Our policies

Environmental, Social and Governance (“ESG”) Policy Statement

ESG Policy Commitment

This ESG Policy Statement is produced by the ESG Committee and the directors of the London Wall Group (the Company) pursuant to its ESG Strategy paper dated 2 May 2024.

The ESG policy of the Company is to ensure so far as it is applicable and reasonably practicable that its operations will be carried out with a commitment to:

1. protecting and enhancing the environment by minimising negative impact and maximising positive impact on the environment;
2. ensuring appropriate conduct towards, positive impact on and good relationships with employees, customers/clients, suppliers and the community in which it operates; and
3. conduct its business with integrity and high standards of business ethics, through appropriate structures, systems, processes and procedures.

(the Company’s ESG Commitment).

The ESG Commitment is a fundamental principle of the Company’s business.

Fulfilling the ESG Commitment is the responsibility of the directors of the Company.

 

General ESG Principles

In fulfilling the ESG Commitment, the Company shall endeavour to comply with all applicable legislation, rules, regulations and other measures having the force of law that are relevant to any aspects of its ESG Commitment.

Where it is practicable and appropriate to do so, the Company shall establish and meet standards relevant to any aspects of its ESG Commitment which are higher than the standards imposed by law.

All Company employees must, in carrying out their duties, adhere to the principles and objectives of this ESG Policy Statement. Training will be given to employees to ensure that they are familiar with, and work in accordance with, this ESG Policy Statement.

 

Environmental

The Company has produced the following objectives as a framework for the introduction of practices to implement the environmental aspects of the ESG Commitment:

• Operating management procedures to include environmental factors during business planning and implementation;
• Carrying out of environmental audits when required;
• Promoting a culture of environmental awareness amongst all employees;
• Providing training for all employees as appropriate to enable them to carry out their job functions in a manner that shows care for the environment;
• Continuously improving environmental performance and integration of recognised environmental best practice into business operations;
• Measuring, and acting to reduce, the carbon footprint of business activities;
• Focusing on action to conserve resources and energy, to minimise emission to air, water and land and to increase recycling rates;
• Minimising of waste by evaluating operations and ensuring they are as efficient as possible;
• Managing waste generated from internal business operations according to the principles of reduction, re-use and recycling;
• Encouraging development of properties with concern for the future of the environment;
• Taking steps to improve environmental efficiency of transport and business travel, including considering whether, to avoid travelling, any meetings can be held remotely;
• Where possible, using recycled or ecologically friendly paper;
• Reducing consumption of resources and improving efficiency of those resources by printing double sided where practicable;
• Recycling of all paper products, ink or toner cartridges;
• Where possible, reducing consumption of resources by:
  • fitting LED lighting when replacing bulbs;
  • ensuring that lights are turned off in empty areas;
  • working to reduce heat loss through open doors or poorly sealed windows; and
  • Purchasing liquids in bulk and using recyclable containers.

 

Social

The Company has produced the following objectives as a framework for the introduction of practices to implement the social aspects of the ESG Commitment:

• Encouraging ethical behaviour and decision making within the Company;
• Ensuring compliance by the Company with workplace health and safety laws and standards, and mitigating risks to health and safety in the workplace;
• Maintaining suitable privacy and data security measures in respect of all stakeholders of the Company;
• Maintaining an inclusive and collaborative workplace where the wellbeing of employees is a high priority;
• Promoting diversity and inclusion amongst the Company’s workforce;
• Providing and maintaining a working environment free from all forms of discrimination, harassment and bullying under any circumstances, for example gender, gender identity or expression, race, colour, creed, religion, nationality or national origin, ethnicity or ethnic origin, ancestry, age, marital status or sexual preference;
• Ensuring that the Company does not select, engage, place, promote, transfer or compensate or otherwise treat or deal with any employees on the basis of gender, gender identity or expression, race, colour, creed, religion, nationality or national origin, ethnicity or ethnic origin, ancestry, age, marital status or sexual preference;
• Creating a positive and rewarding workplace for the Company’s employees;
• Providing team building activities for employees;
• Providing a fair and rewarding remuneration policy and practise linked to business and personal performance;
• Encouraging and assisting to provide a work/life balance with a flexible and considerate approach to employment and working practices, including working from home;
• Pursuing a fair and competitive approach to remuneration, working hours and attendance, leave, sick leave and other aspects of wellbeing;
• Providing subsidised employee benefits, including health club/gym membership and private medical and dental services;
• Making positive contributions to the local community and to local charities and to worthy causes;
• Aiming to hold wellbeing, charity events and social activities in each year;
• Encouraging employees to participate in and contribute to activities which benefit the welfare of members/sections of the local community, allowing paid time-off for the employees where circumstances permit;
• Encouraging employees to participate in appropriate further education and training which supports their professional development, allowing paid time-off where circumstances permit, including any education or training that the Company itself is able to provide in-house;
• Providing sponsorship for initiatives or events run by or benefiting local charities or other national worthy causes;
• Encouraging employees to nominate local charities and other local worthy causes for participation by the Company and its employees and/or for donation by the Company; and
• Endeavouring to pay the Company’s suppliers properly and on time.

 

Governance

The Company has produced the following objectives as a framework for the introduction of practices to implement the governance aspects of the ESG Commitment:

• Ensuring that the Company complies with, all applicable local and national laws and regulations, relevant standards and codes of practice relating both generally and in particular to transparency and corporate governance;
• Establishing clear and effective governance for ESG, promoting the use of best practice on corporate governance when relevant and possible, and setting goals and establishing accountability through the Company’s ESG committee and reports to its board;
• Ensuring that the Company promotes strong oversight and transparency at all levels of its organization;
• Adopting and maintaining suitable and clear governance structures, including terms of reference for the board that, amongst other matters, set out the required composition of the board, its powers and responsibilities;
• Ensuring that the Company adopts and implements adequate internal controls, processes, procedures and proactive risk management;
• The Company is committed to establishing and maintaining high standards of business ethics through a strong code of ethics and business conduct, ongoing ethics training and promotion of a culture of integrity, honesty, ethical and responsible conduct in its business activities and behaviours;
• Establishing and maintaining detailed policies covering anti-bribery and corruption, codes of conduct, conflicts of interest, privacy and human resources, as part of the governance structure of the Company;
• Engaging with stakeholders regularly about ESG issues;
• Ensuring that the Company cultivates strong stakeholder relationships through transparency, open communications and responding to stakeholder input on any issues including ESG issues;
• Dealing with regulators, tax authorities and auditors and other relevant stakeholders in an open and co-operative manner; and
• Ensuring the resilience and long-term preservation of value for the Company’s business.

 

Measuring and reporting compliance

The Directors will adopt and implement (and vary from time to time as they deem necessary) detailed clear written requirements for the Company to monitor and report on the Company’s compliance with this ESG Policy Statement, including:

– metrics and methods for measurement, by the Company, of compliance sufficient to show trends over time and progress against established objectives and any targets; and

– requirements as to reporting to stakeholders at regular intervals not exceeding 12 months on the information derived from that measurement and on disclosures on ESG issues.

The Directors will publish to stakeholders all of those written requirements when they are adopted and whenever they are varied.

 

Status of this ESG Policy Statement

The ESG Committee, Directors and Senior Management Team endorse this ESG Policy Statement and are fully committed to its implementation.

This ESG Policy Statement will be regularly reviewed and updated as necessary.

This ESG Policy Statement will be published on the Company’s public website so that it is freely available to all stakeholders and others to view.

This ESG Policy Statement has been approved & authorised by: