Sustainability
Overview
IHP is committed to conducting business in a responsible manner, striving to minimise our environmental footprint and contributing positively towards long-term sustainable outcomes for stakeholders.
To help us focus on what we can do, like many companies, we are aligning our efforts with the United Nation’s Sustainable Development Goals (UN SDGs). These are a set of goals and targets designed to improve socio-economic and environmental conditions around the world.
Our Group values are centred around doing the right thing, and not just for our customers and advisers, but also our staff, shareholders, suppliers and the wider community.
By embracing sustainability and aligning our actions and goals with the UN SDGs we are ensuring that we are doing the right thing for all these stakeholders.
| People | Community | Environmental |
|---|---|---|
Who it impacts Employees, clients and advisers and shareholders. | Who it impacts Employees, local communities, shareholders. | Who it impacts Clients and advisers, employees, suppliers, local and the wider community. |
Why it is important Our employees are our priority. Promoting a supportive and inclusive culture, where employees feel valued and provided with the opportunity to succeed, will enable us to continue to be successful. | Why it is important Supporting our community is of great importance to us and we take our responsibility seriously. We have and will continue to take steps to make a positive contribution in this area. | Why it is important Climate change is already having a devastating effect on parts of the world, from extreme weather events to the degradation of nature. We recognise that we have a responsibility to take appropriate action to help combat climate change. |
Material issues and UN SDGs • Staff engagement and culture • Health & safety, wellbeing • Skills development • Diversity, equity and inclusion (DE&I)   | Material issues and UN SDGs • Stakeholder management and communities  | Material issues and UN SDGs • Energy and decarbonisation • Managing our environmental performance • Climate change   |
Progress • Provided all employees with the opportunity to partake in a hybrid working model. • Enhanced our family friendly leave and pay. • Obtained accreditations for London Living Wage and Women in Finance. • Established mental health, menopause and LGBTQ+ forums. • Created an engagement strategy in conjunction with the designated non-executive director for engagement. | Progress • Partnered with Kingston University to provide underprivileged students on their RISE programme with the opportunity to complete work experience. • Partnered with the 10,000 Black Interns programme to provide students or recent graduates with the opportunity to complete our internship programme. • Supported causes throughout the year, such as Mental Health Awareness Week and Black History Month. | Progress • Established a Sustainability Forum. • Sustainability criteria included in new London office selection process. • Included a climate-related risk on the corporate risk register. • Performed a materiality assessment of sustainability issues. • Our London office now uses 100% renewable electricity and gas. • Conducted a supplier engagement programme. • Held an open discussion for employees on sustainability issues. |
Future priorities • Continuing to evolve a DE&I strategy. • Reviewing our benefits package to ensure that it continues to promote and support the health and wellbeing of our employees. • Continue working towards achieving our gender diversity target of our senior management cohort, in accordance with the pledge we made when we signed up to the Women in Finance charter. | Future priorities • Ensuring that our “social” support is incorporated into the sustainability strategy. • Looking at how we can donate surplus IT equipment to universities we partner with and/or charities. • Exploring ways we can further support our community through activities such as volunteering. | Future priorities • Developing a sustainability strategy to focus our efforts in a directed way. • Looking at how we can use our influence to reduce our Scope 3 emissions. • Embedding sustainability considerations into our supplier selection and review process. • Drafting a transition plan to meet our net zero goal. |