Heart of the City is pleased to launch our 2017 Impact Report where we explore highlights and achievements from the past year. In this report we also share member profiles and testimonials and a summary of our financial activities.
In its 17th year, Heart of the City continues to reach an increasing diversity of companies all of which share a passion for doing business better by doing good. Heart of the City members now represent a wide range of business sectors from manufacturing to law, from gardening to banking. This diversity reflects increasing interest from companies of all kinds in responsible business practice. We’ve also seen an interest in our work from beyond the business community, with civil society organisations and local councils recognising the value that Heart of the City and its member companies can bring.
Highlights from the Heart of the City Impact Report 2017
Over 720 London based companies have graduated from our free Foundation Programme since it started.
In 2017 alone 138 companies have been involved in one of our membership programmes (70 of which were on our one-year Foundation Programme) to develop their responsible business activities.
68% of our 2017 members were SMEs, and this number increased to 81% for those on our Foundation Programme.
Members on our Foundation Programme were from 16 London boroughs, from Hammersmith and Fulham to Hackney, with 39% of members based in the City of London.
Most of our members continue to be from the legal and financial sectors, but there has been an increase in members from the architecture and design, IT and creative industries
During 2017 we organised 10 events for our members with CSR experts helping members develop their programmes, and in total we had 327 attendances.
Of the 2017 Foundation Programme members that completed our graduation survey 69% of the cohort developed health and wellbeing initiatives over the past 12 months, helping to promote work-life balance;
66% of companies developed new initiatives to reduce or recycle their waste, while 26% found ways to reduce the amount of energy they used;
73% of companies reported developing their responsible business approach had helped with staff development; and
They reported contributing £224,991 to charities through fundraising and donations and gave an estimated 2,236 hours of volunteer time.
In November 2017 we launched the Heart of the City Westminster pilot initiative with Westminster City Council and welcomed 18 new Westminster based companies to our Foundation Programme this January 2018.
We have updated our online resources, relaunched our website, and introduced regular HotC Highlights. Sign-up here to receive them!
Read a Member Profile: T. Rowe Price