M&G plc is a prominent UK-based savings and investments firm that actively engages in lobbying activities at the European Union level, as registered in the EU Transparency Register. The company focuses on sustainable and responsible investing, emphasizing environmental, social, and governance (ESG) factors in its investment strategies. Since at least 2013, M&G has been committed to sustainable and responsible investment (SRI) practices, aligning with frameworks such as the European SRI Transparency Code and the Paris Aligned Fund initiatives. This commitment reflects in their public disclosures and stewardship reports, which detail their active engagement in promoting ESG standards and transparency in investment processes.
M&G plc’s lobbying efforts are aimed at influencing EU policies related to sustainable finance, climate change, and investment regulations to foster a more responsible and transparent financial market. Their participation in the EU Transparency Register ensures that their lobbying activities, including meetings with EU officials and financial expenditures, are publicly documented to promote accountability. The firm’s lobbying strategy likely involves collaboration with various networks and stakeholders in the financial and sustainability sectors to maximize their influence on EU legislation and policy formulation.
Financially, M&G plc allocates a significant budget to lobbying activities, covering salaries, communications, travel, and events related to their advocacy work. Their expenditures are reported annually in the Transparency Register, reflecting the scale and seriousness of their engagement with EU institutions. The firm employs a team of lobbyists who maintain regular contact with EU policymakers, ensuring that M&G’s interests and expertise in sustainable investment are represented effectively.
M&G plc’s lobbying activities are integrated with their broader corporate strategy of stewardship and responsible investment, as evidenced by their detailed annual stewardship reports. These reports provide transparency on how M&G exercises its voting rights and engages with investee companies to promote sustainable business practices. This holistic approach enhances M&G’s credibility and influence as a lobbyist advocating for policies that support long-term sustainability and responsible investment frameworks within the EU.