Northern Rock Highly Commended For Responsible Business Practice
Released on: July 11, 2011, 8:08 am
Northern Rock was given a prestigious national award from The
Prince of Wales' Business in the Community (BITC) charity, for its
work to help tackle financial exclusion.
Last month, BITC awarded Northern Rock with a 'Big Tick' for its on-going project
to help rebrand, relaunch and support Bridges Community Bank, formerly South
Tyneside Credit Union. Judges were so impressed with the nomination that Northern
Rock was also selected as one of only two North East organisations to be shortlisted
for the coveted title of 'Example of Excellence' in their respective categories.
Last night, representatives from the bank including Executive Chairman Ron Sandler,
were highly commended in BITC's 'Building Stronger Communities' for 2011, at a
gala event sponsored by Unilever at The Royal Albert Hall.
The national 'Big Tick' award is the first level of award available to entrants of
the national BITC Awards for Excellence, which recognises inspirational programmes
that have a positive impact on the community, the environment or wider society.
Northern Rock was one of six companies to achieve it this year before being highly
commended in the category of the UK's Example of Excellence in Building Stronger
Northern Rock's contribution involved a team of employee volunteers skilled in a
number of disciplines helping Bridges Your Community Bank. It continues to support
Bridges as part of its flagship community programme which focuses on assisting those
in financial difficulty.
Mr Sandler said: "We are honoured to have received this additional commendation,
and to have been shortlisted as Business in the Community's Example of Excellence
2011, for our important work in the local community, in this instance for our work
with Bridges Your Community Bank.
"Our Big Tick Award is proudly displayed in Northern Rock's head office so that
our colleagues and visitors alike can see what has been achieved due to the hard
work and dedication of our employees. I look forward to adding this additional
tribute and hope it acts as a source of real inspiration and pride for everyone
connected with Northern Rock."
Stephen Howard, Chief Executive of Business in the Community said: "I congratulate
Northern Rock on achieving its Big Tick. It is a challenging time for business, but
this is a sign that companies are not losing their focus and are transforming their
businesses to make a positive impact on people and society; and are prepared to lead
by example. That's what Business in the Community's Awards for Excellence is all
about - celebrating responsible business, the leadership that makes it happen and
the benefits to the business and society of doing so.
"Communities and consumers need to see that businesses are proactive, visible and
engaged on the big issues of the day, as Northern Rock has demonstrated."
About Northern Rock:
Northern Rock plc is a new bank, authorised by the FSA as a deposit taker and
mortgage lender from 1 January 2010. It offers savings accounts, as well as a cash isa and fixed rate bonds, to customers in the UK
and Ireland and mortgages to UK
borrowers. New products are offered through both direct channels - including a
national branch network - and mortgage intermediaries.
Northern Rock continues to operate within the compensatory measures agreed with the
EC as part of the State Aid approval announced in October 2009.
About Business in the Community:
Business in the Community's Awards for Excellence identify and celebrate companies
having a positive impact on the community, environment, marketplace and workplace.
The Big Tick winners demonstrate significant impact and high quality management of
their responsible business practices and can show a positive impact both on society
and on the business. Now in their 14th year, they are the UK's leading awards for
responsible business practice. BITC received over 370 entries for the national
Awards for Excellence.
Business in the Community stands for responsible business - it is a business-led
charity with a growing membership of 850 companies, from large multinational
household names to small local businesses and public sector organisations.
Northern Rock House
Newcastle upon Tyne
0191 279 4676
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