Houlihan Lokey Publishes Third Annual Sustainability Report

Rhea-AI Summary

Houlihan Lokey, Inc. has released its third annual Sustainability Report, highlighting its commitment to environmental, social, and governance (ESG) responsibilities. The report covers various initiatives including talent development, diversity, equity and inclusion, community involvement, environmental stewardship, and good corporate governance. Notable highlights include the formation of a new community group for veterans, emphasis on mental health awareness, addition of employee diversity statistics, and the creation of the Sustainability Advisory Services platform.

Positive

• Houlihan Lokey demonstrates its commitment to ESG responsibilities through its annual Sustainability Report.
• The report highlights initiatives in talent development, diversity, equity and inclusion, community involvement, environmental stewardship, and good corporate governance.
• Noteworthy highlights include the formation of a new community group for veterans and emphasis on mental health awareness.
• Employee diversity statistics for the global and U.S.-based workforce have been included in the report.
• The creation of the Sustainability Advisory Services platform showcases the company's focus on ESG and impact-oriented solutions.

Negative

• None.

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today the release of its third annual Sustainability Report. The report presents the firm’s policies, programs, and initiatives that advance its commitment to environmental, social, and governance (ESG) responsibilities.

“At Houlihan Lokey, our ESG efforts reflect our core values and continued success,” said Scott Beiser, CEO of Houlihan Lokey. “By remaining committed to talent development, diversity, equity and inclusion, community involvement, environmental stewardship, and good corporate governance, we are able to provide the quality of services our firm and clients have come to expect of us throughout our 50-year history.”

The 2023 Sustainability Report was developed through the contributions of various internal subject matter experts under the guidance and supervision of the board and executives. It addresses a range of ESG priorities and the programs and initiatives Houlihan Lokey develops and maintains to support them. Highlights of the report include:

• Formation of a new Houlihan Lokey community group for veterans.
• Emphasis on mental health awareness and employee well-being through a partnership with the National Alliance on Mental Illness (NAMI).
• Addition of employee diversity statistics for its global and U.S.-based workforce.
• Creation of the Sustainability Advisory Services platform to drive ESG and impact-oriented solutions.

Houlihan Lokey remains focused on furthering its progress in these areas and will continue to report on its ESG efforts.

To view the report in full, please visit the Houlihan Lokey Social Commitment page.

About Houlihan Lokey

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The firm serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 investment bank for global M&A transactions under $1 billion, the No. 1 M&A advisor for the past eight consecutive years in the U.S., the No. 1 global restructuring advisor for the past nine consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by Refinitiv.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230731579940/en/

Investor Relations

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PR@HL.com

Source: Houlihan Lokey, Inc.

FAQ

What is the purpose of Houlihan Lokey's Sustainability Report?

Houlihan Lokey's Sustainability Report highlights the firm's commitment to environmental, social, and governance (ESG) responsibilities.

What are some key initiatives covered in the report?

The report covers initiatives in talent development, diversity, equity and inclusion, community involvement, environmental stewardship, and good corporate governance.

What are some notable highlights mentioned in the report?

Notable highlights include the formation of a new community group for veterans, emphasis on mental health awareness, addition of employee diversity statistics, and the creation of the Sustainability Advisory Services platform.

What does the Sustainability Advisory Services platform aim to achieve?

The Sustainability Advisory Services platform aims to drive ESG and impact-oriented solutions.

Where can the full report be accessed?

The full report can be accessed on the Houlihan Lokey Social Commitment website.