HgT’s approach to responsible investing
The Board of HgT fully endorses the Manager’s policies to invest HgT’s funds in a socially responsible manner.
A force for good
Hg is committed to being a Responsible Investor and that means taking action on a firm level and across the portfolio.
Hg looks to grow sustainable businesses which are great employers and good corporate citizens, whilst also generating strong returns for the millions of pensioners and savers who are invested with Hg.
Sustainability across Hg
Hg's Responsible Business framework applies just as much to Hg as it does for its businesses. Hg strives to be a responsible investor, business and employer in a number of ways.
UNPRI ratings (97% for PE, 94% for Policy, Governance & Strategy, 100% for Confidence Building Measures)
donated via The Hg Foundation since 2020
Employee Net Promoter Score
Hg’s approach to responsible investment
Stability, sustainability, resilience – the ability to endure. Core to Hg’s strategy over the last 30 years is to build a franchise that lasts for future decades. This is important to Hg as they have a purpose with an equally long-term horizon – bearing the trust to improve the future of millions of investors by building sustainable businesses for tomorrow. Hg can only continue to deliver this purpose in a sustained way if they are growing and investing responsibly.
Sustainability across our portfolio
Hg's approach to responsible investing is outlined in its Sustainable Business Framework which is tailored specifically for technology and service companies.
Focusing on What is Most Material to Us and Our Stakeholders
A materiality assessment is a process in which a company identifies sustainability and broader emerging issues that are most important to its business and stakeholders given its operating context.
Business Conduct
- Good business conduct refers to the standards and practices that guide how a business and its employees operate. This includes ethical principles, rules and values, defining how employees should conduct themselves professionally and how the organisation interacts with its key stakeholders, including but not limited to practices to promote anticorruption, anti-bribery, fair competition, respect for intellectual property and responsible tax principles.
Climate Change
- We recognise we have a responsibility to guide and support our portfolio companies in setting carbon reduction targets and aligning with a Net Zero future. This approach enables our businesses to increase energy efficiency and build resilience, being less dependent on fossil fuel consumption, better understand climate-related risks and manage challenges and opportunities that lie ahead.
Cybersecurity
Today’s cyber threats are evolving rapidly, powered by new artificial intelligence tools that make sophisticated attacks easier to execute and more widespread. This shift means we are likely to see more cyber incidents worldwide. Consider this: technology now exists that can create convincing fake videos of anyone, complete with an accurate voice copy. Imagine receiving what appears to be a genuine message from a trusted colleague asking for sensitive information.
Culture and Inclusion
We appreciate that business success depends not just on talent, but on the breadth and variety of perspectives within a team. This is where cognitive diversity becomes important as it helps bring different ways of thinking, processing information, and solving problems.
Diversity and inclusion
Hg believes having a diverse workforce deepens the talent pool and brings a wider range of perspectives. It ultimately leads to better judgment calls and business outcomes. Looking ahead, Hg remains committed to building an inclusive workplace that creates sustainable value for all its stakeholders - from investors and employees to the communities it serves.
"Our approach to sustainability is grounded in how best to create enduring value in the businesses we invest in."
JB Brian
Managing Partner and Co-CEO
The Hg Foundation
The aim of The Hg Foundation is to remove barriers to education and skills in technology so that the tech workforce of the future harnesses the talents of all, regardless of background. We focus on individuals from under-served or diverse backgrounds, who may otherwise experience barriers to access.
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