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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 a successful business is more than just its financial results.
We want to make a positive contribution to everyone we engage with, 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 ensure we have an enhanced working environment by:
We believe in a positively engaged workforce, one that passionately believes in our mission and continues to deliver the outstanding "can-do" ethos that we have maintained since we began.
Our brand has built considerable goodwill and trust with our end users, customers and business partners. At all times we seek to preserve and build upon this by approaching everything we do with a high level of integrity and, where possible, innovating and responding to the needs and demands of those we interact with.
We continue to reach out to a wider audience, through developing our brand, by working in an honest and open manner and forging long-term partnerships with customers, suppliers and colleagues.
We are committed to reducing our environmental impact by looking for ways to reduce waste throughout the life cycle of our products and services. Our commitment feeds into every area of our business; from manufacturing, business support and product development, to reinforcing employee environmental awareness.
We support the communities we operate in as best as we can. Where possible, we use local resources and we contribute to local charities, as well as supporting national organizations.
Hesco Bastion Limited (‘Hesco’) is committed to carrying out its business with integrity, ethically and responsibly, which includes ensuring that slavery and human trafficking are not taking place within any part of its business or supply chain.
This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and explains the measures Hesco has taken to prevent slavery and human trafficking in its business and supply chain during the last financial year ending 31 December 2018. It has been approved by the board of directors.
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