We believe good governance makes Hines a sustainable, resilient business. Over the past 64 years, we have built a robust structure to support our growing investment business and ensure that we continue to lead the industry. Built for scale and speed, our Investment Management Governance structure helps us better leverage our competitive advantages as a firm. We will keep adapting and evolving our investment business and structure to meet the changing landscape and ensure that Hines remains a leader and a driving force in our industry.
Corporate Governance
Excellence, integrity, and trust are at the core of everything we do at Hines.
Our governance model provides for regional flexibility while upholding Hines’ standard of excellence across the globe.
Our Commitments to Responsible Investment and Governance
We operate with the highest level of ethical standards, with governance in place to ensure that these standards are followed.
Expand and enhance ESG data management
Track and leverage climate resilience data to inform investment decisions
Assess Hines’ carbon emissions and create a management and mitigation plan
Become a Signatory to the UN Principles of Responsible Investment in 2021
Increase new fund participation in GRESB and strive for five stars
GRESB results further Hines' position at forefront of ESG
Investment Management Governance
Business Governance
The Hines Executive Committee is composed of ownership representatives and leading regional and central senior executives worldwide. This group serves as our board of directors and is responsible for overall governance. Our Investment Committee, Steering Committee, Audit and Compliance Committee, and Personnel Committee provide oversight, as well.
Compliance
Our Audit and Compliance Committee provides oversight of the integrity of our financial reporting and compliance with legal and regulatory requirements regarding financial reporting practices.
ESG Governance
The firm has created an ESG Leadership Council that is led by our Global Head of ESG and includes the Hines Global Sustainability Officer, Chief People Officer, and Chief Legal Officer as well as Hines’ regional ESG leaders. The council oversees our ESG Working Groups and meets with the Hines Executive Committee on a quarterly basis to review our strategy and report progress.
Stakeholder Engagement
Hines engages with internal and external stakeholders like employees, tenants, investors and the wider real estate investment industry to ensure we're meeting and exceeding our goals.
The Hines Global Code of Business Conduct and Ethics
Ethics Point
Our reputation was built on conducting business in accordance with the highest ethical standards and following the letter and spirit of the laws and regulations applicable to our business. We expect employees, shareholders and business partners to report conduct they believe to be unethical or in violation of the law, the Global Code of Business Conduct, or other Hines policies. EthicsPoint, provides an anonymous and confidential source if someone is uncomfortable reporting ethical or legal concerns.
Go to Ethics PointIntegrating Sustainability Into Investment Decisions
Hines has built a robust governance structure that supports our growing investment business. Our structure is built for scale and speed, and it helps us better leverage our competitive advantages as a firm.
Data Integrity at Hines
Data is particularly important to our ESG efforts. It gives us a portfolio-wide view of how our buildings are performing from a sustainability perspective and helps us manage risk and plan for greater resilience. Our goal is to make consistent data available to our investment, development, and operations teams, so they can derive actionable insights, make informed decisions, and course correct when necessary.
The firm’s data strategy has four distinct pillars
External data helps us identify trends and opportunities.
Internal financial data helps us monitor portfolio performance and expenditures.
Internal operational data provides a snapshot of operations and expenses at a building-by-building level.
Client experience and service data includes information like space utilization, tenant engagement, and parking analytics.