Financial Legislated – Statement under Section 172(1)
The enduring impacts of decisions and upholding rigorous standards of business ethics Behaving with integrity has been a fundamental value since Ace Hire Recruits’ inception over seven decades ago. It remains integral to our operations and corporate ethos, fostering a continuous emphasis on fostering enduring relationships with stakeholders and safeguarding our reputation. Our dedication to ethical business practices is a key reason why clients and candidates consistently choose Ace Hire Recruits, and why we attract top talent within our industry. People seek to engage with and work for a company they can trust and feel proud of. Therefore, comprehending the needs of our clients, candidates, and employees always informs our decision-making processes. At the heart of our mission lies a commitment to prioritize “Ethics First” in all aspects of our operations. This unwavering dedication to “Ethics First” serves as the guiding principle for our interactions with employees, candidates, clients, shareholders, and suppliers alike. Honesty, integrity, and professionalism form the bedrock of our business, with our board of directors, senior management team, and committees tasked with ensuring these values are upheld in their leadership endeavors.
Recognition and interaction with various stakeholder groups
Ace Hire showcases a continuous dedication to corporate and social responsibility through our adherence to compliance policies. We acknowledge that meaningful engagement with our key stakeholders is essential for the sustained success of the company.
Our Workforce
Our employees represent our most valuable asset. We strive to cultivate an exceptional work environment that fosters growth and prosperity for all. Committed to upholding human rights, we ensure equal opportunities and advancement for all employees and stakeholders across our entire value chain. The initial months of 2021 presented challenges for some employees balancing home schooling responsibilities, prompting us to provide seminars and flexible working options. Throughout the year, remote work remained prevalent, with managers receiving training to effectively oversee remote teams. Encouraging feedback and suggestions for improvement, we conduct quarterly Employee Voice surveys. Quarterly calls led by US and UK leaders keep employees informed about various financial and economic factors influencing company performance. Introducing a monthly “News You Need” communication, we ensure all staff stay informed about upcoming projects and training relevant to all departments. Ace Hire Recruits Ltd, remains steadfast in fostering a culture where every employee can connect, develop, and excel. Throughout the year, we continued rolling out programs to cultivate an inclusive environment. The UK Global Women Employee Network, established in 2020, has expanded, hosting regular updates through book clubs and seminars with guest speakers. The Diversity, Equity, and Inclusion Council organized its inaugural event in 2021 and now provides quarterly updates through speakers, blogs, and newsletters. Employee network groups like LGBTQIA, BELONG, and ProPride host panel events to enhance knowledge and awareness. Our commitment to employee well-being continued with additional mental health awareness sessions for managers. At Ace Hire Recruits Ltd, we strive to create an environment where individuals can bring their authentic selves to work each day
Our Network of Suppliers
Due to the nature of our industry, our supply chain network is not extensive. Our supply chains encompass various categories, including office supplies such as stationery, IT hardware and software, cleaning and catering services, advertising and print services, office fit-out and maintenance services, and professional services. To mitigate the risk of slavery and human trafficking in our supply chains, we employ several measures, including requiring all suppliers to comply with the Modern Slavery Act. Furthermore, we adhere to the Reporting on Payment Practices and Performance Regulations 2017 by disclosing our payment practices. On average, it takes our company 18.6 days to pay suppliers across our supply chain, with 93.8% of all invoices settled within 30 days.
Our Communities
Our Environment
We are committed to decreasing our environmental impact and in 2021 we continue to take steps to better quantify, reduce and report our environmental footprint. Ace Hire Recruits Ltd has a global environment committee whose mission is to conduct business in a way that protects the environment, conserves resources and endures sustainable development.