This Statement expresses our intent to be more responsible and has been written for two reasons. Firstly, to help us guide our culture so that all of our employees think carefully about the decisions we take, how we can hold ourselves to account and how we can change our behavior. Secondly, to help our donors and our clients understand our commitments to business ethics and that our values are aligned to theirs.
There are many factors that influence and drive our decisions, and these can often be economic or compliance, such as keeping costs at a low level or meeting relevant legal and regulatory requirements, and we have identified that there is more we could do. It is therefore our ambition to ensure that we go over and above those fiscal and compliance areas and challenge our thinking and the decisions that we make, by tipping the balance in favour of social, cultural and environmental factors and bringing those to the forefront.
We are known, and wish to continue to be known, for our commitment to being an ethical and responsible organisation: from the way we operate and treat our employees and partners, to how we work in and support communities, to our impact on the environment both physically and socially, to our fiscal performance, and for our innovative, high-quality products and services.
We have a range of policies and procedures (presented in Appendix A) that support our culture of trust, transparency and openness, and we continually review these practices to ensure that they remain in line with our ethical standards and business integrity. We aim to be an employer of choice and aspire to recruit talented people who share our vision and values.
Our values remain at the forefront of our thinking – they shape not only the type of organisation we are, but also how we behave towards one another, our partners, stakeholders and beneficiaries. We acknowledge what matters to our funders and listen to and involve our employees in the implementation and measurement of our Responsible Employer goals for greater commitment and for financial and sustainable performance.
We will review this Statement and any related activities annually. This Statement was approved by the board in October 2019.
Social responsibility exerts positive impact on fiscal performance because the benefits of meeting our social and environment goals have economic value in terms of increased commitment, respect and trust from our funders and clients, improved productivity and loyalty from our staff, and ensures that we are able to deliver on and enhance our mission.