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Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

‘Society Matter’ Covers Yorkshire Building Society Group Work In Its ‘Priority Areas’


Creating positive impact in the society has been a continued commitment and journey for the Yorkshire Building Society Group.

Dailycsr.com – 27 March 2018 – The Yorkshire Building Society Group has come up with its most recent “Society Matters report”, whereby demonstrating its recent “achievements” as well as “vision” towards its commitment of creating a “lasting, positive impact on society in the UK”, whereby maintaining its focus on “key priority areas”, namely “Customers, People, Community and the Environment”.
In the words of the C.E.O of Yorkshire Building Society Group, Mike Regnier:
“Our report this year highlights the progress we have made as an organisation and demonstrates our continued commitment to doing the right thing for our members, colleagues, local communities and the environment.
“Yorkshire Building Society was founded more than 150 years ago with a clear purpose:  to help people save for what matters to them, and enable them to buy a home of their own.
“This strong ethos continues to run through the heart of our organisation today. As a mutual, we are owned by our customers, who are members of our Society. We exist for their benefit and to provide them with real help with their real lives.
“Our Society Matters strategy helps us to deliver this purpose and, in turn, to create a lasting positive impact on society.”
Here are some of the highlights from the report in its “priority areas”, as mentioned by Ethical Performance:
  • 0.28% better average savings rate than the rest of the market average in 2017, benefiting 2.7m customers who chose to save with us
  • Helped homeowners by providing 36,064 mortgages (2016: 27,229), including 7,011 (2016: 6,398) to first-time buyers
  • 39,304 customers benefited from adapted support based on their vulnerable circumstances
  • £1.5 million contributed to local communities through fundraising, direct donations and volunteering hours
  • Helped 54 homeless young people into a home of their own through our charity partnership with End Youth Homelessness
  • Provided 7,267 pupils with financial literacy support through our Money Minds programme
  • Awarded 28th place in the UK’s Best Large Workplaces ranking, based on colleague feedback and an assessment of our colleague programmes
  • 1,000 colleagues attended diversity and inclusion workshops
  • Welcomed 24 apprentices onto our award-winning apprenticeship scheme, which offers young people a permanent role on the same terms and conditions as other colleagues as well as the chance to complete relevant professional qualifications
  • 19% carbon footprint reduction compared to 2016 (25% compared to our baseline year of 2012)
  • CarbonNeutral® status maintained in 2017