Company
of green energy assets in development as at 31 March 2023 measured using 100% of generating capacity for assets managed/owned (including partially) by Macquarie1
reached by MAM-managed businesses through communications infrastructure in 2022
by 2050
contributed by Macquarie employees and the Foundation in FY2023 ($A570m since inception)2
Macquarie’s environmental, social and governance (ESG) commitment reflects our responsibility to clients, shareholders and the communities in which we operate.
Clear dialogue with our stakeholders is important to building strong relationships, maintaining trust and enhancing business performance. We regularly engage with a broad range of stakeholders including clients, shareholders, investors, analysts, governments, regulators, staff, suppliers and the wider community.
Macquarie structures its ESG approach around eight focus areas considered to be material to our business and stakeholders.
Underpinned by What We Stand For and our Code of Conduct, these focus areas reflect the risks and opportunities identified by the business and the issues of interest to our stakeholders.
Driven by strong risk management, we work to continually improve performance across our focus areas to create sustainable value over the long-term. More information is available in the documents below.
Macquarie uses a well-established framework of ESG-related policies and practices covering:
| Environment and Social | Governance |
|---|---|
Macquarie Group CEO Shemara Wikramanayake was appointed a founding member of the Climate Finance Leadership Initiative on 17 January 2019 and was appointed co‑chair of the Climate Finance Leadership Initiative (CFLI) country pilot in India in 2021. In September 2022, Macquarie joined the CFLI country pilot in Colombia.
Macquarie is a founding Principal member of GFANZ and Shemara Wikramanayake is co‑leading GFANZ’s workstream on climate finance mobilisation for emerging markets and developing economies. We are also a member of the workstream on financial institution net zero planning.
In April 2022, Macquarie announced a new partnership with the UN’s Green Climate Fund (GCF) on a blended finance platform that seeks to accelerate the uptake of e‑mobility in India. We have also worked with the UK Government as the manager of the UK Climate Investments fund.
Shemara Wikramanayake was appointed a founding Commissioner of the Global Commission on Adaptation in October 2018. When the Commission’s mandate ended in 2021, Ms Wikramanayake became a member of the supervisory board of the successor organisation, the Global Center on Adaptation.
Macquarie became a member of the Sustainable Markets Initiative in 2021, and we are an active member of the Financial Services, Hydrogen and Sustainability 30 taskforces.
Macquarie Asset Management has been a signatory since 2015.
Macquarie issued a loan under the Green Loan Principles.
First drawdown date: 26 July 2018
Macquarie has been supporting the work of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) since 2018 and become a formal supporter in 2019.
In 2019, Macquarie joined RE100 with a commitment to source 100% electricity across our global offices and data centres by 2025.
Macquarie has been a signatory to the CDP (Carbon Disclosure Project) since 2008.
Macquarie Asset Management has been an active member of GRESB Infrastructure since it launched in 2016 and became a member of GRESB Real Estate in 2019.
Macquarie became a member of the UN-convened Net-Zero Banking Alliance in October 2021 while Macquarie Asset Management joined the Net Zero Asset Managers initiative in March 2021.
Macquarie has been aligning its ESG disclosures with the Global Reporting Initiative since 2011.
Macquarie is a member of the Taskforce on Scaling Voluntary Carbon Markets (TSVCM), a private sector-led initiative working to scale an effective and efficient voluntary carbon market to help meet the goals of the Paris Agreement.
