Climate

We're committed to reach net zero by 2050, and are working to decarbonise the investments we manage on behalf of our clients as well as our business operations. We're beginning to broaden our approach to consider our impacts and the opportunities associated with natural capital and social equality.

Our pathway to Net Zero by 2050

(Change region)

Setting standards

We've pledged to achieve net zero carbon emissions on our investment portfolio and operations by 2050.

1 /

Aligning our influence

We're using our influence to support Paris-aligned change, to decarbonise the energy system and increase energy and resource efficiency.

2 /

Engaging with clients

We will work in partnership with our clients to achieve their investment objectives while transitioning their investments to net zero carbon emissions by 2050.

3 /

Net Zero Asset Managers Initiative Targets

M&G is a founding member of the Net Zero Asset Managers Initiative (NZAMI), an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner. In 2021, we set initial interim targets towards net zero, and report progress annually, in line with the requirements of NZAMI. Over time, these interim targets will be revised as we obtain external client consent and as standard measurement methodology for all asset classes develops.

2022 Net Zero Asset Managers Initiative disclosure

Net Zero Asset Owner Interim Targets

As an asset owner, M&G has joined the UN-convened Net Zero Asset Owner Alliance, a global group of institutional investors committed to transitioning their portfolios to net zero by 2050. In 2022, we set our first interim targets towards net zero as an asset owner.

2022 Asset Owner interim targets towards net zero

Thermal Coal

We’re members of the Powering Past Coal Alliance (PPCA) and committed to end thermal coal-related investments by 2030 across OECD and EU member states and by 2040 in developing countries, as outlined in our plc Position on Thermal Coal.

M&G plc's Position on Thermal Coal

In 2022, we published our Thermal Coal Investment Policy for M&G Investments.

M&G Investments Thermal Coal Investment Policy

Just Transition

We believe in a just transition to a lower carbon, more sustainable economy where the costs and benefits of the transition are shared fairly between generations, communities and regions.

Our position on a just transition to a sustainable world

Natural Capital

We are focusing on developing our knowledge on impacts, dependencies, risks and opportunities around natural capital in an investment context.

Our approach to natural capital

Our Climate Transition Plan

This Climate Transition Plan was published in 2022 and included in our Say on Climate resolution at M&G plc’s 2022 Annual General Meeting (AGM).

We have been strengthening our overall sustainability resource and governance, which is key to drive progress across the business.

Please refer to our latest Annual Report for up-to-date information on our approach to climate.

Achieving net zero for our own operations:

Places

looking at how we can reduce our emissions from our offices and travel.

Partnerships

focusing on our indirect emissions through our suppliers and service providers.

People

and how we can support sustainability among colleagues.

Slide 1 of

Our corporate carbon reduction commitments

Whilst emissions from our corporate operations, our offices, travel and supply chain are small compared to those of investment activities, our clients, customers and shareholders rightly expect us to lead by example and strive to decarbonise our own business operations.

Our ambition is that:

By 2025 have 100% renewable electricity across our corporate offices
By 2030 reduce our absolute scope 1 and 2 carbon emissions (tCO2e) from the offices we operate from by 46% and similarly reduce our scope 1,2 and 3 business travel carbon emissions (tCO2e) by 46%.
By 2030 at least 67% of our scope 3 supply chain emissions are covered by science-based climate target

Find out the latest information on sustainability at M&G in our Annual Report

M&G Securities Limited: Terms and Conditions for downloading Photographic material

1. Introduction

Welcome to the myM&G campaign landing page (the "Website"). The Website is operated by M&G Securities Limited (“M&G”, “we”, “us” or “our”). By accessing or using the Website and downloading any photographs, images, graphics, or any other visual content available for download or stored on the Website or M&G’s content management system (the “Photos”), you (“You”) represent to have read, understand and agree to comply with and be bound by these Terms and Conditions (the "Terms"), forming a binding agreement between You and us. If You do not agree to these Terms, please do not use the Website.

2. Intellectual Property Rights

All Photos available on the Website are the property of M&G or its licensors and are protected by copyright, trade mark, and other intellectual property laws. Unauthorised use of any Photos or content is strictly prohibited.

3. Permitted Use

Subject to your compliance with these Terms, M&G grants You a limited, non-exclusive, non-transferable, and revocable licence to download and use the Photos available on the Website for any purpose, except for purposes which are defamatory, derogatory, related to pornography, otherwise indecent, or involve the creation or dissemination of AI-generated “deep fake images”. Photos can only be downloaded from the hidden URL provided in the press release.

4. Additional prohibitions

You agree that You will not:

(a) modify, alter, or create derivative works from the Photos;

(b) use the Photos in any manner that infringes on the intellectual property rights of M&G or any third party;

(d) share the hidden URL with any unauthorised third party.

5. Attribution

When using the Photos, You must provide appropriate credit to M&G by including a link to our Website or mentioning the source in a manner that is reasonable and customary.

6. Disclaimer of Warranties

The Photos on the Website are provided “as is” without any warranties of any kind, either express or implied. M&G does not warrant that the Photos will be error-free or that your access to the Photos will be uninterrupted.

7. Limitation of Liability

In no event shall M&G be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with the use of the Photos, even if M&G has been advised of the possibility of such damages. As the Photos are provided free of charge, M&G's total liability to You for any damages, losses, and causes of action shall not exceed the amount paid by You for accessing the Photos, which is nil.

8. Indemnification

You agree to indemnify and hold harmless M&G, its affiliates, and their respective officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses arising out of or in any way connected with your use of the Photos.

9. Changes to these Terms

M&G reserves the right to modify these Terms at any time. Any changes will be effective immediately upon posting on the Website. If a "click to accept" mechanism is not implemented, You will be notified of changes to the terms via email or a prominent notice displayed on the Website. Your continued use of the Website after any changes constitutes your acceptance of the new Terms.

10. Governing Law

These Terms shall be governed by and construed in accordance with the laws of England and Wales, without regard to its conflict of law principles. Any disputes arising out of or in connection with these Terms, including any questions regarding their existence, validity, or termination, shall be subject to the exclusive jurisdiction of the courts of England and Wales.

11. Contact Information

If you have any questions or concerns about these Terms, please contact us at lucy.riazi@mandg.com.

Reframing retirement