ENVIRONMENTAL:

The idea that investors who integrate corporate environmental, social and governance risks can improve returns is now rapidly spreading across capital markets on all continents. In Europe, for example, a critical mass of pension funds and insurers have started to award new business exclusively to asset managers with ESG capabilities. The global investor community has developed a variety of methods for optimally integrating ESG information, such as outlined in A Practical Guide To ESG Integration for Equity Investing. Among the many ESG factors that are viewed as having financial relevance are especially those related to climate change. The reason for this is that climate change is no longer a distant threat on the horizon, but one that is here and now, with multi-billion-dollar economic consequences. Many investor initiatives are now pushing for de-carbonization and the Task Force on Climate-related Financial Disclosures (TCFD) has given much impetus for improving risk preparedness and, by implication, de-carbonization actions. 

Hyrenco’s solution includes features which directly contribute to considerable reduction in Carbon emission.

SOCIAL:

The ESG’s Social criteria look at Hyrenco’s business relationships and triggers questions like:

• Does it work with suppliers that hold the same values as it claims to hold?
• Does the company donate a percentage of its profits to the local community or encourage employees to perform volunteer work there?
• Do the company working conditions show high regard for its employees’ health and safety?
• Are other stakeholders’ interests considered?

The big challenge for most corporations is to adapt to a new environment that favours smarter, cleaner and healthier products and services, and to leave behind the dogmas of the industrial era when pollution was free, labour was just a cost factor and scale and scope was the dominant strategy.

Hyrenco will engage in social programs with focus on children's education within protection of the marine environment.

GOVERNANCE:

The ESG’s governance criteria ensures that investors get the opportunity to know that Hyrenco:

• Use accurate and transparent accounting methods
• Avoid conflicts of interest in their choice of board members
• Do not use political contributions to obtain unduly favourable treatment
• Do not engage in illegal practices
• And stakeholders are given an opportunity to vote on important issues

Hyrenco will ensure that all these principles are followed and will do its uttermost to conduct its business lawfully and in accordance with generally accepted principles, rules and regulations.

Modern Slavery Policy

HSEQ Policy

Human Rights Policy

Codes of Conduct

Sustainability Policy

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