Company

Environmental, Social and Governance

12,800 MW

renewable energy operated or managed globally1

~100 million people

use Macquarie-managed essential services daily2

100% renewable electricity

by 2025

65% of Macquarie staff

occupy a sustainability rated office3

Our approach

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.

Our focus

Macquarie structures its ESG approach around eight focus areas considered to be material to the business.

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.

Climate change

Climate change presents significant challenges for society and the global economy. As a global financial services provider, we are committed to using our expertise in infrastructure, renewable energy, clean technology and environmental markets to support the transition to a low-carbon and climate resilient economy.

Macquarie also recognises that urgent work is required to adapt to changes in climate conditions. This adaptation task must be carried out in parallel with, and complementing, global efforts to slow climate change and to reduce emissions and limit global temperature increases.

Macquarie supports the important work of the Task Force on Climate-related Financial Disclosures (TCFD) and is actively implementing the TCFD recommendations. More information is available in our FY20 ESG Report.

Our policies and reporting

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.

 

ESG governance structure

 

ESG reporting

 

Transparency statements

 

Policies

Macquarie uses a well-established framework of ESG-related policies and practices covering:

External ESG initiatives and standards

Macquarie Asset Management and Green Investment Group have been signatories to the UN Principles for Responsible Investment since 2015 and 2013 respectively.


Macquarie issued a loan under the Green Loan Principles.

Drawdown date: 26 July 2018


Shemara Wikramanayake was appointed a founding member of the new Climate Finance Leadership Initiative on 17 January 2019.


Shemara Wikramanayake was appointed a founding Commissioner of the Global Commission on Adaptation on 16 October 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 supported in 2019.


In 2019, Macquarie joined RE100 with a commitment to source 100% electricity across our global offices and data centres by 2025.


Macquarie’s Green Investment Group (GIG) adopted Equator Principles before its acquisition by Macquarie Group. Please refer to GIG's most recent Progress Report and Equator Principles Implementation Guide for more details.


Macquarie has been a signatory to the Carbon Disclosure Project since 2010.


Macquarie Infrastructure and Real Assets has been an active member of GRESB Infrastructure since it launched in 2016 and became a member of GRESB Real Estate in 2019.


Macquarie has been aligning its ESG disclosures with the Global Reporting Initiative since 2011.


  1. As at 31 March 2020 MW of renewable energy assets in operation reflects 100% generating capacity of each asset, not the proportion owned/managed by Macquarie.
  2. At 30 Sep 2015.
  3. Minimum 5 Star Green Star, LEED GOLD or BREEAM GOOD rating.