Vanquis is committed to improving the lives of children and young people in the communities where our customers live and work by providing them with access to education, social and financial inclusion, and economic development opportunities.
Our vision for the foundation is to help build a future where every child and young person in the UK is supported to achieve their full potential, contributing to a brighter future.
Our mission is to improve the lives of children and young people by providing educational and social development opportunities which support financial and social inclusion.
We deliver on this commitment through the Vanquis Banking Group Foundation which we launched in 2023. The vision for the Foundation is to build a future where every child and young person in the UK is supported to achieve their full potential, contributing to a brighter future.
This mission is aligned with the six UN Sustainable Development Goals that we prioritised to support which relate to: No Poverty, Quality Education, Gender Equality, Decent Work and Economic Growth and Reduced Inequalities.
Through our Foundation, we seek to address the root causes of financial and social exclusion by focusing on three key strategic pillars:
• Education - We back programmes that boost literacy and numeracy rates and offer insights into the world of work and the skills needed to secure opportunities.
• Community - We support social and financial inclusion in the communities where our head office is based.
• Financial Inclusion Advice - We fund a range of money advice, debt management and financial education organisations which support our customers and other consumers to make the most of their financial options.
Vanquis Banking Group’s focus is to deliver responsible financial products and services that meet the needs of our customers.
We also work collaboratively with money advice and other voluntary sector partners to help address the barriers to financial inclusion that exist in our communities, as well as to improve the experience for our own customers.
Social mobility refers to the link between our starting point in life and where we end up.
When our starting point strongly determines where we end up, mobility is low so for example, if your parents held professional jobs then it’s highly likely that you will go into a professional job, whereas if your parents had lower paying jobs then you are likely to also go into a lower paid job.
But if people from all starting points and backgrounds have a good chance of achieving any outcome, then mobility is high.
We know that colleagues want to work for a business that supports them to make a positive and meaningful impact in their communities. That's why we provide support and tools for colleagues to engage in a variety of ways.
Our Volunteering and Matched Funding Policy helps all colleagues across the Banking Group to take part in volunteering opportunities. Colleagues can take a full day’s paid leave to volunteer for a community organisation or charity of their choosing, and additionally, we offer a number of Company-led opportunities to colleagues through our Social Impact Programme. There's no limit on how much Company-led volunteering colleagues can take part in.
Vanquis Banking Group’s focus is to deliver responsible financial products and services that meet the needs of our customers.
We also work collaboratively with money advice and other voluntary sector partners to help address the barriers to financial inclusion that exist in our communities, as well as to improve the experience for our own customers.
We know that colleagues want to work for a business that supports them to make a positive and meaningful impact in their communities. That's why we provide support and tools for colleagues to engage in a variety of ways.
Our Volunteering and Matched Funding Policy helps all colleagues across the Banking Group to take part in volunteering opportunities. Colleagues can take a full day’s paid leave to volunteer for a community organisation or charity of their choosing, and additionally, we offer a number of Company-led opportunities to colleagues through our Social Impact Programme. There's no limit on how much Company-led volunteering colleagues can take part in.
Our Foundation currently works with the following organisations, among many others:
- National Numeracy
- School Home Support
- Outward Bound Trust
- Ahead Partnership
- National Literacy Trust
- Leading Children
- Chapter One
- Give Bradford
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