Corporate social responsibility
During the year ended 31 March 2020 the CMC Markets CSR Committee directly engaged with charities and the community in both London and Australia. Highlights include:
- Appointing Action for Children as the CMC Markets London Charity of the Year. Action for Children helps more than 300,000 children, young adults, parents and carers through 650 projects across the UK. It has been helping vulnerable children and young people break through injustice, deprivation and inequality for almost 150 years and it is the leading UK provider of family and community centres, support in rural areas and for those leaving care, and services for disabled children and their families. In addition to a guaranteed donation from CMC Markets, further fundraising events have been planned.
- Through the partnership with Action for Children, CMC is also supporting the London Independent Visitor scheme. The scheme involves CMC employees volunteering to guide, advise, listen to and befriend young people in care, sharing their experiences as well as trying new activities and spending quality time together. CMC staff commit to mentor a child for a period of two years but often the relationship runs for longer.
- CMC Sydney completed the fourth year of partnership with its corporate charity Learning Links, who provide support to children with learning disabilities and difficulties. CMC continued its volunteering commitment through the Counting for Life programme, which saw 12 staff providing one-on-one maths tutoring over a 10 week period during the school term. The significant improvements seen in the children’s results is a testament to the benefit of the programme and the impact our staff are having on the development of the children.
- CMC Markets is committed to supporting local talent and, together with the Peter Cruddas Foundation, sponsored Making the Leap for the fourth time to deliver its successful Social Mobility Careers Fair, where 200 students attended on the day. In addition to this CMC provided internships to a further three students this year from this event.
Health and safety
The health and safety of the Group’s employees and visitors is of primary importance. The Group is committed to creating and maintaining a safe and healthy working environment. Health and safety audits and risk assessments are carried out regularly.
The Group is committed to managing its environmental impact and is fully aware that by considering the environment in its decision making, particularly around technology adoption and office selection, it can have a beneficial impact on its performance.
Anti-bribery and anti-corruption
The Group does not tolerate any form of bribery or inducements and it has an anti-bribery and corruption policy which is applicable to all global staff. The policy is owned by the Head of Compliance UK and Europe, and is implemented by the financial crime team and compliance officers in offices across the Group. In conjunction with this policy, the Group also provides clear guidance to staff in other policies related to politically exposed persons (“PEPs”), gifts, entertainment and expenses. Should any member of staff like to anonymously raise bribery or corruption concerns they are also able to do this in accordance with the Group whistleblowing policy.