ESG Policy

ESG Policy for Melton Renewable Energy UK Limited and its subsidiaries

This environmental, social and corporate governance ("ESG") policy is set by the board of Melton Renewable Energy UK Limited (“MRE”) to identify and manage ESG matters applicable to MRE and its subsidiaries (together, “the MRE Group”). The policy will be implemented by management team and will be reviewed annually.


The purpose of this policy is to ensure that ESG considerations are integrated within the management and operations of the MRE Group. Further, the policy aims to identify opportunities to improve the performance of the MRE Group as measured against ESG criteria and mitigate any associated risks.


The MRE Group will incorporate the following principles (the "Principles") into its operational decision-making process:

  • Consider material ESG issues to mitigate potential risks and enhance value for MRE.
  • Monitor any ESG issues that are considered material to the operations and performance of the MRE Group using specific ESG metrics.
  • Develop appropriate KPIs and other reports to provide the MRE board with oversight of the MRE Group’s ESG performance.

ESG Principles

  • Operating in accordance with the relevant environmental regulatory requirements and environmental permits.
  • Minimising the haulage distance of all biomass fuels.
  • Maximise the capture of available landfill gas at the sites from which we operate, subject to any site specific constraints.
  • Monitoring the carbon footprint of our operations and aiming to reduce where possible.
  • Monitoring the energy efficiency of our operations and making improvements where possible.


  • We will provide safe and healthy working conditions for all, promoting diversity and inclusion and ensuring its staff and contractors are treated fairly, irrespective of race, gender, sexual orientation, nationality, disability, political or religious beliefs, and upholding high standards of business integrity in all our dealings.
  • We will be honest, clear and transparent in all forms of communication with employees, counterparties, suppliers, customers, community stakeholders, regulators, lenders and shareholders. We aim to maintain and build on this with our employees in accordance with relevant policies to ensure effective training, development and staff management.
  • We will actively seek to understand the impact of our decisions on others. For example, seek feedback and give a voice to all staff, foster strong communication and consider the impact of vany operations on local communities, our stakeholders and the environment.
  • We have a zero-tolerance approach to modern slavery and we are committed to acting ethically and with integrity in all our business dealings and relationships and to implementing and enforcing effective systems and controls to ensure modern slavery is not taking place any wherein our own business or in any of our supply chains.
  • We are also committed to ensuring there is transparency in our own business and in our approach to tackling modern slavery throughout our supply chains, consistent with our disclosure obligations under the Modern Slavery Act 2015. We expect the same high standards from all of our contractors, suppliers and other business partners, and we expect that our suppliers will hold their own suppliers to the same high standards.


  • It is our policy to conduct all of our business in an honest and ethical manner.
  • We take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in all our business dealings and relationships wherever we operate and implementing and enforcing effective systems to counter bribery and corruption.

Responsibility and Oversight

The MRE management team, reporting to the board, is responsible for managing ESG issues across the MRE Group and the implementation of this ESG Policy.