The Macquarie Group Board is responsible for approving Macquarie Group’s ESG framework, including major ESG policies. In accordance with its charter, the Board Governance and Compliance Committee assists the Board in adopting appropriate governance standards and reviewing the operations of the group-wide Environmental and Social Risk (ESR) management policies.
Aligned with Macquarie’s risk management approach, the Risk Management Group (RMG) provides oversight of ESR Policy operation and compliance. Within RMG, the Environmental and Social Risk Team, provides specialist advice and support on the ESR Policy application and is responsible for reporting to the Macquarie Group Board.
Within MAM, other roles with oversight or accountability for RI, and those responsible for its implementation, execute their responsibilities through their participation in the investment decision-making process.
Please refer to the URL below for Macquarie Group’s ESG governance organisation chart.
As stated in the Macquarie Group Code of Conduct, all staff share responsibility for identifying and managing environmental and social risks as part of normal business practice.
*CRSO reference in 7.1 above refers to MIRA Chief Risk and Sustainability Officer