Responsible Business Report 2023

Environmental Sustainability & Biodiversity

25

Governance and policy

Our Environmental Sustainability & Biodiversity policy outlines our global priorities and approach, including our year-on-year carbon reduction targets, key impacts, KPIs and reporting, and principal decarbonisation initiatives, alongside our expectations of the role of our clients, people, and suppliers. In the last year we have created a dedicated Environmental Sustainability & Biodiversity team through the appointment of our first Chief Sustainability Officer and the recruitment of a Sustainability Manager. We expect to announce the appointment of a Sustainability Reporting and Compliance Manager in October 2023.

The Management Board monitors and oversees the execution of our Net Zero strategy. The Management Board delegates day-to-day responsibility to our partner led Environmental Sustainability & Biodiversity Steering Committee for: • embedding our Net Zero strategy throughout the firm, delivering on the strategy, and ensuring there is the investment required to do so • mitigating and managing climate-related risks and capturing climate-related opportunities, developing regional and global programmes • developing a rigorous engagement programme with suppliers and clients to address climate-related risks and opportunities in the value chain

• building the climate resilience of our Firm

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