Board of Directors
The Board has an active role in the Company’s overall business strategies, including our corporate responsibility strategy and management of material ESG risks and opportunities. The Board conducts an annual review of the Company’s corporate governance practices and periodically reviews the Company’s data privacy and security, as well as its human capital strategies. Furthermore, the Board is responsible for overall risk oversight of the Company, which includes certain social and governance matters. To this end, the Board receives periodic updates regarding the Company’s ESG initiatives and progress. As part of overseeing our corporate strategy and our enterprise risk management program, our ESG practices are monitored by the entire Board and within specific committees.
Executive and Senior Leadership
Our Executive and Senior Leadership teams, subject to oversight by the Board, coordinate our sustainability initiatives and execute on policies and practices to perform the necessary tasks to achieve MPT's sustainability goals. To do this, they analyze the Company-wide risks and opportunities and develop and implement strategies and initiatives to address them. The management team develops, monitors, and adjusts our environmental, data privacy, cybersecurity and human capital practices in a manner that best serves the interests of the Company and all its stakeholders. Senior management regularly reviews our long-range business plans, which include potential sustainability implications, to ensure long-term value creation.
ESG Working Group
Our ESG Working Group ("the Group") led by representation by Senior Management, oversees all internal ESG matters and reports directly to our President and CEO. The Group is responsible for driving environmental, social, and governance initiatives across all aspects of our business. To do this, we ensure membership includes representation from all major departments. The Group meets bi-monthly or as needed and engages with various independent, third-party experts to strengthen our internal processes and external engagement, evaluate additional opportunities to increase ESG policies, and track performance and reporting requirements. To complement the efforts of the Group, the Board and respective committees receive periodic updates related to their oversight.
Whistleblower Policy
MPT is committed to providing a work environment that is ethical and free of discrimination and harassment. We have implemented robust reporting and investigation procedures that allow employees to raise any incident, should they arise, to their supervisor, Human Resources, or the Code of Ethics contact person. We also have a 24-hour whistleblower hotline, administered by an independent third-party that allows directors, officers and employees to file reports on a confidential and anonymous basis regarding any impropriety. Anyone who reports violations are ensured protection against retaliation. For additional information on the hotline and reporting procedures, please consult the Code of Ethics and Business Conduct.
