Corporate Social Responsibility at OakNorth
OakNorth’s mission is to empower growth businesses as this makes the world a more interesting, dynamic and diverse place to live. To continue reinforcing the positive impact growth businesses have on communities and economies globally, we donate 1 percent of our Group profits to supporting charitable causes and socially-minded enterprise.
Approach and Strategy
OakNorth undertakes many timely, strategic, results-driven, and professionally-managed development initiatives consistent with the United Nation’s Sustainable Development Goals. Incorporating our core values – Right Ambition and OneTeam – OakNorth supports multiple non-profit organizations with wide-ranging initiatives to resolve specific problems and improve standards of living in local communities.
We seek to create and support opportunities for conservation of natural resources, female empowerment, education particularly in STEAM subjects, social mobility, entrepreneurship and mentorship, and inclusive development of underprivileged communities.
We invest in long term, replicable and sustainable development models that effectively address the various social needs and problems our communities face today. Our team volunteer for a number of initiatives and participate in donation drives, as well as matching grants. You can read more about OakNorth’s CSR policy in India here.
With the ongoing COVID-19 crisis impacting communities around the world, OakNorth has contributed to a number of initiatives globally, including supporting The Akshaya Patra Foundation which has provided dry ration kits that translate to over 84,000 meals for 2,000 underprivileged families in Delhi NCR and Bengaluru, as well as Seva Mandir, an NGO that’s providing hygiene and dry ration kits, including nutrition to over 1000 families with children attending pre-school education centers that have also been funded by OakNorth over the years.
In the UK, OakNorth has sourced and distributed over 40,000 PPE visors to hospitals across the UK to help keep NHS workers protected.