At Schroders, it’s important to us that we create lasting positive impact in our society and improve the futures of those around us.
Our strategic community partnerships with organisations across the globe help us achieve this by enabling greater investment into social capital and maximising the impact we can have on beneficiaries.
These partnerships also help us play our part in realising the UN’s 17 Sustainable Development Goals (SDGs) to improve social mobility; break down the barriers to education and employment; and support mental health and wellbeing.
In 2019 alone, Schroders – and our employees – donated £2.1 million and over 3,400 hours to charitable causes around the world.
In 2019 we celebrated our 10-year partnership with Read Alliance, a US charity that offers one-to-one reading to underprivileged children by employing teens in those same communities to serve as tutors. Over our 10 years of partnership, we have raised more than $500,000 for the charity through employee fundraising events and company donations. We’ve also hosted teen leaders for workshops covering topics such as public speaking, presentation skills and social media. In 2019 alone we worked with over 900 teen leaders and almost 1,000 early elementary students across New York, including the Bronx and Queens.
In 2019 we established a new partnership with Jonk Entrepreneuren (JE), a Luxembourg association that aims to inspire and prepare young people to enter the world of business. JE targets those between the ages of 9 to 30 years old by bringing together representatives of schools and the business world in order to sustainably enhance the entrepreneurial spirit within various school systems in Luxembourg.
Our partnership with Samaritans began in 2019. Our aim is to support the charity in its expansion efforts by helping fund their new “City Hub”, a flexible volunteering delivery centre that will enable them to field more calls and provide more volunteering opportunities.
The East London Business Alliance (ELBA) aims to build the connections between business and local communities. Their goal is to make use of the time, skills and resources of the private sector to address social mobility, regeneration, poverty and inequality in East London and beyond. In our 13 years of partnership we have had almost 380 employees mentoring 600 students. Through this initiative, we have helped raise aspirations and improve the prospects for young people.
Along with our firm-led partnerships, we run employee-led charitable giving schemes. This means supporting our employees in their own charitable efforts through a number of generous matching schemes including external fundraising and payroll giving.
At Schroders, we encourage our people to share their knowledge, time and capabilities with charitable organisations through volunteering. It’s one of the many ways in which we help our employees develop their professional and personal skills as well as contribute to the community. Our employees are entitled to two days worth of paid leave to volunteer during office hours for causes that matter to them.
Improving futures across the globe
In 2019, we launched an internal competition asking our global colleagues to tell us about the charities that they thought were driving progress and improving futures in their communities.
Our employees had the chance to win a sum of money for their charity by showing how the charities were making a real difference around the world. Our judges chose these three winners that relate to the UN’s Sustainable Development Goals (SDGs). We are proud to support these causes, which align to our corporate focus on climate change, social impact and social mobility.
Cool Earth works alongside rainforest communities to halt deforestation and climate change. This charity shares and promotes the most effective conservation methods around the world and invests in those methods with the potential for best outcomes for people and the rainforest.
Beyond Social Services is dedicated to helping children and youths from less privileged backgrounds break away from the poverty cycle in Singapore. The charity provides guidance, care and resources that enable families and communities to keep their young people in school and out of trouble.
SEWA has been making women in India self-sufficient since the 1970s. It is made up of a network of self-employed women on low incomes, whose financial wellbeing is therefore unprotected. The charity transforms women’s lives by empowering them with leadership skills, entrepreneurship and skills training to gain full-time employment.