The Building Societies Association (BSA) is delighted to be recognised for its responsible business practices through accreditation of the Good Business Charter.

The Charter, which seeks to raise the bar on business practices, is a simple and effective way to measure an organisation's values and ethics.

The BSA was awarded the accreditation after demonstrating how its ethos of doing business in a socially responsible way is applied throughout the organisation, from paying the real living wage and commitment to colleagues' work-life balance, to its prompt supplier payments, transparent tax arrangements and focus on minimising its impact on the environment.

The Good Business Charter

The Good Business Charter is a simple accreditation which organisations in the UK can sign up to in recognition of responsible business practices.

It measures behaviour over 10 components: real living wage, fairer hours and contracts, employee well-being, employee representation, diversity and inclusion, environmental responsibility, paying fair tax, commitment to customers, ethical sourcing and prompt payment.

An organisation must meet all 10 commitments to receive GBC accreditation, which is open to private sector, public sector and charities of all sizes.