MA Financial Group Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Sustainability
- Governance
- Diversity
Environmental Achievements
- Reported baseline figure for carbon footprint and committed to Net Zero target by 2050 for direct operations.
- Aims to reduce Scope 1 and 2 emissions intensity per employee by 50 percent by 2030.
Social Achievements
- Appointed Nikki Warburton as an Independent Non-Executive Director to increase Board diversity.
- Outlined gender targets for broader workforce and senior executives in Sustainability Report.
Governance Achievements
- Increased Board independence and diversity.
- Refined remuneration structures to align with positive shareholder outcomes.
Climate Goals & Targets
Long-term Goals:
- Net Zero emissions by 2050 for direct operations.
Medium-term Goals:
- Reduce Scope 1 and 2 emissions intensity per employee by 50 percent by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Market volatility and consequences of rising interest rates impacting transactional components of the business (performance fees and corporate advisory revenue).
- Annualisation of 2022 operating expense growth impacting 2023.
- Potential regulatory action related to poker machines.
Mitigation Strategies
- Focus on increasing recurring revenues through positive flows into Asset Management funds and driving growth in fees and spread income from Lending & Technology platform.
- Strong focus on expense management.
- Trialing gaming minimisation measures (third-party or self-exclusion, facial recognition), and cooperating with the proposed trial of a cashless gaming card.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed