Key focus areas
Hg in 2022/23
We recognise the importance of constantly moving forward with ESG improvements. The world does not stand still and we continually assess what we are doing on ESG. In 2022/23 we are particularly proud of the following achievements:
Materiality
Materiality is about focusing our efforts on areas we can have the biggest impact – areas that pose the highest risk, while offering the greatest opportunities. This year, our key topics are Anti-trust, Business Culture & Ethics, Cybersecurity, Climate & Energy, Data Privacy and Diversity, Equity & Inclusion.
Diversity Equity Inclusion
Our goal is to create and sustain a workforce that is diverse, equitable, and inclusive, in an environment where every individual feels valued. We actively drive change by focusing on inclusive practices in recruitment, development, and retention, while cultivating an inclusive culture.
Cybersecurity
Hg prioritises the security and preparedness of both our own operations and those of our portfolio. Through rigorous due diligence, continuous assessment and collaboration with portfolio companies, we aim to safeguard investments by implementing measures and maintaining a proactive approach.
2022 Portfolio ESG Review
Our ESG diagnostic process, which is based on our Sustainable Business Framework, is a collaborative process starting with an initial introduction session followed by a self-assessment. Each portfolio company is assessed and scored as part of onboarding and annually thereafter. The average ESG score across the portfolio in 2022 was 8.0.