M&G : joins Taskforce on Nature-related Financial Disclosures Forum

30 September 2021

M&G plc joins Taskforce on Nature-related Financial Disclosures Forum

M&G plc has been selected to join the Taskforce on Nature-related Financial Disclosures (TNFD) Forum, a group of institutions supporting TNFD's ambition to help shift global financial flows away from nature-negative outcomes and towards nature-positive outcomes.

As a member of the Forum, M&G plc will contribute technical expertise and practical market experience to help develop a risk management and disclosure framework that helps organisations report and act on evolving nature-related risks.

The invitation to join the TNFD Forum reflects M&G's strong commitment to long-term sustainable investing: specifically its track record in leading collective action by asset managers to achieve positive progress on environmental, social and governance (ESG) issues, and the advances it has made in integrating consideration of ESG risks and opportunities into its investment processes in a robust and thoughtfulway.

Commenting, John Foley, Chief Executive of M&G plc, said:

"As a leading global investor with long-term sustainability at the heart of what we do, we cannot ignore the threats to our natural environment. Preserving biodiversity and nature's ability to regenerate and repair the damage done by humans to the environment is essential for the future of our customers, our business and our planet.

"By helping financial institutions, businesses and governments make better investment decisions which take into account nature-related risks and opportunities, and support the transition to a long term sustainable global economy, the TNFD offers real hope for the planet and we are delighted to be contributing our expertise and influence as a member of the Forum."

-ENDS-

Media

Sophie Redburn	[phone]	[e-mail]
Notes to Editors

About M&G plc

M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional clients in 28 markets. As at 30 June 2021, we had £370 billion of assets under management and administration.

With a heritage dating back more than 170 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. We serve our savings and insurance customers under the Prudential brand in the UK and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients globally.