ESG

Marex’s commitment to environmental, social and corporate governance extends to the work we do and the way we operate. With a focus on ownership, partnership and stewardship, we take a long-term view on issues that affect our business and the communities in which we operate.

Our ESG Webinar entitled ‘Decarbonising the global energy system and why it might happen faster than you think’ with Dr Matt Ives from the University of Oxford will take place on Thursday 17 June 2021. This highly relevant topic is part of Marex’s ESG collaboration with the University of Oxford.

Dr Ives is part of the Oxford Martin Post-Carbon Transition Programme and author of the recent report ‘A new perspective on decarbonising the global energy system.’

In this session, he will discuss:

  • Latest research from University of Oxford suggests that technological advances in renewables are consistently underestimated.
  • Research scenario identifies the likelihood of a trigger point, whereby the cost of clean energy falls below products such as coal, leading to an acceleration of take-up.
  • Transition to ‘net zero’ carbon global economy could be cheaper, faster and easier than currently assumed.

Dr Ives will also be joined for the Q&A by Professor Moritz Reide from the Oxford Department of Physics, who will provide his insights on the emerging trends in renewable technologies, particularly solar.

Please email events@marex.com for further information.

ESG Report

Document Date
2020 ESG Report 30 April 2021 Download PDF Link Icon
Marex — Mangrove Project

Marex will seed a number of projects to create carbon credits by maintaining or adding new mangrove swamps in South East Asia through the support of Global Mangrove Trust, a Singapore-based NGO.

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Operational

We are one of the first organisations to adopt The Oxford Principles for Net Zero Aligned Carbon Offsetting, published in September 2020. The principles set out best practice approaches to carbon offsetting and sequestration. As well as adopting these principles to support our business, they will also be built into our carbon emissions offset venture with OxCarbon (a University of Oxford spin-out), Kumi Analytics and The Global Mangrove Trust.

As part of our carbon ambitions, we look to this project to enhance our climate goals, while also providing additional liquidity to the venture. We are also committed to looking at reducing energy, how we will procure renewable energy and changing travel necessity, making investments and changing policies as needed.

Environmental

We are committed to becoming carbon neutral as a business by 2022, in line with the UK’s target to be ‘Net Zero’ by 2050.

Our collaboration with the Smith School of Enterprise and the Environment, Oxford University (where we sponsor a research program on Environmental Sustainability), to support the launch of a spin-out entity, OxCarbon, to offer commercial services in the carbon offset market.

This is a component of a broader initiative to create an innovative way to lower the cost of verifying carbon credits using satellite data and AI, with OxCarbon publishing the information about the credit to ensure transparency. Marex provided the connectivity between the satellite data provider, the analytics component and OxCarbon. Marex will seed a number of projects to create carbon credits by maintaining or adding new mangrove swamps in South East Asia through the support of Global Mangrove Trust, a Singapore-based NGO. Advanced AI/ML-techniques to estimate carbon sequestration from high-resolution satellite data will be validated through the scrutiny of the academic peer-review community, facilitated by OxCarbon. This is part of our ambition to become carbon neutral by 2022.

Marex – Oxford Programme on the Sustainable Future of Capital-Intensive Industries

Oxford Programme on the Sustainable Future of Capital-Intensive Industries

The most impactful way we can support a green and just transition is in our business practices. Marex is proud to be a founding sponsor of the Smith School’s multi-year programme to develop datasets and research to advance social objectives in carbon-intensive industries.

Read about the Sustainable Future programme

Industrial

Marex is expanding its ESG market focus in renewable energy, fairer agriculture and circular economy sectors. We are one of the oldest and largest brokers of US Renewable Energy Certificates and biofuels, and we offer consultancy services to help clients navigate the rapidly changing green products marketplace. In the metals market, we have acquired recycled metal specialists and we are also supporting technological innovations such as Earth-i, which can support farmers in developing stronger livelihoods and rural resilience.

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Social

Building on a strong culture of respect, integrity and adaptability, we have evolved our internal processes to support our clients’ sustainability goals. The progress we have made, the commitment our teams have shown and the ways we have innovated all demonstrate that ESG improvement will never just be a box ticking exercise at Marex, but will position us to make a real difference in the world.

Charitable

Marex supports a broad range of charities through our charity matching policy. Any activity in support of a registered charity undertaken by a member of the team will be matched in value by the business.

In recent years, Marex has supported Motoneuron Disease Association, American Cancer Society, Cancer Research, Save the Children, Watts of Love, St Jude’s Children’s Research Hospital, Mulliganeers, and Save the Rhino, sponsored participants in the London, New York and Sierra Leone Marathons , and many other events and charities.

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