New York—June 15, 2021—Houlihan Lokey (NYSE:HLI), the global investment bank, today released its inaugural Sustainability Report. The report highlights the firm’s ongoing commitment to social and corporate responsibility and details the firm’s continuing efforts to address its environmental, social, and governance (ESG) responsibilities.
“At Houlihan Lokey, we believe that our ESG-related initiatives, though varied, all share a single guiding principle: Do the right thing, every time. Our commitment to diversity, inclusion, ethical behavior, community involvement, charitable giving, environmental stewardship, and good governance have been the foundation of our success and the success of our clients throughout the firm’s history,” said Scott Beiser, CEO of Houlihan Lokey.
Under the leadership of its board of directors, Houlihan Lokey’s Office of the Executives worked with employees and outside experts to compile the report, drawing together a wide variety of information on the firm’s ESG efforts. The working group identified the below issues as critical to Houlihan Lokey’s businesses and stakeholders:
- Promotion of diversity, equity, and inclusion in our workplace
- Using our deep industry knowledge to advance the goals of our clients with consideration for ESG issues and social impact
- Giving back to the communities in which we live and work
- Serving as mindful, caring stewards of our environment
Houlihan Lokey remains highly committed to making continued progress on these issues and will continue to report on its ESG efforts. To view the report in full, please visit Houlihan Lokey’s Investor Relations website.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors (including the significant effect that the COVID-19 pandemic has had on our business and is expected to continue to have on our business), which are, in some cases, beyond Houlihan Lokey’s control and could materially affect actual results, performance, or achievements. For a further description of such factors, you should read Houlihan Lokey’s filings with the Securities and Exchange Commission. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur, and actual results could differ materially from those projected in the forward-looking statements. Houlihan Lokey does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.