Communities

Our commitment to society

We have a proud heritage of making a difference and creating positive long lasting impact; we believe it is important to be active and engaged to make our business and society stronger and more resilient. We aspire to ensure our investment has a sustainable benefit for our communities, our customers and our business. We work with charities and NGOs on local, national and international programmes that make a lasting difference. Opportunities that will bring colleagues together, our company purpose to life and make a difference to our communities.

Covid-19 response

It is more important than ever that we work together and M&G is fully committed to supporting charities which are providing frontline services to our communities around the world. Providing a robust response to the global Covid-19 emergency has been essential, but the second phase of recovery and rebuilding communities in the aftermath is also critical. We recognise that the crisis will have longer-term implications for the most vulnerable in society. We are working with our charity partners so that we can continue to deliver our social programme - which focuses on supporting some of the most vulnerable and disadvantaged in society – and will have a long-term benefit over a number of years.

You can find out more about our response to Covid-19 here.

Covid-19 response

Our Head of Corporate Social Responsibility, Jane Rawnsley, takes us through just some of the organisations and charities we have been working with during Covid-19.

Breaking Barriers, Building Futures

At M&G our social purpose is to build inclusive and resilient communities through urban regeneration, economic empowerment, and skills and education.

Breaking barriers, building futures is the global flagship programme that describes our social mobility goal and we want to use community investment to help break down the barriers that prevent people from living the life they want.

Through our three strategic pillars; urban regeneration, economic empowerment, and skills and education, we invest in the essential needs for communities to thrive, equipping people with the tools to be financially secure and providing opportunities to prepare for the future.

Within each theme we have flagship international charity partnerships to help us deliver our goals as well as providing opportunities to engage colleagues in all our locations across the world.

We establish long-term relationships with our charity partners to improve lives, build communities and provide support, not only through funding, but also with the experience and expertise of our colleagues. We ensure that the projects we support are sustainable and we work closely with our partners to ensure that our programmes continuously improve.

Our strategic pillars

Find out more about our strategic pillars and our charity partners

Urban regeneration

Nurturing spaces and places that help people and nature thrive

Find out more

Economic empowerment

Giving people the skills and opportunities to become financially secure

Find out more

Community building

Building and strengthening relationships within and between communities

Find out more

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Building futures around the world

We have charity partners based around the world, helping to build futures globally

Building Futures

We establish long-term relationships with our charity partners to improve lives and build communities and provide support not only through funding, but also with the experience and expertise of our colleagues. We ensure that the projects we support are sustainable, and we work closely with our partners to ensure that our programmes continuously improve.

Watch the video to see one of our flagship volunteering programmes in action.

Disaster emergency response

In the UK, M&G plc is one of the first corporate sponsors of the National Emergencies Trust. Launched in November 2019 by the Duke and Duchess of Cambridge, the National Emergencies Trust (NET) provides a single focused point from which funds can be raised and distributed rapidly in response to disasters and emergencies in the UK.

The Trust ensures that the voluntary and community sector is co-ordinated, and able to harness public support in the most effective manner.

In response to Covid-19, the NET has launched an appeal to raise funds to support those in isolation across the UK. Funding is being distributed to local charities working on the frontline across the UK, to ensure individuals receive the correct support. In support of our international communities, we are working with the International Federation of Red Cross and Red Crescent Societies. They deliver emergency support on the ground in those countries with the most pressing needs.

Governance

We have established an operating model for Corporate Responsibility (CR) across M&G plc which provides guidance to support each office and market to manage charitable activities within the framework of a consistent, business-wide approach.

Community Investment Policy

United Kingdom

(Change region)

CR Governance Committee

A CR Governance Committee is in place, with senior management representation, which oversees community investment activity and agrees strategy and spend. The Group Executive Committee and the Board review the CR strategy and performance on an annual basis.

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Corporate Responsibility team

The M&G plc CR team manages activities across the business: devising community investment initiatives, measuring impact and spend, tracking performance against annual competitor benchmarking, as well as refining issues of key social importance to the business and determining where the business can have the greatest social impact.

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