ESG performance

The built environment has always had a clear social purpose running through it.

This is the fourth year in a row in which we have published our ESG report, an accounting of the progress we made towards meeting our targets around environmental performance, social value and governance. This year’s report also contains our inaugural Taskforce for Climate Financial Disclosures (TCFD) report, which analyses in detail the climate related risks associated with the Group’s operations. As we look back at our performance in 2023, we are proud of how far we have come.

Our 2026 Business Strategy and ESG Strategy are intrinsically linked. Both are built around our purpose, ‘to redefine the boundaries of ambition’ and are shaped by our business priorities.

And in 2023, Mace made huge progress against its 2026 Business Strategy targets. In its commitment to social value, the Group exceeded its 2026 Value2Society target of £700m, contributing £912m in 2023.

Mace also invested £68m in R&D innovations in 2023, a near 20% increase on 2022, and maintained award-winning safety standards, reporting a 0.04 accident frequency rate across the business, meeting it’s 2026 target for the second year. It achieved all of this while remaining carbon neutral, offsetting the 10,758 tonnes of carbon produced by its 2023 activities using gold-standard schemes across the globe. When it comes to client carbon, after achieving its initial 2026 target of identifying more than a million tonnes of carbon savings within client projects four years early in 2022, 2023 saw Mace expand this target to identifying 10 million tonnes by 2026.  

The impact captured in this report is due to the collective effort of Mace people, working in partnership with our clients and suppliers – and the ambition driving us towards further success is a shared belief that our industry can help to build a better future.