Business Culture & Ethics

Good business culture & ethics involves engaging in responsible business conduct, including but not limited to anti-corruption, anti-bribery, fair competition, respect for intellectual property, and responsible tax principles. All professionals will face challenges when they need to determine what is right or wrong, navigating different interpretations of what is ethical. Business ethics enhances good governance and legal practice by defining acceptable and morally right behaviours and expectations in the workplace, such as principles and values to guide business activities. But it is also about what we do to contribute towards our greater purpose.

Our Values

We build Hg together by living our values. Our values are embedded into the company ethos; they inform our actions every day and guide us in our work within our teams and partnerships. Our four cornerstones are: Be Genuine, Go Beyond, Outlearn and Win Right. What this means in practice is that we expect our employees to be authentic in every circumstance, act with humility and be honest and speak the truth as they see it. We encourage employees to continuously challenge and adopt a growth mindset, as well as strive for excellence at all times, remembering that perspiration is as important as inspiration. At Hg we have a long-term focus and firmly believe this creates long-term value as our employees are expected to consider the long-term impact of their actions.

Our Purpose

Our work as a private equity firm is more than just profit and growth. A sense of purpose and meaning fuels good work and drives positive change. Hg is entrusted with pension funds, endowments; millions of underlying investors and therefore its responsibility reaches deep and wide. Our purpose, defined in 2020, is:

“Trusted to improve the futures of millions of investors by building sustainable businesses for tomorrow”

Furthermore, the businesses we invest in are in an industry characterised by digitisation trends that are in early stages of adoption and are set to transform and enhance the workplace for ‘white collar’ professionals over decades to come.

Full Responsible Investment Report 2023/24
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