As a privately owned business the board of directors act in good faith and in the best interest of all its stakeholders. The management considers that applying good corporate governance helps to underpin the long term performance of the company thereby achieving the objective of maximizing shareholder value while balancing the interest of all stakeholders.
The board is responsible for the success of the company through its guidance and monitoring of business activities. This is achieved through the formulation, delivery and review of the company’s operating strategy, monitoring and assessing the financial performance and business opportunities of the company and reporting regularly to its shareholders.
The overall system of procedures and internal controls across the business contributes to the effective corporate governance of the Company and includes:
Good governance is promoted as the responsibility of everyone at Hesco.
We know that creating a successful business requires more than just achieving financial results.
We want to make a positive contribution to everyone we come into contact with or anyone we impact whether they are business partners, employees or the wider community. We want to engage with integrity with all end users, customers, suppliers and business partners to ensure we uphold the highest standards of personal and business ethics and responsibility.
We are committed to providing excellent workplace standards for everyone.
We believe in a positively engaged workforce, one that passionately believes in the Hesco mission and continues to deliver the outstanding "can do" ethos that Hesco has maintained since it began.
Our brand has built considerable goodwill and trust with its end users, customers and business partners. We at all times seek to preserve and build upon this through ensuring we approach everything we do with a high level of integrity and, where possible, being innovative and responsive to needs and demands of those with whom we deal. We continue to seek to reach out to a wider audience, through development of the brand, by developing long term partnerships with customers, suppliers and colleagues, and working in an honest and open manner.
We demonstrate our commitment to the reduction of environmental impact, by looking for innovation that reduces waste throughout the life cycle of the products and services we provide. This commitment feeds into all levels, from manufacturing, business support and product development, to reinforcing employee environmental awareness.
We believe in supporting the communities in which we operate as best as we can, with regard to the business environment in which we work. Where possible, we seek to use local resources and we contribute to local charities, as well as supporting national organizations.