ESG

Environment, Social and Governance
Monahans is committed to doing everything it can to ensure its people and the planet thrive. Far from this just being the right thing to do, it is an imperative for any organisation wishing to engage with the increasingly conscious customer and central to our focus on being a better business.

As part of this commitment, we have introduced a number of changes that are reinforcing our aspirations to be a sustainably-minded business, whilst giving our colleagues a sense of purpose as they work for a firm that takes its approach to ESG extremely seriously.

To maximise the impact of these changes we have undertaken a full sustainability audit and are now partnering with Green Small Business to help us establish a robust environmental management system, policy creation and calculation of our carbon footprint. We are also working with Giki, an employee sustainability engagement platform, focussing on encouraging behavioural change across the business, with the idea that we can increase our collective environmental influence – very much of the belief that if every business takes small steps, we can create huge positive change

Companies that take ESG seriously have been shown to benefit from increased business performance, greater customer loyalty and client retention, improved brand perception and much more. Monahans can advise clients on achieving such business-enhancing benefits that are crucial in a competitive market, whilst itself leading the charge in making sustainability in accounting a sector-wide necessity.

We are very proud of our commitment to working towards B Corp Accreditation, and are delighted to share our first Social Impact Report - essentially, this reflects our journey so far in the area of ESG over the last 12 months.

This report demonstrates how we have started to make a positive impact, but also how much further we all need to go to make a real difference. It is important to us that we are both transparent and accountable, not only to the UK B Corp Movement, but also to our clients, our staff and our suppliers and and this report is one way of demonstrating our commitment to ESG and monitoring our progress. We will report each year, highlighting our impact and progress, whilst hopefully demonstrating further positive change and reduction in our carbon footprint.

B Corp certification
As part of Monahans’ commitment to the world around us, it is essential that we have a framework around which we can measure our progress and benchmark our achievements. That is why we are pursuing B Corp certification, the globally recognised standard that assess a company’s impact in areas of governance, workers, community, customers and the environment.

Opening ourselves up to the scrutiny of this rigorous process is an important step in our journey to being a better business; one whose ESG policies sit intrinsically with our business values and vision.

If you would like advice on B Corp certification – what it entails or how to employ better working processes – get in touch with our team today.

Here below are some links to our regular social media postings on our approach to ESG and becoming B Corp accredited.