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Environmental, Social and Governance

  • The Group has a strong ambition to be an exemplary ESG leader within the sub-sector in which we invest
  • In 2022, B.P. Marsh carried out a survey for our portfolio companies as well as our major suppliers to assess their impact on the greater environment and society in which they operate
  • The results revealed that many of our portfolio companies and major suppliers were already ahead of the curve in the implementation of ESG policies and shared our view of the importance of prioritising sustainability, socially responsible practices, and good governance
  • B.P. Marsh recognises that a focus on ESG is an ongoing commitment and, as such, the Group continues to assess its position and review best practice as it arises. Please see below some examples of the ongoing practices at B.P. Marsh towards this commitment

Environmental

  • Facilitation and active encouragement towards the recycling of appropriate materials and reduction of waste where possible to lower the environmental footprint of B.P. Marsh
  • Use of teleconferencing software to limit regional and international travel when possible
  • Development of a mandate for the responsible investment of funds held in Treasury towards a more ESG-focused portfolio

Social

  • Adoption of Diversity Policy in 2021 that respects the increasingly diverse society in which we operate
  • All staff offered private medical insurance, income protection and life cover following one year of service
  • Facilitation for all staff to continually develop their knowledge and skillset through attendance of industry events, formal qualifications, and electronic training sessions

Governance

  • Establishment of a dedicated ESG Committee in 2021 to advise on appropriate practices that further B.P. Marsh’s commitment to incorporating ESG tenets throughout our strategy
  • Incorporation of earlier assessment of ESG risks and opportunities in the investment process
  • Company workforce comprises a gender split of 53% female and 47% male, with the Board of B.P. Marsh & Company Limited comprising a gender split of 43% female and 57% male
  • B.P. Marsh strongly adheres to the Quoted Companies Alliance Corporate Governance Code and publishes a Compliance Statement annually
  • Facilitation and active encouragement towards the recycling of appropriate materials and reduction of waste where possible to lower the environmental footprint of B.P. Marsh
  • Use of teleconferencing software to limit regional and international travel when possible
  • Development of a mandate for the responsible investment of funds held in Treasury towards a more ESG-focused portfolio