MML releases annual ESG Impact Report       

Following the release of our inaugural Report last year, we are delighted to share our second annual Impact Report. Having taken the opportunity to set out our ESG commitments last year, this Report focuses on how we have lived by those commitments. Across all our efforts is an approach centred on materiality, always looking to drive commercial value and ultimately deliver returns for our investors, whilst supporting ESG progression and building long-term sustainable businesses.

We are delighted to share the progress we have been making, with a particular focus on climate impact in this Report. We hope you enjoy reading about our key initiatives, including:

  • the rollout of a portfolio wide TCFD aligned physical and transition climate risk and opportunities analysis
  • completion of our first two EU Taxonomy eligibility and alignment assessments
  • supporting our portfolio to meet ESOS requirements, identifying energy savings opportunities

In addition, our SFDR Article 8 Funds have completed their first disclosures, and having joined the EDCI in 2023, we have submitted our first set of EDCI metrics in support of standardisation across the industry. We are also proud to have received our first UN PRI score in 2023 and have recently enjoyed an increased rating for our 2024 submission, above industry median.

Last, but not least, we remain a certified CarbonNeutral® business for the third year running, having offset our own operating emissions, whilst also calculating our financed emissions for the first time.

As we look to the future, we continue to horizon scan, looking for opportunities to improve and enhance our impact. Our approach through all of this is to create an angle of partnership to generate value for our investors and to help management along their journey of success.

We look forward to updating you again on our progress next year.

Ian and Bal

Read our Impact Report here: MML Impact Report

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