Key Actions
- CEOs and senior management are encouraged to reinforce measures against modern slavery by placing it firmly on the agenda of their board of directors or senior management.
- Leverage sustainable employee fundraising initiatives, volunteering and bank-wide charity funding programmes to promote survivor financial empowerment.
Important guidance for building awareness
- Providing training for all bank staff to understand the scale of modern slavery and easily notice wider patterns of suspicious activity is key to building awareness.
- Engaging employees through volunteering, fundraising and other funding initiatives (e.g., payroll giving) are great ways to support awareness-raising and increase understanding of the issues.
Important guidance for employee volunteering
- Identify the skills employees can offer and ask partnering charities if they have any work available or needs to take advantage of those skills.
- Make sure volunteering is worthwhile to the charity – volunteering can involve traditional activities including a house renovation or a community clean-up. However, some charities have more pressing needs for pro bono support, such as helping with bookkeeping, technology or administrative jobs.
- Understand the scale of the partnering charity to avoid overwhelming the capacity of frontline staff by involving too many employees.
- Get involved in short, one-off interactions with charities when they are needed but also seek to engage in long-term sustainable projects.
“It’d be interesting to have a volunteer program from different banks, with people who are more in the personal financial advisory world being assigned as financial advisors to survivors over a long period of time.”
Sara Crowe, Strategic Initiatives Director, Polaris
Important guidance for funding initiatives
- Understand the importance of responsible funding practices and explore the Association of Charitable Foundations for recommended resources.
- Establish clear funding objectives and design your funding processes in accordance with clear values.
- Seek to achieve a positive impact beyond a purely financial contribution by engaging with grantees to understand their needs.
- Provide long-term, flexible funding to allow SSOs to allocate resources where they are most needed, making room for innovation, emergence, and impact.
- Encourage employees to go beyond modern slavery training by implementing schemes such as employer-match giving and employee-supported volunteering.
Helpful links and resources
Where to next?
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