The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Mitie Maintains Sustainability Accreditation

Mitie Maintains Sustainability Accreditation
13 August 2020
 

Mitie has continued in strength with the FTSE4Good Index Series, following the June 2020 index review – they accompany 103 other UK businesses proving their sustainability to this standard.

The "Developed" Index is one of seven indices managed by FTSE Russell, the London Stock Exchange’s index provider, and is focused on businesses operating in developed markets. It represents those companies that demonstrate strong environment, social and governance (ESG) practices to provide a benchmark.

The Index is reviewed every six months to ensure all businesses continue to meet its stringent requirements. The criteria are revised regularly to ensure they’re consistent with the latest ESG developments and standards.

Every organisation is measured against a series of criteria, which are developed by a broad range of stakeholders, including: NGOs, government bodies, consultants, academics, the investment community, and the corporate sector.

Image

Picture: FTSE4Good logo

 

ESG Principles

 

Companies must have an overall ESG Rating of 3.3 out of 51 to be included in the index. Environmental criteria can include a company’s energy use, waste, pollution, natural resource conservation, and treatment of animals. Social criteria is based on the company’s business relationships– working with suppliers that hold the same values as it claims to hold, and expressing high regard for employee health and safety through working conditions. Governance deals with a company's leadership, executive pay, audits, internal controls, and shareholder rights.

In February 2020 Mitie launched the sector-leading "Plan Zero" initiative, committing to reach net-zero carbon emissions by 2025, while also supporting its clients in achieving their own sustainability goals with "Zero Carbon for Zero Cost." As part of this commitment, Mitie will switch its entire fleet to electric vehicles (EVs) by 2025 and has already rolled out 550 EVs in just over a year. 

 

"As companies get back to business and we all adjust to a new normal, now is an ideal time to ensure that green thinking is leading the UK’s economic recovery."

Carlo Alloni

Managing Director, Technical Services and Integrated Facilities Management, Mitie

 

Mitie has been a Recognised Service Provider by the Living Wage Foundation since 2019 and the Mitie Foundation provides opportunities for disadvantaged groups to remove barriers and open ways into sustainable employment. The business is ranked 6th on the Inclusive Top 50 UK Employers list, as well as being named as a 2020 "Top Employer" by the Top Employers’ Institute.

Picture: A photograph of a forest, with a close up on a tree showing that it's sprouting green leaves

Article written by Bailey Sparkes | Published 13 August 2020

Share



Related Articles

Mitie Shares Plan Zero Fleet Transition Service

Businesses wanting to make their fleets fully electric are being offered a transition service to support their approach.  FM and professional services company...

 Read Full Article
Mitie Appoints MD of Sustainability And Energy Services

Pradyumna Pandit has been appointed to the newly created role of Managing Director of Sustainability and Energy Services at Mitie. This hire is part of Mitie’s...

 Read Full Article
Mitie Commits To Plan Zero

Simon King, Mitie's new Director of Sustainability, is behind the company's “Plan Zero” commitment to reach zero carbon by 2025 –  which...

 Read Full Article
No Strategy - No Net-Zero

Lack of know-how is holding back UK carbon reduction, says a new report from Mitie which suggests nearly two-thirds of UK businesses don't have a net-zero...

 Read Full Article
UK Must Create New Green Jobs, Says CBI Boss

Dame Carolyn Fairbairn has said that the UK must become a global leader in climate action to create new green jobs and lift productivity post-pandemic. Speaking at the...

 Read Full Article
CMA Launches Investigation Into Interserve and Mitie Deal

The Competition and Markets Authority is investigating whether the deal between Interserve Support Services and Mitie might reduce competition in the FM sector. The...

 Read Full Article
Mitie Gives Extra Day’s Holiday To 25,000 Frontline Employees

As a gesture of thanks for the work of their frontline colleagues during COVID-19, Mitie is awarding its staff an extra day of holiday. The company is also...

 Read Full Article
Mitie Awarded £6m FM Contract for Yorkshire Ambulance Service NHS Trust

Mitie has secured a new contract to deliver engineering services for the Yorkshire Ambulance Service NHS Trust. The FM provider will deliver maintenance and...

 Read Full Article
It’s Never Too Early To Start Preparing For A Potential Second Wave Of Coronavirus Infections

Mitie's Managing Director of Technical Services & Integrated Facilities Management, Carlo Alloni, discusses how businesses need to include plans for a...

 Read Full Article
Product Focus | How Can the Revolving Green Fund Help FM Teams?

Energy management initiatives are key in achieving long-term carbon reduction goals but, in the current economic climate, companies may struggle to find the capital...

 Read Full Article