LondonMetric Property PLC

Lobbying Governance

AI Extracted Evidence Snippet Source

Our Responsible Business and Environmental Policy sets out our approach and ESG targets are set every year. Progress against those targets is monitored at Working Group meetings held monthly and attended by key business representatives and a Board member. [...] ESG performance is reported to the Board at regular intervals with the Audit Committee responsible for overseeing ESG progress. Executive Directors and relevant employees are set individual ESG targets and remuneration is linked to achieving those targets. [...] The Audit Committee reviews the Company risk register (in which climate-related risks are included) annually and provides assurance to the Board on the robustness of the systems in place for the identification, assessment, and mitigation of the principal risks. [...] Certain members of the SLT and the Working Group are responsible for managing and monitoring climate-related risks. They report directly to the Audit Committee. This collaboration is led by the Head of Investor Relations and Sustainability and the Finance Director, who are members of the SLT and the Working Group and are ultimately responsible for implementing Responsible Business matters.

https://www.londonmetric.com/sites/london-metric/files/2024-06/london-metric-annual-report-2024.pdf

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https://www.londonmetric.com/sites/london-metric/files/2023-08/responsible-business-people.pdf