The group of companies within The Oak Investment Partnership are committed to supporting the Government’s vision for Corporate Social Responsibility (CSR) in terms of businesses taking account of their economic, social and environmental impacts, specifically:
- Encouraging innovative approaches and continuing development and application of best practices
- Ensuring levels of performance in areas such as health and safety, the environment and equal opportunities exceed the minimum levels set out in the Government’s vision for CSR
- Taking an active part in supporting the local community and social causes
The Oak Investment Partnership Limited board review the Group’s CSR statement annually and set specific and measurable goals on areas where we can improve and sustain our positive impact. In addition, Partner Companies may have their own CSR statement addendums. These will also be reviewed annually by The Oak Investment Partnership Limited board.
We strive to be open and honest and ensure we run our independent, employee-owned business ethically. We are also firm believers in the philosophy that if you treat your employees well, look after them and incentivise them then this will lead to better outcomes for our clients.
The Oak Investment Partnership is majority owned by an Employee Ownership Trust for the benefit of all Partners.
All Partners who have been with the Partnership for a full 12 months are eligible for the Partnership’s profit-sharing scheme, and all Partners are encouraged to think and act like the business owners they are.
The Partnership is committed to ensuring Partners work in a motivational, fulfilling and fun environment encouraging them to develop to their full potential. We have a further objective of being included in The Sunday Times list of ‘The 100 Best Companies to Work for’.
Partners also receive a number of benefits including a generous holiday allowance, flexible working, training budgets, a wellbeing agenda and volunteer days (where Partners are able to take a day to volunteer for a charity or event of their choice). On completion of three months service they also qualify for these additional benefits:
- Life assurance
- Income protection
- Private Medical Insurance
- Cycle to work scheme
- Ultra-low emission vehicle scheme
- Partner assistance program
Each Partner Company also has their own Employee Ownership Champion who focuses on promoting our wellbeing agenda, ensuring the company offers a range of activities which in the past have included massages, yoga, Spanish/French lessons and pumpkin carving.
The Partnership is an equal opportunities employer. We actively monitor Partner pay bands to ensure that both men and women are fairly represented across the different levels. In addition, two out of four Partner Council members are women.
- ‘Highly Commended’ at the Employee Owned Business of the Year Awards 2018 and 2019
Charity & Community
The Oak Investment Partnership has set a goal to raise £1m for charity and local community projects over the next decade with any fundraising and volunteering activities undertaken by our Partners going towards that goal.
The Partnership provides all Partners with one volunteer day per year, which they can put towards any charitable or community project that want. Last year our Partners raised a total of £50,736 and the Partnership donated an additional £20,000 to the following charities which were voted on by the Partnership:
- The Air Ambulance Service – Thames Valley
- Gift for the Future
- Dogs for Good
- Support for the Sick Newborn and their Parents (SSNAP)
- Chipping Norton School
- Quest for Learning
- Banbury Youth Homeless Project
- Enstone Pre-School
The Oak Investment Partnership is also actively involved in community initiatives and volunteering opportunities, regularly providing students and others with work experience and careers talks. In addition, from September 2016, the Partnership has supported the Young Enterprise Scheme where regular advice, guidance and mentoring is given to students taking part in this initiative.
Where possible, we also try to source locally, and the Partnership actively engages local businesses for business services such as IT support and provision of training courses.
The Partnership has a relatively low impact on the environment – our carbon footprint is minimal, and we do not produce any emissions or pollutants that come under the Integrated Pollution Prevention and Control Regulations issued by DEFRA. The Partnership also uses Green Energy which provides us with 100% renewable electricity.
The Partnership has identified that its most significant impacts on the environment include:
- Disposal and recycling of waste (including paper and electronic equipment)
- Use of consumables
- Energy and water usage
- Transport and car usage
Methods used to minimise the Partnerships environmental impact include:
- Maximising the reuse, recycling and sustainable disposal of waste
- Analysing energy and water usage and considering how usage can be minimised
- Encouraging the use of ‘paperless’ working
- Support of the ‘cycle to work’ scheme
- Support of home working
- Car sharing
- Encourage and plan meetings online where possible to reduce travel. Where travel is necessary explore lowest carbon footprint option.
In 2019, we also began to offset the total amount of carbon emitted by our Partners. The average tons of carbon emitted yearly is approximately 10 tons and our Partner Companies have decided to offset between 10 and 20 tons each. This ensures that the Partnership is helping to reduce and minimise our overall contribution to carbon emissions as a business, on behalf of our Partners.
In addition, the Partnership supports and has previously invested £20,000 in the local Southill Community energy solar project. We have decided to support this project as it is a local community investment in green energy in line with our values.
Please contact Amy Hepworth-Bell for any queries you have on The Oak Investment Partnership’s CSR policy.