Company

Environmental, Social and Governance

13,530 MW

renewable energy operated or managed globally1

~100 million people

use Macquarie-managed essential services daily2

Carbon neutral

since 20103

60% of Macquarie staff

occupy a sustainability rated office4

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 investors and shareholders, clients, staff, governments and regulators, suppliers and the wider community.

Our focus

Macquarie structures its ESG approach around six 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 climate change approach statement.

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:

  1. As at 31 March 2019. 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. Macquarie offsets scope 2 and scope 3 emissions for corporate offices, data centres, base building and air travel.
  4. Minimum 5 Star Green Star, LEED GOLD or BREEAM GOOD rating.