Hennessy Advisors, Inc..
HNNA.US | Fund management activities
Hennessy Advisors, Inc. is an investment management firm specializing in growth, value, and dividend income equity strategies. The firm manages and markets a variety of open-end mutual funds, known as the Hennessy Funds. It caters to individual investors, institutions, and financial advisors. The co...Show More
Better Health for All
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No information relevant to HNNA.US or the 'Better Health for All' ethical value was found in the provided article.
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Therefore, no KPIs could be scored.
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Fair Money & Economic Opportunity
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No evidence available to assess Hennessy Advisors, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The company's Form 10-K Annual Report for the fiscal year ended September 30, 2024, and a news article detailing executive compensation adjustments effective October 1, 2024, both indicate no reported regulatory actions, violations, fines, or compliance issues related to labor laws or human rights.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Hennessy Advisors, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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The company has procedures in place to receive and address complaints regarding accounting, internal accounting controls, and auditing matters, including confidential, anonymous submissions by employees.
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The audit committee members must meet the independence requirements of Nasdaq and the SEC.
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The proxy statement for the February 2025 Annual Meeting of Shareholders identifies independent directors and provides board diversity data.
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The company has not had any financial restatements in the past five years. The audit committee has the authority to retain independent legal, accounting, or other advisors, and independent auditor reports are required.
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Kind to Animals
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No evidence available to assess Hennessy Advisors, Inc. on Kind to Animals.
No War, No Weapons
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Hennessy Advisors, Inc. is an investment management firm whose primary business involves providing investment advisory services and managing mutual funds.
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The provided articles contain no specific, concrete evidence of the company's direct involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, or any other activities related to the 'No War, No Weapons' ethical value. Therefore, for all relevant KPIs, the company's core business model indicates that these activities are not applicable.
Planet-Friendly Business
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Hennessy Advisors, Inc. is an investment management firm, a pure services provider. The provided articles, including the 10-K annual report, consistently state that no data is available for any specific environmental, social, or governance (ESG) metrics related to the company's own operations. This includes Scope 1, 2, or 3 emissions, renewable energy use, water usage, waste diversion, green building certifications, capital expenditure alignment with EU taxonomy, product lifecycle impacts, material sourcing, carbon offsets, supply chain climate impacts, biodiversity, deforestation policies, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded asset transparency, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing.
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While the company manages an 'Energy Transition Fund' and an 'ESG ETF', the articles clarify that this information pertains to the investment strategies of these funds, not the operational environmental performance of Hennessy Advisors, Inc. itself.
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Therefore, there is no explicit evidence to score any of the KPIs against the rubric.
Respect for Cultures & Communities
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The provided articles, including a proxy statement, an acquisition announcement, a program description, and a code of ethics, do not contain any specific data points or information regarding Hennessy Advisors, Inc.'s engagement with indigenous or local communities, cultural impact assessments, community investments, or any other metrics related to respect for cultures and communities. One article mentions a "Hennessy Fellows program" but explicitly states it is not relevant to HNNA.US.
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Safe & Smart Tech
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The company has not experienced any material cybersecurity incidents, and any expenses from breaches have been immaterial, indicating no breaches in the past three years.
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It maintains physical, electronic, and procedural safeguards, including antivirus software, intrusion prevention and detection systems, virtual private networks, firewalls, email security, link protection, regular updates and patches, and regular reviews of access to systems and networks.
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An Information Technology committee meets at least quarterly, and the Board of Directors oversees cybersecurity risk management.
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The company uses machine learning/artificial intelligence (ML/AI) in its Hennessy Sustainable ETF and acknowledges risks such as data inaccuracy, flawed algorithms, misuse by employees, and lack of control over third-party AI.
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However, there is no evidence of a formal AI ethics policy or governance mechanisms to address these risks. Hennessy Advisors collects a broad range of personal information, including browsing history, geolocation data, and inferences to create user profiles, and retains it for as long as necessary or permitted by law, without explicit data minimization practices.
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While it complies with CCPA, offering rights like data access and deletion for California residents, the extensive data collection and retention practices are noted.
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The company conducts mandatory online security training for all employees and regular phishing testing.
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It also deploys regular updates and patches for vulnerabilities and performs regular penetration testing.
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The company states it is in compliance with all applicable laws and regulations and has adopted a Code of Ethics.
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Zero Waste & Sustainable Products
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The provided articles do not contain specific, concrete data points for Hennessy Advisors, Inc. (HNNA.US) related to Zero Waste & Sustainable Products. The company description identifies HNNA.US as an investment management firm.
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However, Articles
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detail sustainability initiatives, waste management, and eco-design efforts for a company involved in viticulture, product manufacturing (e.g., bottles, packaging), and physical logistics, which is inconsistent with an investment management firm. Article
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explicitly states that no data is available for HNNA.US regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education. Therefore, all KPIs must be omitted.