Hines has utlized the Global Reporting Initiative (GRI) G4 framework and presents this report as “In accordance” — Core.
- Total number of employees;
- Total number of operations;
- Total capitalization broken down in terms of debt and equity;
- Quantity of products or services provided;
- Gross lettable area for assets under construction and management.
- Changes in the location of, or changes in, operations, including facility openings, closings, and expansions;
- Changes in the share capital structure and other capital formation, maintenance, and alteration operations (for private sector organizations)
- Holds a position on the governance body;
- Participates in projects or committees;
- Provides substantive funding beyond routine membership dues; and
- Views membership as strategic.
- List all entities included in the organization’s consolidated financial statements or equivalent documents.
- Report whether any entity included in the organization’s consolidated financial statements or equivalent documents is not covered by the report.
- Explain the process for defining the report content and the Aspect Boundaries.
- Explain how the organization has implemented the Reporting Principles for Defining Report Content.
CRESS: G4-24 Additional disclosure requirements.
Identify and report those stakeholder groups that are engaged at the organizational level and those that are engaged at a project or asset level.
- Report the “in accordance” option the organization has chosen.
- Report the GRI Content Index for the chosen option.
- Report the reference to the External Assurance Report, if the report has been externally assured.
Hines, as an investment manager, seeks to achieve superior rates of return on its investments, providing complete, timely and accurate financial and operational information. For each fund or investment project, Hines and its clients agree in the documents that govern the relationship to reporting standards and requirements.
As Hines has expanded internationally, local hiring has been paramount to its success.
Indirect Economic Impacts
With a presence in 189 cities around the globe, the Hines portfolio consists of 1,206 properties. Hines approaches property and facility management from an owner’s perspective, recognizing that investment in efficiency and operational excellence are long-term endeavors that deliver long-term returns.
As one of the world’s largest private real estate developers, Hines has had the opportunity to pioneer many sustainable building practices. Today, Hines continues to evaluate and deploy new technologies, using its experience to reduce or eliminate cost premiums of “green” construction, while operating equipment at maximum efficiency to achieve payback on capital expenditures. We encourage vendors, suppliers and tenants to engage in sustainable practices.
Tracking water intensity allows Hines to benchmark performance over time.
Tracking waste allows Hines to benchmark performance over time.
Hines recognizes that as property owners and managers in over one hundred cities worldwide, it can contribute to the carbon reduction goals of municipalities and tenants.
Supplier Environmental Assessment
Environmental Grievance Mechanisms
Hines is an entrepreneurial organization with an excellent record of attracting, motivating and rewarding its employees, resulting in remarkable personnel stability.
Hines reports average tenure and number of new employees per year but not turnover rate, as it is not material to the firm’s business.
The Hines employee is the greatest example of the Hines standard. The firm focuses on nurturing the expertise of employees, so that they can best utilize their strengths to make meaningful contributions both inside and outside the organization.
OneHines aims to raise awareness of the bottom-line benefits of a diverse and inclusive workforce and create change to benefit Hines recruitment, retention, development and growth efforts. The program was developed to sustain an inclusive and diverse culture for a high-performing Hines.
Hines’ responsibility to tenants is to provide an efficient, comfortable and productive workplace for their employees and businesses.
Customer Health and Safety
Freedom of Association and Collective Bargaining
Force or Compulsory Labor
Supplier Human Rights Assessment
Human Rights Grievance Mechanisms