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Supporting the community

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Charitable donations

StepChange Debt Charity

We contribute to registered charities relating to financial services or serving the local communities in which we operate. We contributed over £1.5 million in the year ended 30 September 2019 to the work of the Foundation for Credit Counselling which operates the StepChange Debt Charity.

Other donations

We also contributed to charities throughout the year by way of single donations.

These totalled £24,200 (2018: £25,300).

Our main objective is to support children’s and local charities, although no charity request is overlooked.

In the year to 30 September 2019, we helped many and varied charities and causes including: Kids Cancer Charity, SH Fund – Helping Hands for Holidays, Lupus UK, Multiple Sclerosis Society, Chicks, Soroptimist International Solihull and District, Kids in Action and Super Hero Sport Foundations, amongst others.

Community involvement

Our employees make a difference to the local community in many ways.

A volunteering programme was launched in January 2019 and by the end of the year, employees had delivered 76 volunteering days, targeting issues linked to poverty. Activities included:

  • volunteering at SIFA Fireside, a specialist centre in Birmingham dedicated to supporting the homeless
  • supporting a local primary school to renovate their playground
  • volunteering at a ‘Ready for Work’ initiative run by Business in the Community that supports getting homeless people back into the workplace.

Employees also took part in education initiatives, supporting ‘Life Ready’ days, which provide an opportunity to talk to school students about managing finances, budgeting and implications of debt, and attending Careers Conventions at local schools.

Fund raising

The company’s Charity Committee, consisting of volunteer employees, organises a variety of fundraising activities. In 2019, the Committee raised over £28,000 for Dementia UK.

Any employee can nominate a charity and all employees can vote to choose the charity or charities to benefit from the following year’s fundraising activities.

For 2020, employees have chosen to fundraise for Macmillan Cancer Support.

Paragon Banking Group PLC.  Registered in England number 2336032.  Registered office 51 Homer Road, Solihull, West Midlands  B91 3QJ.