“Halma has a clear purpose, and integral to delivering it is being a socially responsible company which demonstrates strong ethical behaviour within a framework of transparent and robust governance. This club campaigns and advocates for at least 30% of board seats to be held by women.
The Group CEO, Andrew Williams, has been an active member of the 30% club since 2017. Halma has continued to drive home the importance of workplace diversity and inclusion and has achieved 40% gender balance on its plc Board, 58% gender balance on its Executive Board and 50% gender balance among its Divisional Chief Executives. So far in 2020, Halma has made progress in a number of different sustainability points which were part of their objectives, and remains a constituent of the FTSE4Good, the ethical equivalent of the FTSE All-Share. Halma targets UV water sterilisation as the primary method due to the non-biological nature of the process, thus preventing the need to use dangerous chemicals. The main environmental focuses for Halma's companies include water leakage detection and wireless monitoring, gas emissions monitoring and detecting gas leaks within pipelines. Halma's industry leading companies address global issues which are key to human wellbeing. Halma has been listed on the London Stock Exchange for the last 45 years and solidified its spot in the FTSE 100 in December 2017. Halma owns and operates around 50 companies whose core products include fire/smoke detectors, safety systems for controlling hazardous industrial processes, gas detection instruments for personnel and plant safety and UV equipment for water treatment to name just a few. Halma's acquisition strategy targets companies who operate in niche sectors of highly regulated industries such as health, safety, and the environment.
HALMA PLC ANNUAL REPORT SERIES
Early in the 1970s, the company acquired a series of different companies in a combination of mechanical and engineering sectors. Once the rubber production in Sri-Lanka was nationalised by the government, the company moved into the investment industry, brokering deals with their Tea and Rubber connections. They switched to Rubber production in 1937 and became The Nahalma Rubber Estate Company Limited. With a long line of history and transformations, Halma PLC was established as a Tea Company in the 1890s. Our Ethical Investment Plans include Halma, which is held in the Royal London Sustainable Leaders Fund, Stewart Investors Worldwide Fund and the Pictet Global Environment Opportunities Fund. Nearly 32% of Halma’s annual revenue is derived from the production and sale of smoke detectors and other infrastructural sensors designed to save lives. You are 4 times more likely to survive with a working smoke alarm. There are around 37,000 house fires every year in the UK, resulting in approximately 200 fire related deaths. In the US, 38% of home fire deaths result from fires in which no smoke alarms are present. When you think about lifesaving technology, the first thing that usually comes to mind may be the machines doctors and nurses use, but lifesaving technology is something Halma take pride in.
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