Saffery Trust Publishes First Responsible Business Report

Saffery Trust has recently unveiled its inaugural Responsible Business Report, highlighting its commitment to corporate social responsibility across various global offices, including Guernsey, Switzerland, Dubai, and the Cayman Islands.

A New Strategy Shaped by Feedback

During the past reporting year, Saffery Trust developed a corporate social responsibility strategy that was significantly influenced by feedback from its employees. This initiative led to a remarkable increase in the firm’s charitable budget, which has now doubled. As part of this strategy, the company introduced a quarterly fundraising program to support charities chosen by local employees, demonstrating a grassroots approach to philanthropy.

Enhancing Employee Wellbeing

Saffery Trust is also dedicated to promoting the wellbeing of its employees. Partnerships with organizations like Guernsey Mind have strengthened this focus and complemented various wellbeing initiatives tailored to each office’s unique needs. By prioritizing mental health and overall employee wellness, the firm is taking active steps to foster a supportive work environment.

Commitment to Sustainability

The Responsible Business Report details Saffery Trust’s ongoing investments in sustainability. A notable achievement is the completion of an ESG (Environmental, Social, and Governance) Maturity Assessment in Switzerland, coupled with the implementation of Scope 1 and Scope 2 carbon emissions measurement in Guernsey through Future Tracker. These efforts reflect a growing commitment to environmental accountability.

Environmental Initiatives

The report showcases a range of impactful environmental initiatives across the Group. For instance, the Cycle2Work program in Guernsey offers staff interest-free loans to purchase bicycles at discounted rates, promoting greener commuting options. Additionally, annual tree planting events in Geneva and beach cleaning projects in the Cayman Islands further illustrate the firm’s proactive approach to environmental stewardship.

Community Engagement and Support

Saffery Trust’s long-standing commitment to community support is also a key highlight of the report. The firm continues its role as the lead sponsor of the Saffery Rotary Walk, one of Guernsey’s largest fundraising events. This initiative ensures that all funds raised are allocated directly to local charities. Staff engagement has seen a notable increase through volunteering opportunities, employee sponsorships, and partnerships that resonate with the firm’s core values.

Looking Ahead

As Saffery Trust moves forward, the report outlines the next steps in its responsible business journey. A Double Materiality Assessment is scheduled to take place across Guernsey, Switzerland, and the Cayman Islands in 2026. This assessment aims to enhance the firm’s evidence base and further refine its long-term sustainability strategy, building on the progress made thus far.

Leadership Commitment

Philip Radford, Director of Saffery Trust in Guernsey and Dubai and the Responsible Business Lead, expressed the company’s ethos: “As a well-established international business, we recognize the responsibility and privilege that comes with our position in each of the communities in which we operate. Doing the right thing, even when no one is looking, is integral to our ethos, and this report demonstrates how seriously we take our commitment to making a meaningful and positive impact.”

Radford’s sentiments emphasize the collective commitment within Saffery Trust to act responsibly and contribute positively to society. The progress reflected in this report serves as a testament to the dedication of all employees towards achieving these goals.