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Hermes Announces a Pledge of Responsibility and Transparency

23 October 2015

Hermes Investment Management, the £29.8 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, has today revealed that it is has created a pledge underpinning its commitment to always put its clients first, and to act responsibly and transparently. The pledge represents an aspiration of what Hermes wants to embody. Taken initially by every member of the Hermes Executive and Management Committees, the pledge is being rolled out to all Hermes staff.

Saker Nusseibeh, Chief Executive, Hermes Investment Management, said:

“At Hermes we have a strong culture of responsibility, established long before it became fashionable in the industry. It is ingrained in our corporate DNA, and informs the way in which we behave as a firm and as individuals. Our new pledge is one way we are making clear our commitments, obligations and responsibilities, but of course, we expect to be judged by our deeds, not our words.”

The Hermes Pledge

I pledge to fulfil, to the best of my ability and judgment and in accordance with my role, this covenant:

  • I will act ethically, responsibly and with integrity
  • I will put the interests of our clients and their beneficiaries first
  • I will encourage responsible behaviour in the firms in which we invest and on which we engage
  • I will act with consideration for society and the environment both now and in the future. I will encourage others to do the same
  • I will work with industry colleagues and other key stakeholders to develop and improve our industry’s contribution to society
  • I will treat my clients, my colleagues and all other stakeholders with respect and as I would wish to be treated
  • I will deal with our regulators in an open, co-operative and timely way
  • I will communicate clearly and honestly with all parties inside and outside our firm
  • I will manage conflicts of interest fairly between all parties

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