MBH Corporation’s ESG Summary
During 2021, we continued to build on our ESG journey and the 5 step plan we established where we align ourselves with the United Nations Sustainable Development Goals [UNSDG’s] and focus on impact specifically aligned to:
Global Goal 8 - Decent Work and Economic Growth
Global Goal 10 - Reduced Inequalities
Global Goal 13 - Climate Action
At the same time our subsidiary companies also adopt UNSDG’s that are applicable to their own businesses and stakeholders.
Whilst our annual report shares information against SECR scope 1 & 2 requirements, in June this year MBH will be producing an annual sustainability report for investors and other stakeholders. This will provide a more detailed insight into ESG targets, progress and the activities taking place within the Group to ensure that we are having a positive impact on people and the planet. This report will also contain more detail against our scope 3 data, whilst this is an optional disclosure MBH believes it is important not to ignore our responsibilities in this area linking to our values, for example in supply chain management.
Due to the acquisition model of MBH, ESG can be a challenging subject as often we do not know what type of industry or geography a business will come from. However, ESG is a fundamental part of our due diligence process which assists us in understanding a company's position in relation to this before they become part of the Group and where we need to work with them when they are on-board. In saying this, our experience to date has been that some of the wonderful characteristics of small and medium sized business is that often they have started from a sense of purpose…entrepreneurs with a desire to solve a problem and who care deeply about their people, communities and customers and often not realising the wider impact of the work they see as their natural course of business.
Our work in the Group has continued to develop during 2021 with our ESG Committee being a driving force behind sharing objectives, good ESG practices and learnings. We have developed a comprehensive toolkit for companies to assist in embedding ESG into their businesses as well as developing more people across the organisation to become ESG ambassadors within the Group.
Some examples of success stories from MBH this year have been maintaining our 5 star support the goals status, our Board Apprentice Programme and our Female Leadership Programme amongst many other amazing success stories from within the Group companies. Together as a collective having a really positive impact. We also achieved over 300,000 positive impacts in developing nations and this year we aim to achieve over 1,000,000.
Although ESG can be over-complicated, in MBH we like to keep it straightforward - simply doing the right things in the right way and the key focus being about the end impact. The eventual impact is the most important part of the ESG journey.
To find out more about our approach to ESG, visit the
ESG section
on the MBH website.
The ESG Sustainability Report will be available in June 2022.