Macquarie Group’s environmental, social and governance (ESG) commitment reflects our responsibility to clients, shareholders and the communities in which we operate.
Macquarie Group maintains a group-wide Environmental and Social Risk (ESR) policy, which governs the management of environmental and social issues including labour, employment practices, human rights, resource efficiency, climate risk, pollution prevention, biodiversity and cultural heritage. This ESR policy is based on international guidelines, including the International Finance Corporation Performance Standards.
The ESR policy is applicable to Macquarie Group. Macquarie Group businesses, including Macquarie Asset Management (MAM), are required to maintain business-specific due diligence and approval processes consistent with the group-wide ESR policy.
Some divisions of MAM also have their own policies which address ESG, supplementing the Macquarie Group ESR and other policies to reflect the ESG considerations associated with their particular businesses.