Our leading position in the area is a direct result of the rigorous guidelines and procedures across our operation and the value we attach to good governance. Having a robust framework for governance has helped us manage risk and achieve efficient growth and financial stability even as we continue our expansion into new geographies and launch a new roster of products and services. Auditing forms an integral part of corporate governance at EFG Hermes. Both internal and external auditors play a key role in providing an independent assessment of our operations and internal controls. Our Auditing, Compliance, Risk and Human Resource (HR) Departments consistently monitor our operations to ensure adherence to the regulatory requirements of the markets where we operate and the integration and of new policies and benchmarks.
Our commitment to the United Nations PRI and our submission of the first report has also necessitated an expansion of the kind of data we monitor to integrate ESG factors and maintain the same level of transparency and accountability that we pride ourselves on throughout our operation. New statements that we have enacted, such as those on Climate Change and Modern Slavery and Human Trafficking, have also been accompanied by a review of our current procedures to ensure that our practices mirror our commitments at all levels.