Sustainability

Partnering with Ripple Africa to offer our clients a brand new way to recruit whilst simultaneously contributing to global sustainability.

FINCO Search and its sister company Imperium Commodity Search hold environmental issues close to their heart and through its consultants wish to deliver a positive contribution to global sustainability.  

As a result we are especially proud to now bring a unique recruitment search structure to market that enables the planting of trees by local communities in Africa as a direct consequence of the hiring process.

Partnering with Ripple Africa, we work with our clients to offset carbon emissions and donate a significant proportion of the recruitment cost to a number of worthy causes in Malawi that benefit us all through carbon offsetting and the regeneration of forests. 

We know that sustainability is of increasing importance to the financial markets globally but this is generally supported by donated amounts as a contribution out of net profits to a charitable organisation.  We are able to offer a solution that has a quantifiable impact per recruitment search by committing to planting a defined number of trees straight from topline revenue.  

How and why does this benefit you, the hiring client?

All of our sustainable recruitment projects are classified as such and actively marketed to show an increasingly ESG concious talent pool that the vacancy and opportunity is being managed under our ESG structure.  This is something that we believe is unique within financial markets recruitment at present and shows potential employees and candidates for the position that your company cares about these causes too and is serious about sustainability across the entire business.

Under this search structure, we can work with Ripple Africa to ensure trees are planted with the donated amounts which will benefit the region and help with carbon offsetting for years to come. Alternatively we can purchase carbon credits with the raised amount which go towards your own carbon commitments.  Our clients have a choice as to which route they would like to follow here.

The costings for a search remain unaffected as the donations are made under this scheme from our retainer and completion fee.  The total cost to the business remains 35% of annual remuneration and all of our 12 month replacement guarantees, transparent shortlisting and research exercises remain in place; giving you the same peace of mind in the recruitment project as always.  Our default guarantees and search process is detailed on our Retained Search Page.

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Click here to Download our ESG and Sustainability Brochure

Our consultants are on hand to help with any queries you have about our sustainability recruitment platform.

You can reach our consultants by phone or email below:

By Phone:
+44 (0) 203 927 5080

By Email:
ESG@fincosearch.com
sustainability@fincosearch.com

About Ripple Africa

Learn more about Ripple Africa and the excellent work they do in Malawi and beyond

Click here to visit Ripple Africa’s website

How it Works?

When you retain us on a recruitment project, we commit to donating a percentage of the initial fee directly to Ripple Africa to use for tree planting and carbon neutrality.

Representative Example:

Recruiting for a 100,000GBP position on a 35% fee:

Retainer fee: 1 third of the total fee is paid

Donation made to plant 4,667 trees immediately upon retainment

Placement is completed: Final 2 thirds of the fee is paid

An additional commitment of 9,333 trees is made

At completion of the search, we will have planted enough trees to offset 1,400 Tonnes of CO2

This equates to a financial commitment of £3,500GBP to Ripple Africa in this example.

Carbon Credits

For clients with their own carbon neutrality targets who require carbon credits/certification, we can utilise the money raised through this fee structure to purchase carbon credits and obtain the relevant certifications through Ripple Africa and the UN

Carbon Credits cost £12 per Tonne and certificates can be made out directly to our clients.

About Ripple Africa

Why Ripple Africa?

We chose to partner with Ripple Africa as they are a small but growing charity, and one which simultaneously makes a difference in carbon emissions and helps local communities in Malawi.  Having this direct contact with those on the ground that plant, nuture and care for the trees they plant means that we get to see the difference our clients make to their projects. 

MEET ANDREA
“I want to have money saved to pay for my family to receive medical care when they are sick. I want to be able to buy livestock and set up a farm. I would like to build a house.”

These are three of the reasons Andrea started planting trees. Almost 50 and with six children, Andrea wants to plan for the future. He is keen to protect existing forests so wanted to plant trees which can be used for timber in the future. This avoids forests from being cut down.

Charcoal production is one of the main causes of deforestation in Malawi.  Four years ago, this land was bare.  Trees had been cut down and little vegetation remained. 

Simon and Malachalu are former charcoal producers and sellers who now work with Ripple Africa and are Chairman and Member (respectively) of the Kalani Choma Forest Conservation Committee.

MEET EZEKIEL

Father-of-four Ezekiel Nkunika is the Chibisa Forest Conservation Committee Chair. The committee are working together to make fire breaks and have already cleared 700 metres. Ezekiel is trying to encourage other ForestConservation Committees to do the same and said, “Wild fire is posing a very serious challenge for us to conserve the trees. It has concerned our committee so much that we are making fire breaks as a control and protecting measure.”

Key Facts & Figures

  • Helped plant over 17 million trees
  • Plant 2 million trees per annum
  • Work with 4,500 farmers and community groups on tree planting projects
  • On average, each farmer plants 3,000 trees per year
  • Establishment of 170 Forest Conservation Committees made up of 1,700 members
  • Manage specialist community fruit tree nursery, benefitting thousands of local households
  • Carbon Credits cost £12/tonne with Ripple Africa
  • 40,000 fuel efficient cookstoves built and in use which saves 80,000 bundles of firewood each week
  • Each cookstove saves 3 tonnes of CO2e (equivalent) per year

Click here to visit Ripple Africa’s website

Where your commitment goes?

Ripple Africa employ 150 staff and work with 8,000 volunteers on projects in Malawi.  For a small charity, their efforts are growing and the impact is significant, both locally in Malawi and in their efforts to reduce carbon footprints.

Despite the scale of their operations, their fundraising is substantially weighted towards charitable activities.  At present, 92% of money raised goes directly into charitable activities; just 8% pays for administration and fundraising costs.