<< < > >>
 
| Full PDF report | Print this page |
Annual Report & Accounts 2016 - Corporate Social Responsibility
slide
<< < > >>
1,400 hours contributed by our staff in 2016 on a varied range of community projects including homeless shelters, children's orphanages, helping the elderly and animal shelters. Our objective is to help current and potential investors to have a greater understanding of both our business model and the industrial environment in which we operate. 6/1 8/1 24 GVC Holdings PLC Annual Report 2016 Corporate Social Responsibility continued Our supply chain is diverse, spanning IT, travel, sponsorship, translation services, telephony and affiliates amongst others. In 2017 we plan to integrate management of our suppliers into a single Enterprise Resource Planning system. Our approach to supply chain management is designed to: 􀂄􀀃Reduce risk; 􀂄􀀃Develop mutually beneficial long-term business relationships; and 􀂄􀀃Deliver best value from our suppliers on a long-term basis. Our procurement policy includes a "Supplier Acknowledgement and Self-Certification Checklist", which requests information relating to: 􀂄􀀃Financial strength to ensure long-term reliability; 􀂄􀀃Ability to deliver enduring quality and value; 􀂄􀀃Commitment to innovation and ability to help us develop new products, processes and ways of working that will provide us with a commercial advantage; and 􀂄􀀃Commitment to a wider corporate responsibility agenda relating to the environment, labour/employment standards, equal opportunities and employee rights. In return, we aim to operate to the highest professional standards, treating our suppliers in a fair and reasonable manner and settling invoices promptly. 3. SUPPLIERS I n addition to commitment to provide a safe and secure gaming environment for our customers, we recognise we have a wider responsibility to supporting charities who work within our sector and the communities in which our offices are located. As a business we make donations to a variety of responsible gambling organisations across multiple countries. CSR goes beyond responsible gaming and as a Group we actively encourage and support our employees' involvement within local communities. In 2016, our staff contributed over 1,400 hours on a varied range of community projects including homeless shelters, children's orphanages, helping the elderly and animal shelters. In 2016, our employees were involved with homeless projects in Austria, Bulgaria and Gibraltar, while in Austria and London we also worked with a number of local charities for the elderly. Meanwhile, in Hyderabad, our employees have a long standing tradition and commitment of working closely with numerous charities, having financed the building of clinics and extensive work with orphanages. Wildlife projects supported during the year included cleaning up a local beach in Gibraltar to help protect local marine life and the building of new enclosures for the Wildlife Heritage Foundation. The acquisition of bwin.party significantly increased the scale of our business and with our subsequent admission to the FTSE 250 Index, it is appropriate that we evaluate our CSR policies. In 2017 we intend to substantially increase our contribution to responsible gambling charities/organisations. However, as mentioned above, we also believe we have a significant responsibility to contribute positively to the many communities in which we operate. In total we have budgeted to more than double our financial commitment to our CSR programme in 2017. In addition to a substantial increase in our financial support, we have also committed to expand our successful Pro Bono engagement programme to 15 locations from five currently. Furthermore, we have doubled the number of hours individuals are able to contribute. Last year employee participation in the Pro Bono scheme was around 20% and this year we are aiming to achieve at least 25%. If successful, we expect to more than treble the number of hours of support given to our local communities. The increased support and investment in community projects also enables us to expand the number of good causes that we work with. In January of this year we welcomed on board FareShare. FareShare redistributes surplus, in-date food to charities and community groups across the UK, including nearly 200 in London. Their food saves millions of pounds for the voluntary sector and reaches people in genuine need in the communities where we live and work. In addition to a financial contribution, employees of GVC will also be volunteering at FareShare's Regional Centre in London. 4. CHARITIES AND COMMUNITY ENGAGEMENT