In 2023, we published our inaugural formal annual report on Thomas Miller's Environmental, Social and Governance (ESG), to provide our stakeholders with a greater insight into who we are, what we stand for as a Company and including which aspects of ESG are most important and material to our business.

These five pillars focus on:

Our People - Advancing diversity, equity and inclusion (DEI), access to learning and development opportunities, support for employee wellbeing and generating employee engagement.

Our Company - Sustaining strong corporate governance with distinct ESG integration and adhering to stringent ethical business compliance, ensuring our purpose as an expert service provider across our global operations.

Our Community - Developing our commitment to the communities in which we operate as a business through our charitable giving and volunteering programmes, with particular focus on social impact to benefit those around us.

Our Planet - Tracking our global carbon footprint as a service provider and developing environmental considerations for emissions on a global basis to make an impact where possible.

Our Marketplace - Commitment to supporting the businesses we own and manage on their ESG journeys and taking great care around ESG considerations within the businesses we own and through our wider supply chain.

The United Nations Sustainable Development Goals (UN SDGs) provide a globally recognised framework to help us to structure our engagement with stakeholders and to communicate performance on key ESG outcomes. We have therefore developed Thomas Miller’s ESG strategy to support and align with six of the UN SDGs.

We have identified these as being particularly pertinent to the Group’s primary activities as a service provider and that align to our five pillars of CSR and ESG impact:

We have also joined the United Nations Global Compact initiative to support our progress here, serving as a voluntary framework for companies to develop, implement, and disclose responsible business practices, supporting strategies and operations with ten universal principles on human rights, labour, environment, and anti-corruption. The UN Global Compact has an ambition to accelerate and scale the global collective impact of business to enable change for a more sustainable society.

We continue to adopt a proactive approach embedding ESG in every day practices. We have outlined our intention to move towards more quantitative data driven targets where possible in 2025 and beyond.

We have agreed new ESG commitments for the forthcoming year in our second annual ESG report. Spanning all five pillars of CSR and ESG, these will enable us to continue to drive change in the areas we have identified as being the most material.