Our business is dependent upon resources and relationships, and our long-term success will be sustained by carefully managing both. We recognise that a framework encompassing Environmental, Social and Governance (ESG) factors is how many investors and analysts collect comparable data. At Marston’s we have invested in corporate responsibility for many years, recognising the important social purpose of pubs to communities, as well as operating ahead of our sector on environmental improvements such as zero waste to landfill and installation of electric car chargers.
In order to ensure that our strategic goals are achieved in a manner consistent with the Company's ethics, and to help communicate these values to our operations teams, we have an ESG Committee headed by our Corporate Risk Director. The Committee sets the ESG strategy, defines targets where appropriate, and has oversight of the actions taken by the business to achieve the strategy. The ESG Committee is in consultation with the wider business concerning how the Company engages with our people, our guests, and other stakeholders. Our progress against our ESG strategy is reported regularly to the Board.
The Committee follows an ESG strategy to support the Group's long-term growth and commercial objectives, adapting this strategy where needed to accommodate the emerging trends impacting our guests and employees. We are in the process of identifying two champion targets to highlight the importance of our social and environmental responsibilities. Alongside these, we will continue to track progress against a range of other ESG targets as set out in the table below.
|Our strategic priorities||Our goals||Our targets|
|Our Guests||Food safety, health options, responsible marketing||Supplier audit coverage|
|Our people||Health & safety, employee engagement, training and development||Reduction in accidents, engagement scores, training courses completed|
|Suppliers||Ethical sourcing||Adoption of our Food Suppliers Charter amongst our supply chain|
|Communities||Charitable support, community involvement||Charities supported financially, and though staff involvement|
|Environment||Waste segregation, water efficiency, CO2 emissions||Energy reduction. Food recycling. Zero waste to landfill|
Our Code of Conduct “The Marston’s Way” embodies this responsible approach to business. The Marston’s Way acts as a guide to our people on how to behave, and also as a point of reference to our corporate policies which themselves also reflect our business values.
The Marston’s Way is currently under review. See below to access the policies included in our Code of Conduct: