Responsible Business Strategy
Becoming A More
Responsible Business
Having followed Business in the Community's (BITC) recommended process to create our Responsible Business Strategy, the following topics have been identified, in order of priority, as Fidelius’ areas of focus in relation to becoming a more Responsible Business.
Health & Wellbeing
Ensuring that all employees have a robust support structure to facilitate a healthy work environment. This includes, but is not limited to, manageable workloads, fair compensation, and safe work environment
Employment & Skills
Offering clear career paths for progression within Financial Services both to current and potential employees and using business resources to develop various skills in the wider community.
Diversity & Inclusion
Actively recruiting for a diverse workforce with regards to socio-economic backgrounds and protected characteristics, and provably ensuring diverse views, opinions, and beliefs are valued and treated fairly.
Environment
Operating in an environmentally friendly manner and having a clear environmental policy to reach targets set by the United Nations in their Sustainable Development Goals (UN SDGs).
Sustainable Investment
Investing with the intention to generate a measurable beneficial social or environmental impact alongside financial return.
Community Support & Volunteering
Using business resources to support charitable and community projects through volunteering, fundraising, and/or donations.
Impact Statement
Indicates the goal of the business to achieve within a specified time frame
Health & Wellbeing
We will provide our people with robust support, training, workspaces, and a cultural structure that can facilitate a healthy and productive work environment and will actively engage with our people to improve working conditions.
Board Owner: Operations and Change Director
Employment & Skills
We will develop clear career paths and easily accessible development resources for progression within Fidelius to our people and consider how our business resources could be used to develop employable skills in the wider community.
Board Owner: Operations and Change Director
Diversity & Inclusion
We will develop our understanding and create an action plan towards building a more diverse workforce with regards to; socio-economic backgrounds and protected characteristics, and create an environment where diverse views, opinions, experiences, and beliefs are valued and treated fairly.
Board Owner: Operations and Change Director
Environment
We will develop our understanding of our environmental impact and create a clear environmental policy to reach targets set internally, by industry regulators, and the United Nations in their Sustainable Development Goals.
Board Owner: Head of Finance
Sustainable Investment
We will continuously assess and improve the sustainability of the services and products we offer. We will undertake a robust review of our vetting process of products that we offer to clients, turning to expert advice where necessary, and adhere to emerging ESG regulation.
Board Owner: Head of Commercial
Community Support & Volunteering
We will continuously develop our community support and volunteer programme to focus mainly on skills-based volunteering, utilising the knowledge and skills of our people and business. We will support initiatives that are aligned with the priorities outlined in our Responsible Business Plan and make sustainable commitments to these initiatives.
Board Owner: Chief Operations Officer
The first phase of implementing this strategy will run for 18 months, from September 2023 – February 2025. Reporting will take place every 6months, reviewed by a steering group headed by the strategy developers. Updates will be posted on our website and LinkedIn.
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