Purposeful Partnerships - Powering Social Impact in the Financial Services Sector

The Purpose Coalition and Equiniti have announced their partnership to advance social impact across the financial services sector and beyond.  

Equiniti, a leading provider of tech-enabled shareholder, retirement and remediation services, supports 40 million people worldwide. In the UK, it acts as a share registrar or employee share plan provider for 48% of the FTSE 100. Its extensive partnerships with public and private sector organisations enable it to deliver tailored solutions and impact across some of the UK’s largest schemes. Recognised as a Top Employer in 2024, its inclusive practices have positioned it among the top 25% of employers in the UK, US and India, with its commitment to workforce and community inclusivity earning national acclaim. 

The Breaking Down Barriers Commission, part of the wider Purpose Coalition, brings together purpose-driven organisations across the UK to address deep-rooted inequalities and boost social mobility. Using a framework of 15 Purpose Goals, the Commission helps organisations share best practice, measure progress and identify areas for further growth. Equiniti’s ongoing participation will contribute significantly to the Commission’s evidence-based approach, creating a strong foundation for productive engagement with policymakers to shape a fairer society. 

Rt Hon Justine Greening, Chair of the Purpose Coalition, said:

“Equiniti’s active role in The Purpose Coalition exemplifies the power of partnership in driving meaningful social impact within the financial services sector. It’s a sector which contributes 12% to the UK’s economic output so its potential to create real opportunity for individuals, families and communities across the country is vast. Our partnership will help develop Equiniti’s existing initiatives on social impact and support the financial sector more broadly in making equality of opportunity central to its work.”

Nick Forbes CBE, Chair of the Breaking Down Barriers Commission, added:

“The redefined political landscape has given us a chance to reconsider how business and government can better work together to tackle inequality. This administration has signalled its clear commitment to breaking down barriers and boosting opportunity, demonstrated recently by its establishment of the Office for Equality and Opportunity which will ensure that equality runs through everything it does. That aligns with the aims of the Breaking Down Barriers Commission, with valued members including Equiniti already collaborating closely on how they can best deliver opportunity.”

Adam Green, Equiniti’s Chief Risk Officer added:

Adam Green, Chief Risk Officer of Equiniti

“We are proud to be working with The Purpose Coalition and its Breaking Down Barriers Commission, driving meaningful change and acting as a leading voice for social impact within the financial services sector. Equiniti is committed to caring for every customer and simplifying every transaction, whilst reducing our impact on the environment. One such change we have been engaged with for over a decade is the digitisation of share certificates and shareholder voting, to give all shareholders a voice so they can fully engage with the companies they are invested in.

We look forward to continuing to work to break down barriers in the industry with renewed purpose.” 

ENDS 

ABOUT EQUINITI GROUP (EQ) 

EQ is a leading international provider of tech-enabled shareholder, retirement, and remediation services. With over 6,000 employees, it supports over 40 million people in the UK, US, and across the globe. EQ’s purpose is to care for every customer and simplify every transaction, whilst minimising its impact on the environment. 

Find out more on https://www.equiniti.com.  

About The Purpose Coalition 

The Purpose Coalition is made up of organisations who are committed to breaking down barriers to opportunity. We believe all organisations should, and can do more to break down those barriers to opportunity in the UK.  

Our cross-party work helps businesses and organisations to do more, share best practice, and develop new solutions for improving the role they can play for their customers, colleagues and local communities. We work with organisations to put in place purpose-driven strategies and impactful initiatives that boost social mobility and spread opportunity. 

Find out more here: https://www.purpose-coalition.org/, for any further inquires contact Matthew McPherson (matthew@thisispurpose.com)