Environmental, Social and Governance (ESG) Policy
Manolete Partners’ primary business ethos is one of giving justice to creditors. It forms the cornerstone of our commitment to a fair and responsible Environmental, Social and Governance policy.
Access to justice
Manolete has innovated a new business model and approach to insolvency litigation. Manolete settles cases, in the main, much more rapidly than other litigation funders in the insolvency sector, allowing for a higher proportion of returns to be given back to the creditors. We ensure the monetary returns are paid to the insolvent estate promptly once the case is settled. We have built a very strong rapport with hundreds of Insolvency Practitioners who approve of our ethos, our conduct and promise to deliver efficient returns to the estate. Invariably the most substantial creditor is HMRC and Manolete returns millions of pounds to the public finances.
Governance
Details of Manolete’s corporate governance code and how we apply are provided above and can be found at: investors.manolete-partners.com/company-information/corporate-goverance
Our Conduct
The Manolete Board requires the highest standards of corporate governance, operational excellence and financial reporting throughout the Company and from all directors and employees. In turn this demands that the Company, its Directors and its employees operate in an honest, professional and ethical manner which is essential for our reputation as well as building trust and respect with our key stakeholders, including customers, business associates, employees, communities and shareholders.
Our ESG policy contains the fundamental business principles that set these standards and guides our conduct across the Company and in our business dealings. We trade lawfully and properly at all times and, as a minimum, comply with all laws and regulations. We do not tolerate any form of bribery in our business and the Company has in place an anti-bribery and corruption policy reflecting the standards that we expect of our staff.
Diversity and inclusion
We believe our employees are central to the success of our business. The Company is committed to their development and providing recognition based on success and achievement. We are an equal opportunities employer and it is our policy to ensure all job applicants and employees are treated fairly and on merit regardless of their race, gender, marital status, age, disability, religious belief, sexual orientation or other diversity factors. We have created strong lines of management accountability and many of our team benefit from flexible working arrangements. We are a gender balanced business, with 54% of staff being female and 60% of the Board being female.
Environmental
The majority of the company works remotely and a high proportion of our mediations and meetings are carried out via Zoom or Teams. We comply with environmental protection laws, including recycling and waste disposal requirements. Our marketing materials mostly utilise online resources.
Information
We provide accurate and timely information to external stakeholders in compliance with relevant laws and regulations. We give regular presentations to investors and make every attempt to share as much relevant data with them as possible to ensure the company’s financial position is clear to the market.
The Company takes all necessary steps to protect the personal information it holds and to comply with its data protection obligations
Crime prevention
We have measures in place for detecting, preventing, reporting, investigating and prosecuting suspected fraud and financial crime. We have effective anti-fraud and anti-money laundering systems and controls as well as an anti-bribery and corruption policy in place in addition to effective claims management and counter-fraud capabilities.