Hg
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Hg's score of 42 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hg's reported carbon emissions
In 2023, Hg reported total carbon emissions of approximately 7,559,000 kg CO2e, with Scope 2 emissions accounting for about 152,000 kg CO2e and Scope 3 emissions contributing significantly at approximately 7,559,000 kg CO2e. This marks a notable increase from 2020, when total emissions were about 2,249,000 kg CO2e, primarily driven by Scope 3 emissions from business travel, which were around 2,093,000 kg CO2e. Hg has set ambitious climate commitments, aiming for 26% of its private equity investments by invested capital to have established science-based targets by FY2026, with a goal of achieving 100% by FY2040, using FY2021 as the baseline. These targets encompass 85% of total investment and lending activities as of November 1, 2021. The commitments are aligned with the 1.5°C pathway, ensuring that emissions reductions from company operations (Scopes 1 and 2) are consistent with global climate goals. Overall, Hg's emissions data and climate commitments reflect a proactive approach to addressing climate change, with a clear focus on integrating sustainability into its investment strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | - | - |
| Scope 2 | - | 000,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 1,365,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some reduction initiatives 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.
