Provident has recently published its 2012 corporate responsibility (CR) report. This is Provident’s twelfth such report and sets out the progress made by the company’s CR programme in terms of managing the social, environmental and economic issues that are relevant to its business activities and key stakeholders.
The 2012 report shows how Provident continued to achieve recognition for the CR information that it disclosed to stakeholders. This included attaining a maximum rating score of 100 for the second consecutive year in the FTSE4Good Index; retaining our platinum rating in the 2013 Business in the Community CR Index for the fourth year running, with a score of 95%; and receiving the ‘Tax Reporting in the FTSE 250’ award at PwC’s Building Public Trust Awards. This award recognised the transparency of Provident’s approach to disclosing information on its tax strategy, tax performance and the wider impact of tax.
The report also highlights the work that has been delivered through Provident’s community involvement activities, the majority of which is delivered through its Good Neighbour programme. This successful programme has, to date, supported 112 community initiatives across the UK and Ireland that have delivered socio-economic benefits to over 81,100 people.
Peter Crook, Chief Executive of Provident Financial, commented:
“We believe our continued success cannot be separated from the responsibilities we have to our customers, employees and other stakeholders. By publishing an annual account of our CR performance, we can continue to provide demonstrable evidence to our stakeholders that Provident is committed to running its business activities in a responsible and sustainable way.”