Hyde Group Holding Ltd. Statement of continued support

15th December 2022
To our stakeholders:
I am pleased to confirm that Hyde Group Holdings Ltd. reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.
Sincerely yours,

David Cooper
Chief Executive Officer

Hyde Group Holdings Ltd. are committed to upholding the human rights of its employees and those working within its supply chain. this is reaffirmed within our Statement of Continued support, our company Ethics Policy and Procedures and our Modern Slavery Act Transparency Statement which are published via our website.

All our contracts have, written within our terms and conditions, that any of our suppliers must uphold our high standards of Human Rights and Ethics Policy to do business with us.

Hyde Group Holdings Ltd. have upgraded our existing Terms and Conditions of Employment for all our employees to provide them with a comprehensive Employee Handbook that includes details grievance procedures that exceed current UK Employment Law rights for whistle blowers and grievance reporting.

we actively encourage awareness training for all employees on Human Rights and have incorporated this within our Induction processes for new employees. We have also recently employed more staff to handle our HR Commitments to Human Rights management.

During the last year we have increased our HR Staffing levels by 75% and introduced several schemes for employees to manage their work-life balance. we have also provided a platform for general health checks of our employees to ensure early detection and treatment of common illnesses.

It so no accident that there have been no legal cases or actions on our business in respect of Human Rights violations or employment law and we consistently and periodically review our management systems and procedures to ensure this remains the case at the very highest levels of management.

Hyde Group Holdings Ltd. have policies and procedures to ensure that all our employees have the right to dignity in the workplace, employees are treated with respect and have freedom of association. these rights are clearly disseminated to our employees via a comprehensive Employee Handbook that incorporates these principles. We do not employ child labour and employees between the ages of 16 and 18 are given specific risk assessments to ensure their safety in the workplace.

Hyde Group Holdings Ltd. have a HR Department tasked with ensuring UK Labour laws are upheld and employee grievances are processed correctly. this is supported by robust procedures and policies.

our compliance to the UNGC Principles are reviewed annually as a matter of course and to ensure our continued commitment to it throughout all aspects of our business dealings.

Hyde Group Holdings Ltd. have been assessing our environmental footprint for over 10 years and have consistently strived to reduce our carbon footprint wherever aspect of our business impact on the environment. these principles have been embedded in our Ethics Policies.

Hyde Group Holdings Ltd. subsidiary companies are striving for full compliance to the ISO 18001 Environmental Management standard with over 50 % of our businesses now fully compliant and plans to complete this over the coming year. it has embarked on a course of solar energy supply at a number of our sites and replacement of lighting systems to more efficient LED Lighting technologies.

A number of our company vehicles are now fully electric and will replace the petrol and diesel vehicles over time.

with over 50 % of our businesses compliant to the ISO 18001 Environmental management standard, external audits have shown full compliance. this standard requires detailed procedures on how environmental incident are dealt with and comprehensive reviews at each site and at a corporate level.

Hyde Group Holdings have a zero tolerance for bribery and corruption. we have a robust Policy with procedures that detail our commitment to stamping out such business behaviours. All management staff have been trained to recognise and act on any signs of such behaviours with clear reporting routes to ensure that such instances are thoroughly investigated and dealt with appropriately. Our Policy is clearly described within our terms and conditions of supplier contracts to ensure our supply chain are fully aware of our commitment in this sphere of our operations and the consequences of any attempts to breach our policy on this matter. .

All employees have awareness training based on our Ethics Policies incorporated within our induction / on-boarding processes. the Hyde Group Holdings main board are tasked with setting up investigations where there is any hint of corruption occurring within the company or the supply chain. employees know that there are protections provided for any whistleblowers from within the organisation.

All Ethics procedures, including those that incorporate anti-bribery and anti-corruption policies are audited periodically and procedures are reviewed annually by senior Board management to ensure they remain topical and effective.