Climate Change Data

Mace Finance Limited

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Renewable Energy Share:72%

ESG Focus Areas

  • Biodiversity
  • Climate Change
  • Pollution and air quality
  • Resource efficiency
  • Labour standards
  • Community investment
  • Health, safety and wellbeing
  • Responsible procurement
  • Anti-corruption
  • Corporate governance
  • Risk management
  • Tax transparency

Environmental Achievements

  • Created and improved 29.6 hectares of green infrastructure
  • 72% of power purchased was renewable
  • Undertook 17 trials of clean technologies and diesel alternatives
  • Achieved 80% reduction in single-use plastic waste in offices and 20% on sites
  • Awarded WWF’s maximum ‘3 trees rating’ for responsible sourcing of sustainable timber

Social Achievements

  • Provided 1,571 skills, development and training opportunities
  • Recorded 6,311 points of community engagement
  • Mace employees volunteered more than 26,000 hours
  • 89% of construction projects had no reportable injuries
  • Lost time frequency rate dropped to a record 0.24
  • Accident frequency rate reduced to 0.07
  • 95% of projects developed active wellbeing plans
  • Increased spend with social enterprises to £691k

Governance Achievements

  • Introduced Mace’s Code of Ethics
  • Applied the Wates Corporate Governance Principles
  • Undertook 131 internal audits
  • Independent Certification Body delivered 85 audit days across 7 ISO standards
  • Clean SAO certificate issued

Climate Goals & Targets

Short-term Goals:
  • Net Zero Carbon by the end of 2020

Environmental Challenges

  • Challenging economic environment
  • Market volatility and unpredictability
  • UK construction industry contracted due to market uncertainty (Brexit)
  • Growing global barriers to free trade
  • Pressure on fragile supply chains
  • Potential disruption to free movement of goods and labour (Brexit)
Mitigation Strategies
  • Strong focus on winning key projects and managing risk
  • Expanding global footprint and strengthening service offer
  • Spreading risk across diverse portfolio of sectors, geographies, and project life cycle
  • Working closely with strategic supply chain partners
  • Proactive steps to ensure appropriate arrangements in supply chain for Brexit
  • Focus on margin growth rather than turnover

Supply Chain Management

Responsible Procurement
  • Require supply chain members to be members of Sedex and welcome independent audit
  • Increased spend with social enterprises to £691k
  • Awarded WWF’s maximum ‘3 trees rating’

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Wates Corporate Governance Principles

Certifications: ISO 19650 BIM accreditation, 7 ISO standards

Sustainable Products & Innovation

  • Mace Tech (off-site construction solution)

Awards & Recognition

  • 10 awards at 2019 RoSPA awards ceremony
  • Two British Safety Council Swords of Honour
  • CLOC Outstanding Champions
  • Top 10 Most popular graduate recruiters
  • Best Advanced Apprenticeship at 2019 School Leaver Awards
  • 14th at 2019-20 National Undergraduate Employer Awards