Our primary focus is driving value growth for the businesses we partner with and our investors. However, we also place significant value on supporting the long term sustainability of that growth.
We have a dedicated ESG Working Group who meet regularly to oversee our policies and approaches, as well as promoting new initiatives. The Group is led by Andrew Honan, Managing Partner (Infrastructure) and Chair of Sustainable Investing, and includes our ESG Manager as well as representatives from across our business and international offices, ensuring a “one MML approach”. The Working Group reports directly to our Management Board.
Our ESG Impact Report 2022
We are pleased to share our inaugural Impact Report, showcasing the increasingly prominent role of ESG across our investing activities, as well as within MML ourselves. We are excited to report back on the further progress we will make during 2023.
We have been a proud signatory of the UN Principles of Responsible Investment since 2019 and are committed to delivering attractive returns for our investors, in a responsible way.
We incorporate ESG analysis as part of our rigorous due diligence process, identifying UN Sustainable Development Goals for each company, which can be monitored throughout our investment period. We ask tailored questions about each business and their ESG credentials, understanding how they operate and the impact they have, which allows us to identify potential risks and plan a route to improve or mitigate those risks during our investment horizon.
We recognise that every investment will be at different stages in their ESG journey, and we work with them, encouraging a collegiate approach to sharing best practise and ideas across our portfolio teams.
The MML table – a place to share knowledge and build communities
“Allowing people to talk about best practices is essential to accomplishing what we need to as a society, as well as delivering growth for our investors.”
Andrew Honan, Managing Partner – Infrastructure, and Chair of Sustainable Investing
“All the MML companies having gone through this process will be in a phenomenal position, not only for serving their clients, but also for an eventual deal process, where around 60 different ESG areas have been reviewed.”
James Stander, Founder, Sustainable Advantage
Tonnes of carbon offset
With climate change becoming ever more urgent, we are proud to be taking responsibility for the impact our operations are having. We have partnered with climate and sustainable development experts, Sustainable Advantage, to offset our annual carbon emissions and are committed to working on an ongoing carbon reduction and offset strategy.
MML has been recognised as a CarbonNeutral® company since 2021.
We calculate our carbon emissions in line with the Greenhouse Gas (GHG) Protocol corporate accounting and reporting standard. Carbon conversion factors are sourced from DEFRA and the EPA. All emissions are calculated in tCO2e and cover all GHGs required by the UNFCCC / Kyoto Protocol. This includes the material GHG emissions of our direct operations in undertaking our business activities.
Tonnes of carbon offset
MML’s diversity & inclusion
At MML, we try to see every angle, and especially like to find angles that others might not see! Which is why we value our diversity so much.
We aim to attract, retain, and promote the best talent from a variety of backgrounds and experiences. We regularly review our recruitment processes to ensure we are meeting a diverse range of candidates, without unconscious-bias. We also place emphasis on knowing our employees on a personal level, learning and understanding their personal situations and supporting their balance between work and home life.
of MML’s employees are female
of MML’s employees are BAME
A charitable ethos is deep routed in our culture, with many of our team pursuing philanthropic activities outside of work. We also look to supplement these contributions with an annual MML Charity Day.
In 2021, our international teams came together for a charity bike build event, where we built and donated some brand new, quality bikes for Berkshire Youth and The Wayz Centre in Bracknell. The bikes have been given to young people in the community who were facing transport challenges to facilitate their charitable endeavours and local community support. It was a privilege to take part in such a purpose-driven activity, having an immediate impact and supporting a great cause.