Tree per client

TMF Group is working on a global CSR project that is raising funds in our locations around the world. For each new client contract we secure, we are donating money to plant trees that will replenish the rainforests in Indonesia and Brazil, and support better health for local people.

Partnering with Health in Harmony on their unique programme, the funds we generate through the initiative results in the planting of thousands of trees annually.

TMF Island Walk

Each year TMF Group sponsors the Island Walk around Jersey in the Channel Islands. In 2023 the walk raised more than £112,000 for an array of local charities, up from £100,000 in 2022. Hundreds of walkers, and some runners, travel all or part of the 48-mile route around the island.

Run to Kick

In 2023, six of our EMEA countries took part in a charity running challenge to raise money for the children’s cancer charity Fight Kids Cancer. Participants from the TMF Group offices in France, Belgium, the Netherlands, Luxembourg, Ireland and the UK raised more than €20,000.

Ashoka

TMF Group worked with our previous global CSR programme partner from 2021 to 2023, supporting social entrepreneurs around the world and working on initiatives with colleagues.

• Launch of a global CSR committee with 23 regional ambassadors who were trained and tasked with exploring local CSR opportunities in their jurisdictions.
• A fundraising initiative between TMF Netherlands and Health in Harmony to plant a tree for each new client onboarded (see below for more information).
• A global yoga programme, combining personal wellbeing with fundraising. TMF Group employees from 53 countries and 71 different offices took part.
• A collaboration between TMF Hong Kong and Fair Employment to promote the challenges faced by domestic workers in Hong Kong alongside the rollout of ethical solutions.
• A volunteer programme where employees from TMF China assist Stepping Stones in providing disenfranchised young people with life skills, along with psychological and social support.
• Mentors from TMF Group worked with Hola America to support social innovation projects with a focus on migration in Chile and Argentina.

An ethical approach is important to us and our clients. Our efforts in this space are reflected in our EcoVadis rating. Our Silver Medal award involved being assessed against multiple criteria. We have featured in the top 2% in our sector (financial and legal) for ethics since we were first rated in 2021.

We also want to work with clients who make a positive contribution to the economy. We are also careful to ensure they don’t pose a threat to our reputation or integrity. That means we have a strong anti-money laundering/counter financing of terrorism (AML/CFT) framework and a ‘three lines of defence’ structure. We also take into account the nature of the business each of our clients undertakes.

Ensuring our clients are compliant starts with our own organisation maintaining compliance across all areas of our global operation. In addition to the AML/CFT framework, we have a compliance monitoring plan, a risk framework that continually evaluates our services, and a robust corporate governance framework.

In September 2023, TMF Group joined more than 23,000 participants worldwide as a signatory of the UN Global Compact. This saw our CEO pledge that the company would abide by the ten principles of the world’s largest corporate sustainability initiative.

TMF Group is proud to be a participant in the UN initiative. By aligning ourselves with this global movement, we reaffirm our dedication to the principles, which cover human rights, labour rights, the environment and anti-corruption.

TMF Group has retained its EcoVadis Silver Medal rating for 2023.

Being awarded the medal for a third year running is a reflection of our positive ESG journey. The award is a recognised and trusted global assessment, with more than 90,000 companies taking part across multiple industries. A silver rating confirms our status as a responsible company – to clients, colleagues and our industry. It affirms our commitment to social and environmentally responsible business practices.