Our purpose of helping households save money has never been more important and as a company committed to sustainability, we embrace the responsibility to lead by example in fostering a greener, more environmentally conscious future.

Investing in a sustainable future is not just a choice; it’s our commitment to building a legacy of resilience and responsibility.

Shazadi Stinton
Group General Counsel and Company Secretary
Shazadi Stinton

Sustainability graphic

As a business, we’re committed to limiting our impact upon the environment; treating everyone with respect; and meeting our purpose in an ethical, honest and sustainable manner.

This commitment is becoming part of our Company culture, as we recognise the pivotal role sustainable practices play in fostering a greener, more environmentally responsible future.

We adopted our new MSMG Sustainability Framework in 2022.

We have set ourselves ambitions across each area under our Sustainability Framework.

For example, under our Environmental pillar we have confirmed our commitment to becoming operational net zero by 2030; under our Social pillar to ensure we are benefiting our communities whilst also looking after our employees; and under our Governance pillar, living our purpose and values across the Group.

More information about each of the pillars can be found on our Environment, Social and Governance pages

Sustainability Governance Framework

Alongside our Sustainability Framework, in 2022 we have also introduced our new Sustainability Governance Framework, with the aim of providing our stakeholders greater clarity of how our sustainability strategy is governed.

Together with the Board, and the Risk and Sustainability Board Committee’s oversight, we also have an Executive-level Risk and Sustainability Committee to ensure the Group is on track to hit internal and external sustainability targets, and to further embed sustainability within the business we have introduced a new Sustainability Steering Committee with cross-functional representation.

United Nations Global Compact

In 2023, our organisation took a significant step towards global corporate responsibility and sustainable business practices by becoming a signatory of the United Nations Global Compact. Embracing the principles of the Compact, we committed to aligning our operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. This decision not only reflects our commitment to upholding fundamental values but also positions us as a responsible business actively contributing to the achievement of the Sustainable Development Goals. As a signatory, we look forward to collaborating with like-minded entities, sharing best practices and collectively working towards a sustainable future for all.

Science Based Targets initiative

Our Company has received commendation from the Science Based Targets initiative (‘SBTi’) for our ambitious environmental commitments. The SBTi’s Target Validation team has rigorously assessed and classified our Scope 1 and 2 target ambition, affirming its alignment with a 1.5°C trajectory. This recognition underscores our dedication to combating climate change and marks a significant milestone in our journey towards a sustainable future. We are proud to be at the forefront of climate action, driving positive change through our robust and impactful environmental targets.