04 December 2018
Announced last Friday we were delighted for our client Lloyds Banking Group who won the Building Public Trust Award for Workforce Fairness Reporting in the FTSE350.
Comments from the independent judging panel include: Lloyds’ reporting shows clearly that the workforce is a critical part of its responsible business strategy, and puts colleague inclusion, wellbeing, learning and human rights at the forefront. They recognise and report on the positive impact that creating a responsible, inclusive and diverse culture has on the customer experience. It was one of the few companies to disclose ethnicity and gender reporting by grade, as well as disability ratios and the year-on-year change in them.
As one judge commented: “The reporting on diversity and training is remarkable and impressive.” The report also highlights the company’s commitment to help local communities become more cohesive by providing vital support for disadvantaged individuals in Britain today. This was showcased for example by its support of the charity Mental Health UK, with record breaking fundraising and helping to develop and deliver mental health awareness training for employees and the wider community.
As another judge added: “The common theme throughout the reporting of ‘helping Britain prosper’ feels very genuine.”
Marks and Spencer Group and Pearson were also both ‘highly commended’ for ‘Corporate Governance Reporting in the FTSE 350’.