How we make a difference
Environmental, Social, Governance (ESG) refers to the socially responsible ways we work in our projects, offices and the wide-ranging communities we operate in. It covers Corporate Social Responsibility, Equality, Diversity and Inclusion and Sustainability.
HCP employees are entitled to a day of Volunteering leave per year. This is to give back and help our communities. A working group of people making a Social Impact diﬀerence in their projects and oﬃces have formed internally within HCP to act as Ambassadors and discuss ways that we can continuously evolve our oﬀering at HCP and beyond. Our ESG won the Silver Partnerships Award in December 2020.
Environmental, Social, Governance Policy Summary
HCP works with numerous financial investors and is committed to supporting our clients in the delivery of their Environmental, Social and Governance (ESG) values and initiatives to achieve socially responsible investing.
We recognise the importance of ESG and aim to minimise our own direct impact and lead by example where we can. We believe that ESG principles should be integrated into a business to ensure they form part of the expected considerations for service delivery; part of the day-to-day fabric of the business environment. We aim to achieve effective management of ESG to contribute towards environmental protection, improved social welfare and create responsible and ethical standards of corporate governance.
HCP’s core business is the SPV Management of assets within PFI and PPP sectors. As such, we are not directly involved in financial lending. We therefore focus our ESG activities on ESG factors relevant to our business. Outlined below is a summary of the key focus for our ESG policy:
- Environmental Protection – managing and improving our impact on the environment
- Community Engagement – ensuring our engagement with local communities strengthens existing community initiatives and provides a positive contribution
- People and Resourcing – enabling our employees and associates to develop and learn
- Ethical Standards – protecting the health and welfare of employees and promoting diversity
- Corporate Governance – operating honestly and cooperatively to achieve the highest corporate governance standards
- Compliance and Transparency – implementing effective compliance monitoring to ensure Client protection and risk mitigation
Our policy outlines our commitment and belief for environmental management, social concerns and corporate governance; alongside examples of where we have lived and demonstrated our policy through our actions and initiatives.
As a key supply chain partner we promote collaborative and open working. We therefore encourage our partners to focus on the key areas above which have a material risk or opportunity to delivering a measurable and effective ESG policy.
HCP Equality, Diversity and Inclusion Group
Encourages diversity and equality within HCP, improving engagement, staff retention and the development of talented individuals (with a more equal gender split) into senior leadership. In 2019 and 2020, HCP was nominated for a Partnerships Awards for Diversity and Culture, and won Silver in December 2020.
The group continuously challenge the status quo, encouraging positive change. Working in partnership with HCP HR on inclusion related topics, including addressing the Gender Pay Gap with unconscious bias training for all hiring and line managers and career development within the business, introducing inclusive mentoring, and flexible working.
Gender, socio-economic background, ethnicity, disability or sexuality should never be a barrier to career success.