Barclays has renewed its CommunityMark status.
UK charity Business in the Community awards the standard to companies that are leaders and innovators in community investment.
Barclays and mining company Anglo American are the only businesses to have received the CommunityMark for their global community investment programmes, with more than 40 other organisations awarded the standard for their UK initiatives.
Business in the Community was impressed by Barclays commitment to making a sustainable difference to its communities.
It also recognised the bank for:
- Identifying social issues that are most relevant to its business and communities
- Working in partnership with communities and using combined expertise for mutual benefit
- Planning and managing its community investment programme using the appropriate resources to deliver against targets
- Inspiring and engaging employees, customers and suppliers to support its community investment programme
- Measuring and evaluating the difference its investment has made on business and in the community.
Stephen Howard, Chief Executive of Business in the Community, said of businesses that have received the CommunityMark status: “During a considerably tough year these organisations have proved that continuing to listen, engage and respond to the needs of their communities reinforces the fact that excellence in community investment not only has a positive and valuable impact on society, but translates to real business benefits.
“Many have made a long-term commitment to the areas they operate in. They work collaboratively and fostered strong reciprocal partnerships to help improve the knowledge and skills in their local communities to ensure that there are people to support the local economy and business.”
CommunityMark was launched in 2008 and is endorsed by HRH The Prince of Wales. In four years, around 40 organisations from a range of sectors have achieved the standard in recognition of their leadership in community investment.
Investing in the communities where it operates is an integral part of Barclays Citizenship strategy. The bank supports disadvantaged people in building the confidence and skills needed to achieve financial independence and security by offering them opportunities to acquire money management, entrepreneurial and other personal skills.