Community

Charitable Support

The Board of CMC Markets plc promotes the support of local charities through our staff in all our global offices. We promote a Charity Champions scheme. Staff from around the office volunteer to be the Charity Champion for their group. They are then engaged their colleagues in the selection of charities/charitable causes to consider for the Charity of The Year and a Dragons Den event where 30 charities bid for a place in the “Den”.

Of the 30 charities selected, 6 are invited to present their case for support to Charity Champions. There is a winner but each charity receives a donation.

CMC Markets plc underwrites charity support with an additional Charity Annual Day’s Leave and a £4£ matching donation scheme.

Charitable initiatives supported in the past year

Head Office London:
Charity of The Year 2020-21 – Action for Children

Action for Children (A4C), helps more than 300,000 children, young people, parents and carers
through 650 projects across the UK. They have been helping vulnerable children and young people break through deprivation and inequality for almost 150 years. A4C believe all children and young people have unique potential and that they should have the support and, opportunities they need to reach it.

CMC Markets London Office is supporting the London Independent Visitor (IV), scheme. An Independent Visitor – possibly the only person in the child’s life that is not paid to support them in some way, ie Foster Carer, Social Worker or Teacher, visits the young person at least once a month and is there on the end of a telephone to offer counsel and advice at other times.

Plans were made for a calendar of events for 2020 but Covid19 put an end to most activities. In April 2020 we sent a payment to A4C for £50,000 as it was clear all charities would suffer during the first Lockdown. Fundraising; we managed to take part in 2 Secret Santa events (2019 & 2020) and our Deputy CEO took part in Boycott Your (his) Bed event – he slept the night in his car!! To compensate for the lack of fundraising CMC Markets finalised the partnership making the final sponsorship for the year to £70,000.

We are proud to support have Action for Children and the London Independent Visitor Scheme through our Head Office London Charity of The Year scheme.

2020 was a year to devastate the income on which charities survive and at the same time they needed to adapt to deliver services online for those that could and for others, the struggle of only face to face support started.

In response CMC Markets plc Board approved a 3 year charity support partnership of £800,000 to help young people achieve more from Primary School Age to becoming Work Ready both in London and Sydney, Australia.

Last year we continued to be the sole sponsor of Making The Leap Employment Fare 2020 but as with most things the event was very different and went online. We were able to support students through online videos and 1 to 1 sessions via Zoom. Charities had to adapt to the “New Normal” of online delivery models. Making The Leap managed this and this demonstrates their determination to help young disadvantaged people when they most needed support in this ever changing world.

CMC Sydney completed the fourth year of partnership with its corporate charity Learning Links, who provide support to children with learning disabilities and difficulties. We continued our volunteering commitment through the Counting for Life programme, which saw 12 staff providing one-on-one maths tutoring over a ten-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.

With the ever-changing world in which we work CMC Markets will commence replacing the office based computers with more suitable equipment to allow flexible working.

This has resulted in around 200+ PCs being recycled/reused in the London Office alone – more throughout our other offices worldwide.

A company has been sourced that will recycle the machines but instead of CMC Markets being paid a unit price for each PC we have agreed that the recycled machines be reused and made ready for donation to educational bodies and community charities/groups complete with a Microsoft Windows 10 operating system.

We are encouraging these groups to consider using the machines to set up mini PC suites to help disadvantaged people in our community. The London Office IT Department has volunteers that will help set these suites up if required. There has been a great interest in this already and the programme of reusing that will commence in July 2021.

Our colleagues throughout our offices worldwide, support many charities and charitable causes both local to the community in which we operate and nationally. To encourage/support this, CMC Markets plc will match funds raised from CMC Colleagues on a £4£ ($4$) basis.

In addition to support staff in charitable and community activities a Charitable Annual Leave Day is available to all staff.

We are proud to support local charities helping them to meet the unmet need locally.
Lord Cruddas CEO