Hg, formally known as HgCapital, is a leading private equity and investment firm headquartered in Great Britain. Established in 1989, Hg has built a strong reputation in the technology and services sectors, focusing on software and tech-enabled services across Europe and North America. With a commitment to driving growth and innovation, Hg has successfully managed numerous funds, achieving significant milestones in the private equity landscape. The firm is renowned for its unique approach to investing, leveraging deep industry expertise to identify and nurture high-potential companies. Hg's core offerings include strategic investments and operational support, which distinguish it in a competitive market. The firm has consistently ranked among the top private equity firms, reflecting its robust portfolio and impressive track record of delivering value to investors.
How does Hg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hg's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hg reported total carbon emissions of approximately 4,740,000 kg CO2e, with emissions distributed across various scopes: 20,000 kg CO2e (Scope 1), 200,000 kg CO2e (Scope 2), and a significant 4,728,000 kg CO2e (Scope 3). This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Comparatively, in 2021, Hg's total emissions were about 291,000 kg CO2e, with Scope 1 emissions at 19,000 kg CO2e, Scope 2 at 94,000 kg CO2e, and Scope 3 at 178,000 kg CO2e. This indicates a substantial increase in emissions over the years, particularly in Scope 3, which is often the largest contributor for many organisations. Hg has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests a need for further commitment to climate action. The emissions data is not cascaded from any parent organisation, indicating that HgCapital Trust plc independently reports its emissions without influence from a corporate family relationship. This self-contained reporting underscores the importance of transparency in their environmental impact assessments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 00,000 | 00,000 | 00,000 |
Scope 2 | - | 000,000 | 00,000 | 000,000 |
Scope 3 | 1,365,000 | 0,000,000 | 000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hg is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.