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Our founding purpose as a mutual Society run for the good of its members is a legacy that goes back to our creation in 1875, this is a role we seek to continue by meeting the needs of our present members without compromising on the ability of future generations to meet their needs, too.
This duty of care starts with being a responsible business, making choices and changes to take positive action for our people, the environment and the communities we serve.
We’re partnering with JUST ONE Tree (JOT) as part of their £1 for 1 tree campaign, initially contributing £1 for each employee and then making an annual contribution equal to the number of new members attracted in the previous calendar year.
JOT are a Community Interest Company (CIC) that use funding to support reforestation organisations around the world, focusing in areas that have been severely affected by mass deforestation. Being a CIC stipulates that any profits generated must be used to create social good – in this case planting more trees, helping provide sustainable incomes for thousands of people and supporting great reforestation projects. With us being a Mutual, we feel that this is an excellent fit for us and our members.
We’re making moves both operationally and strategically to reduce our carbon footprint, improve our energy efficiency and to educate ourselves about emissions and waste, because small changes can make a big difference.
Here are some current plans and recent changes we’ve implemented:
As well as caring for the environment, we have a responsibility to encourage the economic health and social cohesion of our community, because stability in the world allows people to thrive.
We love investing in charitable ventures and work hard to make a difference by donating money, fundraising and volunteering. We set a company target of between 500 and 1000 hours of voluntary work per year which allows us to get involved in a great range of projects.
We have partnered with Melton and District Money Advice Centre that pays for a fully qualified education officer to visit schools and teach young people the skills they need to manage their finances now and in the future.
We are partnered with Leicestershire and Rutland Wildlife Trust; a leading conservation charity working to protect and enhance our wildlife and green spaces – engaging people with nature.
As we strive to improve our sustainability across all areas and to hold ourselves accountable for our progress, Melton Building Society has signed up to the United Nation’s Sustainable Development Goals, a blueprint that sets clear targets to achieve a better and more sustainable future for all. Ending poverty, protecting the planet and ensuring that by 2030 all people enjoy peace and prosperity.
We are really pleased with the progress that we made in 2022 to support our five goals. We have focused on supporting both our people and our communities with actions being completed across the year, including becoming a Living Wage employer and colleagues volunteering 800 hours in the community across a wide range of projects. We are also proud of the financial education workshops we have supported where over 3,000 young people have attended a session.
The following actions are proposed for each of our five goals for 2023:
To monitor our progress and for means of accountability we have aligned with Support the Goals, a Social Enterprise who provide a simple rating system that measures how we are progressing against our targets under each goal and independently assess our performance by awarding us a star rating. Only a small number of businesses out of 3,000 signed up have achieved 5 starts – a club we aim to join!