ENVIRONMENTAL, SOCIAL AND GOVERNANCE POLICIES AND PRACTICES ("ESG" / SUSTAINABILITY)
BGC is an organization built on strong values, employee engagement and ownership. We believe in hard work, innovation, superior client service, strong ethics and governance, and equal opportunities. Charity is woven into our corporate culture.
Our Fundamental Values, Employee Ownership and Compensation
BGC is an organization built on strong values, employee engagement and ownership. At our core, we are committed to our employees by providing an opportunity to participate in our success. Our employees are incentivized through our commitment to employee equity ownership throughout our company, across the globe. Unlike many companies, the vast majority of our employees have the opportunity to be granted equity-based awards in our company. As of September 30, 2021, our employees, executive officers and directors owned approximately 21% of our equity, on a fully diluted basis. Because of this diverse and significant employee ownership, our entrepreneurial culture allows us to attract and retain key staff in all of our markets. Our people, then, are at the core of all that we do and set the tone for our businesses. This relationship with our people aligns our employees and management with stockholders and encourages a collaborative and entrepreneurial culture that informs every decision.
We value hard work, innovation, superior client service, strong ethics and governance, and equal opportunities. And philanthropy is woven into our corporate culture. We believe these values foster sustainable, profitable growth. We strive to be exemplary corporate citizens and honor high ethical principles in our interactions with other businesses, our employees and the communities in which we live and work. We take corporate social responsibility and sustainability seriously: we want to contribute to the common good.
We are developing Environmental, Social and Governance (ESG) initiatives to support these values. Please find more detail below on how we put our values into action: through a conscious Environmental approach, responsible Social initiatives and thoughtful Governance structures.