Scope of the UK Annual Review

In October 2012, we produced our first Deloitte UK Impact Report outlining performance against our targets during the year to 31 May 2012. Over the last four years we have consolidated our public reporting across our Impact, Financial Statements, Transparency Report, Pay and Tax Strategy Reports. This family of reports is now integrated with our UK Annual Review and outlines how we progress as a responsible business, provides detail of our business strategy and our financial performance for the year. We also cover a range of other issues of importance to our key stakeholders, including our impact on our clients, our people and society.

Details of our Financial Statements, Transparency Report, Tax Strategy Report, Pay Report and Leadership and Governance structures can be accessed via the relevant links.

Section 172 of the Companies Act 2006 sets out a general duty requiring directors to act in a way in which they consider, in good faith, will promote the success of the company for the benefit of shareholders as a whole. The statements for qualifying subsidiary companies of Deloitte UK are published as part of the Annual Review and can be accessed here: D&T Consulting Holdings Limited, Deloitte MCS Limited and Deloitte Management Services Limited.

Materiality and stakeholder engagement

Our impact is shaped by the relationships we have with our stakeholders, including our people, our clients, charities and NGOs, local communities, industry groups and trade bodies, as well as governments and regulatory bodies.  

We continue to engage closely with our key stakeholder groups in a variety of ways, some formal and some informal. We share our expertise on issues such as climate change and digital inclusion by contributing to government policy consultations and select committee inquiries.

These sit alongside our established stakeholder engagement channels such as client service assessments, CFO surveys and people surveys, hosting events and debates on topical issues, participating in advisory and advocacy groups and our annual Deloitte Stakeholder Forum. 

These interactions help us to maintain strong and open relationships with our key stakeholders and to ensure we retain a focus on issues that are material to those individuals and groups, achieving a greater impact in everything we do.  

Defining materiality   

Materiality in this report is defined as issues, concerns and impacts of importance to our key stakeholders. Disclosing material information ensures stakeholders can make informed judgements, decisions and actions based on our impact and our ability to create value for our people, our clients and society.

Topics of concern to our stakeholders have been collated and the key, common themes have been identified, providing a shortlist of material issues (for details see here). We have used these material issues to identify the focus areas that form the structure of the Annual Review. 

Assurance and data validation 2023

Across the Annual Review our environmental performance information and financial results are externally assured. Other measures go through an internal assertion testing process by our Climate Change & Sustainability Services Team. 

BDO LLP provides:

• Independent limited assurance in respect of selected environmental performance information contained in the Deloitte Annual Review. BDO’s independent assurance statements for the UK and NSE are available here together with Deloitte’s Basis for Reporting for the reporting period 1 June 2022 to 31 May 2023. 
• The financial performance information contained within this report is based on the financial statement audited by BDO LLP.

All community contribution data is reviewed at source by the Deloitte Responsible Business team and validated by the Deloitte global societal impact review team. Data is signed off by the UK Head of Responsible Business, Claire Burton and the UK People & Purpose Partner, Jackie Henry.  More information about methodology, verification and validation is outlined in the Basis for Reporting.

The Deloitte Pay Report 2023 covers progress against the Deloitte UK inclusion agenda and actions taken to reward and recognise our people during the period 1 June 2022 to 31 May 2023. The pay and bonus gap data is taken from the snapshot date of 5 April 2023.  All pay gap disclosures are reviewed by the Deloitte ESG Advisory Team. This includes mandatory GPG, voluntary EPG, voluntary equity partner pay gap, voluntary total earnings pay gaps for gender and ethnicity and information on the CEO pay ratio.    
  
The Deloitte ESG Advisory Team has also performed a limited review of the non-financial metrics, infographics and stories published in the Annual Review, tracing a sample of statements and figures back to the firm’s source data.