Governance

HMS is listed on FSE since 2008 and naturally abides by the rules of governance and transparency of the German exchange.

Frankfurt Stock Exchange (FSE) is the largest of Germany’s seven regional stock exchanges. HMS applies environmental, social and governance (ESG) principles on all transactions in a way that resonates with the stakeholders, which includes employees, investors, shareholders, and business partners.

HMS Group is committed to acting ethically and sustainably in all business areas. The corporate culture and entrepreneurial actions are in line with the group’s ethical standards and thus ensure not only long-term but also sustainable growth. Long-term economic success is only possible at international level if laws and regulations, as well as ethical standards, are complied with.

Environment

Taking responsibility for the environment is part of being an agile and sustainable company. HMS has been certified as a CO2-neutral company since 2020. Independent and authorized analysts determined the CO2 emissions of the HMS Group for the past fiscal year. The CO2 compensation is realized through investments in international climate protection projects. Shares are acquired in Gold Standard projects that sustainably reduce greenhouse gas emissions.

The CO2 emissions determined are recalculated annually and compensated accordingly. The emission sources include energy consumption of the offices, the company-owned vehicles, but also business trips and the commuting behavior of all employees of the globally active group.

We clearly see this measure as a competitive advantage in the market, which we pass on to our customers as further added value.

Apart from the investments into emission reducing projects in connection with the CO2 compensation of the company, HMS engages in the development of own sustainable projects. This includes the hydrogen sector as well as Carbon capture, utilization and storage, or CCUS technologies for the energy sector. HMS constantly focuses on combining energy processes efficiently and together with fair structural growth and the creation of sustainable value chains and the resulting jobs.

HMS realizes that energy poverty still effects 100s of millions of people worldwide, and until viable alternatives are available for every nation, responsible supply and further optimization of conventional fuels, supplying over 80% of global primary energy, remains a key service to humanity’s survival and development. Access to affordable and reliable energy are required to eradicate poverty in all nations. In addition, new academic research based on latest IEA and IPCC data confirms that surface mined coal is more “climate friendly” than average natural gas, especially LNG (SSRN Electronic Journal)

Critical raw materials of the European Union

On a European level, HMS Bergbau AG is guided by the critical raw materials lists. These have been published by the European Commission since 2011, every three years. In this context, critical means that raw materials are of crucial importance for the functioning and integrity of numerous industrial ecosystems and that supply risks exist due to international distribution and trade bottlenecks. Secure and sustainable access to resources is of strategic importance and is central to the implementation of the Green Deal.
In addition to raw materials such as lithium and beryllium, metallurgical coal (used primarily for chemical reduction, rather than combustion) has also been regarded as critical since 2011, latest reiterated in 2020 (source: Raw Materials Information System – europa.eu) according to assessments by the European Commission. By establishing production sites within the European Union, sustainable resilient value chains can be secured, which minimize supply risks in the medium to long-term. With this in mind, HMS Bergbau AG is developing metallurgical coal projects in Europe and Africa.