ESG Report 202223 - Flipbook - Page 30
Monitoring and
controlling risk
Disclosure - the key to good governance
We have been working with a wide range of external reporting and auditing organisations to ensure
our Governance element of ESG is measured and meaningful. Voluntarily choosing to subject
ourselves to external auditing is a significant undertaking, and we feel it’s an important one.
Measuring ourselves against a wide range of other companies – both those in similar fields and
a range of other organisations – provides us with an excellent benchmark from which to monitor
our progress and set our new directions.
Our global ESG score
We are particularly proud of our impressive and improving results from our work with Sustainalytics,
which enables us to be measured against similar companies in our sector to determine what sort
of risk factors M Group Services’ faces from an ESG perspective. Their measurements examine
how exposed we are to certain risks and reviews what processes we have in place to control or
mitigate those risks. Last year, we reported that we’d obtained a market-leading outcome from this
assessment, with an overall low risk rating of 9.6, which put us in the “negligible risk” category and
enabled us to confirm that we had a sector leading benchmark. This year, thanks
to the hard work of our people, clients and suppliers, we have done even better.
Our audit score for Financial Year 2021-22 has awarded us with an overall risk
score of 8.3, which entitles us to proudly proclaim that we are an industry Top
Rated company. This places us in the top 2% percent of all companies globally.
FY21
9.6
‘Negligible
ESG Risk’
FY22
8.3
‘Negligible
ESG Risk’
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