Announced in the Responsible Business supplement of the UK newspaper Financial Times, the awards rank businesses’ impact on the community, the environment, the marketplace and the workplace.
According to BITC: “Big Ticks are awarded to companies whose programmes have demonstrated the positive impact of responsible business.”
The accolade was awarded to Barclays for its project in Katine, Uganda, which aims to improve sanitation, hygiene, health, education and sustainable economic development in a region of Eastern Uganda comprising of 66 villages.
The Katine project is a joint initiative by Barclays, the Guardian Media Group, and AMREF (African Medical and Research Foundation).
Barclays is donating £1.5m to the project and also drawing on its business expertise to promote financial education and the provision of basic savings and loans services to 5,000 people through village banks.
Barclays Big Tick was achieved in the international category and is also being put forward for selection as an Example of Excellence in the group.
In addition to the Big Tick accreditation, Barclays has also retained its platinum status in the BITC Corporate Responsibility Index, which assesses companies on their overall management approach and processes and focuses on the impact of specific programmes such as environmental leadership.