The PureGym Group Provides a Social Good
Our core purpose - to provide accessible, flexible and affordable fitness and activity to all - plays a vital role in not only improving people’s health and wellbeing, but also as a route to addressing obesity, helping to prevent illness through COVID-19, and improving mental health.
Sustainability – and more broadly environmental, social and governance related issues – are becoming an important area of focus for the Group as concerns about climate change increase and consumers and employees become increasingly engaged with this topic. The Group fully recognises its responsibility as a large and growing organisation to support the goals of society with respect to climate-related issues, societal progress and good corporate governance.
The Group is making progress on developing an overarching sustainability strategy and targets that will establish a clear programme of actions around a number of emerging themes including greenhouse gas emissions (GHG); energy efficiency; waste reduction and circularity; empowering people to be their best; diversity, inclusiveness and belonging (DIB); safe environments; and social impact.
Measures of performance, targets, and specific objectives for these areas are under development and the Group will provide regular updates to communicate its progress in this area.
Governance
The Group’s sustainability strategy will be overseen by the Risk & Sustainability Advisory Committee (RSAC), which is chaired by the CEO, Humphrey Cobbold. Its members include the Group’s Director of Sustainability and at least 5 other senior managers and executives. As a minimum this will include senior representative from the UK and Denmark, and representatives from Operations, Procurement and HR.
The RSAC will be closely overseen, challenged and supported by the Board of Directors (the “Board”) of the Group. The process of intervention and oversight by the Board will take the form of annual strategic review and reports supported by regular updates as a matter of course with further deeper consultations and interventions as required.
The RSAC will meet at least four times per annum from January 2022, and will report back to the Board overall, and to the Board’s Audit & Risk Committee (ARC) specifically with its progress, observations and recommendations on each of these occasions.