A clear vision for responsible governance
Responsible corporate governance is a core principle at HealthEquity. Under the stewardship of our Senior Leadership Team and Board of Directors, we prioritize ethical decision-making, well-structured policies, comprehensive training, and meaningful support for every team member.
HealthEquity Board of Directors
The Board of Directors at HealthEquity oversees management and corporate governance with a commitment to serving the best interests of the stockholders while fostering long-term value.
Our Corporate Governance Guidelines are designed to assist the Board in executing its responsibilities, providing oversight, and meeting fiduciary obligations. Reviewed and approved annually, these guidelines ensure best practices in corporate oversight.
Strategic direction through dedicated committees
Through our four standing committees, the Board ensures effective governance by providing necessary, thoughtful oversight. These committees also provide direction on corporate sustainability topics that are core to our long-term success.
Audit and Risk Committee
Tasked with ensuring strong enterprise risk management practices, this committee works closely with the full Board of Directors. They review the company’s risk-management program annually and set the plan for the year ahead. Regular quarterly updates provide insights into the program’s progress and evolving risks.
Cybersecurity and Technology Committee
The Cybersecurity and Technology Committee provides oversight for management’s approach to the company’s technology, cybersecurity measures, and the risks tied to these critical areas.
Nominating, Governance, and Corporate Sustainability Committee
This committee oversees the Board’s responsibilities for managing risks associated with board structure, membership, governance policies, and corporate sustainability. The committee works to ensure alignment between governance practices and sustainability goals.
Talent, Compensation, and Culture Committee
This committee evaluates risks tied to the incentives within our compensation policies and practices. It also plays a crucial role in nurturing a strong organizational culture and managing talent strategies that attract and retain employees who both embody our vision and contribute unique, essential perspectives.
Our Board of Directors reviews each committee charter annually. For more information on the HealthEquity Board of Directors and the committees of the Board, see our annual Proxy Statement to shareholders and Committee Charters here.
Ensuring policy compliance at every level
At HealthEquity every team member — regardless of their role or location — is required to review and acknowledge these specific policies during onboarding and again each year as part of our Compliance Training Program:
Code of Business Conduct and Ethics
Designed to promote honest and ethical behavior, lawful conduct, accurate and transparent disclosures, legal compliance, fair dealing, and protection of company assets. It applies to all team members, Executive Officers, and the Board of Directors.
Anti-Corruption Policy
This policy is designed to ensure compliance with anti-corruption laws, prevent improper transactions, and detect violations of law, regulations, and the policy. The policy provides clear guidelines for corrective actions to address instances of noncompliance.
Whistle Blowing Policy
This policy is designed to provide a confidential and anonymous process for reporting, investigating, and addressing concerns related to accounting and auditing matters, legal or regulatory violations, fraud, health, or safety violations, and other misconduct through the Ethics Hotline. The policy also safeguards team members who report concerns in good faith.
Purple Handbook and state supplements to the Purple Handbook
Serving as comprehensive resources for HealthEquity team members, the Purple Handbook and its state supplements outline policies related to employment, company culture, and workplace expectations. This includes, but is not limited to, policies on equal employment opportunity; our commitment to a workplace free of unlawful discrimination, harassment, and retaliation; accommodations; timekeeping; company benefits; leaves of absence; performance and conduct standards; team member workplace expectations; social media; workplace safety; and technology use.
In addition to the policies mentioned above, all team members are required to review and acknowledge in writing the following additional key compliance policies and standards, both at the time of hire and annually:
- Anti-Money Laundering Policy
- Insider Trading Policy
- Regulation Fair Disclosure (FD) Policy
- Privacy Policy
- Acceptable Use Policy
- Responsible Artificial Intelligence (AI) Policy
- Security Standard – Mobile and Unmanaged Endpoints
- Security Standard – Password Management
Maintaining a workplace free of unlawful discrimination, harassment & retaliation
Creating an exceptional culture means fostering a workplace free from discrimination, harassment, and retaliation. To support this commitment, the company maintains equal employment opportunity, anti-discrimination, anti-harassment, and anti-relation policies, which are outlined in the Purple Handbook and applicable state supplements. This policy reinforces our commitment to a safe and respectful work environment.
All team members must complete harassment prevention training and acknowledge their understanding of these policies during onboarding and on an annual basis.
Equal Employment Opportunity (EEO) Policy
This policy embodies a dedication to creating a workplace rooted in fairness and respect. It prohibits discrimination, harassment, and retaliation on the basis of characteristics protected under federal, state, and local laws, such as: race, religion, color, sex, sexual orientation, gender identity, gender expression, national origin, ethnicity, citizenship status, uniform service member status, age (40 and older), genetic information, and disability.
Disability and Pregnancy-Related Accommodations Policy
This policy ensures support for team members with disabilities, on-the-job injuries, or known limitations due to pregnancy, childbirth, or related medical conditions — including breastfeeding, fertility and infertility treatments, and pregnancy termination. The company will work with team members to explore reasonable accommodations that help team members continue performing the essential functions of their jobs.
Policy Against Unlawful Retaliation
This policy makes it clear that team members who participate in any protected activity, including reporting, opposing, or participating in the investigation of harassment, or discrimination, or other workplace concerns, are shielded from any form of retaliation.
Our policies promote an environment where team members are encouraged to speak up and report harassment, discrimination, and retaliation. Violations of these policies are taken seriously and can result in disciplinary action, up to and including termination.
We track, review, and investigate complaints as appropriate, ensuring that each matter is handled thoroughly, fairly, and in accordance with company policies. When policy violations occur, we take appropriate action to protect team members, ensure workplace safety, and prevent repeat offenses.
Visit our Corporate Governance page for more information on all of the policies we follow at HealthEquity.