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Clarivate Unveils 2024 Sustainability Report

Clarivate Plc, a renowned global leader in providing transformative intelligence, recently released its much-anticipated 2024 sustainability report. This comprehensive documentation outlines the company's significant progress in promoting sustainability and advancing Environmental, Social, and Governance (ESG) principles over the past year. As part of its dedication to aligning with the United Nations Sustainable Development Goals (UN SDGs), the report highlights how Clarivate continues to contribute positively to all 17 of these vital global objectives.

In 2024, Clarivate made notable strides by signing the UN SDGs Publishers Compact, reiterating its ongoing commitment to the United Nations Global Compact and the United Nations Women's Empowerment Principles. Furthermore, the company is also an advocate for the CEO Action for Inclusion and Diversity initiative, showcasing its commitment to fostering an inclusive work culture.

Key Highlights from the 2024 Report

According to Matti Shem Tov, the Chief Executive Officer of Clarivate, the firm believes that helping organizations and individuals think forward is crucial for achieving a sustainable future. He stated, "We are committed to driving sustainability by providing our solutions that assist our customers in advancing UN SDGs globally. Our aim is to implement sustainable business practices across our operations while encouraging our partners in the value chain to do the same."

Some of the key accomplishments from the report include:

• - 49% of Clarivate's Revenue Aligned with SDGs: A significant portion of the company's revenue is directly tied to initiatives that support the SDGs, reinforcing its dedication to sustainability.
• - Sustainability Ebook Subscription: The Academia and Government segment of Clarivate has launched a Sustainability Ebook Subscription service that maps to all 17 SDGs, providing valuable resources to its users.
• - Volunteerism: Clarivate employees utilized their volunteer time off, collectively contributing nearly 32,000 hours to community improvement projects, reflecting the company's commitment to social responsibility.
• - Mentorship Programs: The introduction of the Clarivate Mentoring Program aims to assist employees in their professional advancement, highlighting the company’s commitment to personal and career development. Notably, Clarivate was recognized as one of the top five corporate partners in the Global Mentorship Initiative.

Aligning with UN SDGs

The report illustrates how Clarivate has integrated its corporate sustainability goals with the UN SDGs, particularly focusing on:

• - SDG 4 (Quality Education): Clarivate's solutions have empowered over 130 million students, massively impacting education by enhancing learning and research experiences. They partner with more than 26,000 public and academic libraries, providing essential tools and resources.
• - SDG 9 (Industry, Innovation, and Infrastructure): The data and insights from Clarivate accelerate innovation, helping customers navigate the research and development landscape, and informing sustainability policies globally.

As emphasized by Liliana Hinderman, Senior Vice President and Chief Risk and Sustainability Officer, sustainability is not merely a responsibility for Clarivate, but a core element of its identity. Hinderman stated, "We are proud to present our steadfast commitment, progression, and future plans in this report. Integrating sustainability into our business objectives remains a priority, allowing us to help our clients foster a more sustainable world."

To explore the comprehensive 2024 sustainability report, visit Clarivate's official website. This release further solidifies Clarivate Plc's pivotal role in advancing sustainability across various sectors and its commitment to drive meaningful change in alignment with the UN SDGs.