The theme of this year’s sustainability report is ‘partnership’. From our initial commitment to
the United Nations Global Compact and the articulation of the Sustainable Development Goals
(SDGs) in 2012 to our signing of the United Nations Principles for Responsible Investment in
Q1 2018, we have been taking measured but determined steps to align our business with
environmental, social and governance (ESG) factors. We have assimilated many lessons along
the way. We have learnt that commitment to ESG issues is not a luxury and that the business
case for sustainability is increasingly sound. We have also realized that we cannot get away
with just paying lip service to ESG considerations and that we must transform our business to
meet the challenge.
The key lesson we have learnt, however, is that partnership is vital in order to localise and
implement the SDGs. The problems that face us today are multi-faceted and sustainability
hinges on buy-in from all stakeholders. The SDGs provide a common language for partners
and a unified sense of purpose across all dimensions of sustainable development, whether at
the level of government, civil society or business. I believe that it falls to organizations such
as ours to take the lead: As pioneers in the field of sustainability and responsible investment
in the region, we have the means to provide awareness and bring stakeholders together to
develop strategies that work within local contexts.
As we expand into new markets, the scope of our influence becomes bigger and with it our
reach and responsibility to act as SDG ambassadors. Partnerships come in many forms and
our report this year presents many of the innovative and synergistic partnerships that we have
been instrumental in creating and fostering across the breadth of our operation.
I am also exceedingly proud to announce that Hanaa Helmy, Chief Executive Officer of the EFG
Hermes Foundation and Head of CSR, was recently recognized by the UN Global Compact as
one of 10 SDG Pioneers in 2018 for her work in social development and advancing sustainability
As always, I thank you for your continued support and I humbly present you with EFG Hermes’
fifth annual Sustainability Report.