Group-wide projects are governed by the Group Charity Committee, which considers requests for support in line with our Third Sector Investment Policy which has the following criteria:
- We aim to contribute our Company knowledge, skills, expertise, resources and influence, as well as any financial contribution.
- We look to invest in direct trends linked to our core businesses:
- Financial inclusion, ie encouraging a savings culture
- Client health – tackling issues which clients claim for, now or in the future
- Home security and flood prevention
- Responsible property landlording
- Financial crime prevention
- Good governance
- Accessibility and Disability.
We want our customers to be aware of what we support and aim to select partnerships that will have resonance with them. We aim to make a 30-40% difference to the bottom line of the organisation. To achieve this we either work with smaller charities where our contribution makes a significant difference, or where funds are ring fenced for a specific project.
Throughout this CSR Report you will see examples of where we are working with Third Sector Partners to develop ventures that build our understanding of future markets and social trends we need as a business.
Amount Invested into the Third Sector by Legal & General Group 2008
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