Man Group plc - Corporate Responsibility Report 2007

How did we do?

We have continued to improve the scope of our data capture. Our results year-on-year are as follows:

Useable floor space
Our useable floor space per employee decreased from 13.8 m² to 12.5 m2 year-on-year primarily as a result of the Refco integration. Restricting the analysis to the same offices as last year results in a comparable, like-for-like, measurement of 13.6 m² per employee.

CO₂ emission per square metre
Overall CO₂ emissions per square metre resulting from our utility usage fell 38%, reflecting the reductions generated by our London energy programme.

Water usage
Our water usage fell from 19,403 litres to 10,872 litres per employee, 44% down on a like-for-like basis against last year. Previously, our data related to the London office only, that includes a staff restaurant facility. While many of our overseas offices are tenants in a larger multi-tenant building where usage is not individually metered, the 2007 figure represents improved data quality. The comparative usage for London only is 16,624 litres per employee.

Gas usage
Our gas consumption fell from 2,582 kWh per employee to 1,005 kWh per employee year-on-year. Previously the data was based on usage in the London office only, but the valuation now reflects many of the overseas offices that predominantly do not use gas, with the exception of Switzerland. The comparable gas usage for London only in 2007 shows a reduction to 2,256 kWh per employee, 13% down year-on-year.

Electricity usage
Our electricity consumption fell year-on-year from 7,680 kWh to 5,812 kWh per employee. Again the reduction reflects the improved reach of our data capture to more overseas offices. However our historic data is based on our major offices and IT centres in London, Switzerland and the US, which continue to require more power.

CO₂ emissions per employee
Our CO₂ emissions continued to fall year-on-year, from 3,716 kgCO₂ to 2,688 kgCO₂ per employee, reflecting the benefits of ‘green’ tariff supply at our London sites, this despite a marginal 4% rise in CO₂ emissions from air travel.

In compiling the analysis we used the CO₂ emission conversion factors issued by Department of Environment Food and Rural Affairs (DEFRA) Guidelines for Company Reporting on Greenhouse Gas Emissions – July 2005 and the United Nations Conference on Trade and Development (UNCTAD) standard emissions factors. The reductions exceeded our internal target of a 3% reduction year-on-year.

Video conferencing
The number of video conference units (rooms with video conferencing facilities or portable units), which help reduce the need for business travel, increased 36% year-on-year.

The breakdown of our recycled waste is as follows:

Tonnes	Plastic	Paper	Cans	Cardboard	Glass	Food	Mixed
2006	2	15	4	–	1	–	–
2007	3	14	1	24	7	7	21

Waste management and recycling
The amount of waste we recycled in our London offices this year more than tripled, from 22.40 tonnes last year to 76.80 tonnes this year, and we have been able also to introduce programmes in Dubai, Dublin, Hong Kong and Chicago.

We have received undertakings from building managers of some of the offices where we are not the sole occupier, that recycling programmes will be introduced. We hope to update on progress on the Corporate Responsibility website over the coming year.

We have also now added cardboard and food to the list of waste recycled.

Accreditation
Our Carbon Programme has been accredited by the firm Virtuous Circle Ltd. Full details can be found in our separate Corporate Responsibility Environment supplement available in hard copy or via our website at www.mangroupplc.com. and follow the CR link.

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