brian Potts and Tammy Clower interviewed for 2023 Issue 2 Mobility magazine cover story, “Making Mobility Greener”
Content recommendations on the new Coalition for Greener Mobility website
RFP questions for corporate organizations with the goal of consistency in requirements and reporting
Additionally, Susan Myers, SVP of Global Financial Services, has been a working member of the WERC Compliance Policy Forum since 2023.
This working group is focused on raising awareness and informing stakeholders of key legal and regulatory requirements under which WERC members operate or may be impacted as requirements evolve.
Areas of focus include:
• Monitoring SEC Climate Disclosure reporting requirements
• International Sustainability Standards Board (ISSB) accounting disclosure standards
• Country-specific pending legislation that impacts transportation and housing
ESG REPORTING
Governance is, and always has been, the foundation of our accountability. This framework allows us to be transparent, reduce risks, and make the right decisions with accurate information. Altair tracks and reports on ESG progress in the following ways.
• Reporting since 2019
• B rating (Management Level) in 2023
• Measures environment (climate, water, and forests)
ANNUAL SUPPLIER RISK ASSESSMENTS
• Added ESG section to questionnaire sent to all preferred network suppliers
• Client-specific ESG and sustainability questionnaires
• Completed several questionnaires specific to clients throughout the year
• Developed Diversity Management Policy
• Developed policies and handbooks for Singapore and Ireland team members
• Reporting since 2013
• Silver rating for 10 years in a row
• Measures environment, labor and human rights, ethics, and sustainable procurement
• Reporting since 2023
• Measures environment
• Implemented Ethics Violation Report in 2023
• Allows complete anonymity with online submission by customers, clients, suppliers, or team members
GOVERNANCE KPIs
NUMBER OF ETHICS / WHISTLEBLOWER REPORTS 2025 TARGET 2030 TARGET
KPI 1 0 0 0 0
KPI 2
NUMBER OF HUMAN RIGHTS VIOLATIONS
FUTURE GOALS
GLOBAL MOBILITY INDUSTRY COLLABORATION
ESG initiatives are a critical focus for Altair and organizations worldwide as we all seek to solve global challenges and continue to drive sustainable growth. Future initiatives are likely to emphasize more technological innovation and integration. The following is a list of future goals and targets Altair is interested in developing.
CONTINUED COMMITMENT TO WERC AND INDUSTRY
Brian Potts will continue to stay involved as a member of WERC’s Sustainability Council to drive change and provide counsel on the trends and needs we see developing within our organization and from our clients and supplier partners. Our team members will participate as speakers and presenters on ESG topics whenever the opportunity arises.
Benny Tan, SVP of APAC, is currently serving his final year on the WERC board of directors as Vice Chair – Service Provider, and has been appointed as co-chair to lead the newly established WERC APAC (Asia-Pacific) Regional Affiliate.
Mickey Calantropio, VP of Client Partner Experience, will continue to volunteer on the WERC Compliance Policy Forum and the WERC GWS Planning Committee.
EVP, THE AMERICAS
BENNY TAN SVP, APAC
CALANTROPIO VP, CLIENT PARTNER EXPERIENCE
MICKEY
BRIAN POTTS
GREENER MOVES FOR CUSTOMERS
Exploring the idea of what a greener relocation means is a challenge facing the mobility industry. One idea which Altair has worked on is improving the recommendations that can be made to customers with a relocation or on an assignment. Recommendations that help raise awareness of potential environmentally friendly and sustainable changes is achievable. Therefore, Altair has created a sustainability guidelines document and checklist. This information will soon be made available in our STAR Customer Portal where all customers can access it.
2024 ENVIRONMENTAL INITIATIVES
THIRD PARTY VERIFICATION OF GHG EMISSIONS DATA
Altair understands the importance of having our GHG emissions data verified by a third-party company. In order to progress further on our sustainability journey and to show our unwavering commitment to tackling the climate crisis, Altair plans to commit to Science Based Targets initiative (SBTi) in early 2025.
SCOPE 2 FOCUSRENEWABLE ENERGY
Replace electricity in all offices with renewable energy where available, and purchase carbon offsets if there are no renewable energy options.
SCOPE 3 FOCUSSUPPLIER PARTNERSHIPS
HOUSEHOLD GOODS TRANSPORTATION
• Add more suppliers to Climate Positive and Climate Impact Programs
• Develop and launch third module of supplier certification with focus on ESG
• Update supplier partnership contracts with ESG language
Household goods transportation contributes to a large proportion of Altair’s Scope 3 emissions. In total, 19.5% of our recorded Scope 3 emissions come from household goods transportation partners. This makes it imperative to review the work done with our partners to implement sustainable strategies throughout our network.
2024 ENVIRONMENTAL INITIATIVES
BUSINESS TRAVEL
EMPLOYEE COMMUTING
Developing more rigorous requirements in our business travel process will help reduce our emissions from business travel sources. Requiring the business need to justify travel versus a virtual meeting is commonplace for a majority of companies these days. We intend to modify our current Business Travel Policy with updated requirements.
PROMOTING THE CIRCULAR ECONOMY
A small but important source of emissions is employee commuting. Altair will consider opportunities for possible alternative travel options to help reduce our emissions. A companywide questionnaire will be used to review team member travel into work and research alternatives.
As a source of Scope 3 emissions, waste generation also applies to Altair. As we improve on our sustainability journey, we aim to add data for Category 5, Waste Generated, into our Scope 3 total. One aspect will be to review the process in place for E-waste. Ensuring we’ve explored all options to recycle and reuse E-waste, we will implement a solution in each office. This will help with reducing waste in landfills and reducing cost on purchasing new equipment.
2024 SOCIAL INITIATIVES
CREATE YOUNG WORKERS POLICY AND OTHER POLICIES AS REQUIRED
DISTRIBUTE GLOBAL CENSUS TO ALL TEAM MEMBERS
ADD ESG TRAINING SESSIONS TO INTERNAL TRAINING TOOL FOR ALL TEAM MEMBERS
INCREASE GALLUP ENGAGEMENT SCORES OF TEAM MEMBERS
2024 GOVERNANCE INITIATIVES
Development of ESG metrics dashboard in Microsoft Power BI
Create reporting for compliance with U.S. SEC climate disclosure rules and EU Corporate Sustainability Reporting Directive (CSRD)
Determine additional metrics for new ESG data items
FOLLOW #ALTAIRCARES TO STAY UP TO DATE ON ALL OUR ESG INITIATIVES.
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