Environmental, Social
& Governance

Environmental, Social, and Governance (ESG) factors are essential to the long-term success of our business. Our ESG framework focuses on four impact areas that guide how we prioritise our efforts and seek to improve.

Our ESG Framework

Our ESG Priorities

E
Carbon Emissions
Climate Change
Energy Efficiency
S
Community Relations & Engagement
Employee Health & Safety
Diversity, Equity & Inclusion
G
Business Ethics & Standard
Corporate Governance
Data Privacy & Security

Environmental

Carbon Emissions
  • Locally sourced food providers
  • Removed plastic cups in our offices
Climate Change
  • For every Vavista car insurance policy sold or renewed, we plant a tree
  • Vavista offsets its employees’ carbon footprint
Energy Efficiency
  • Solar panels in our Bristol office
  • 100% renewable energy used in our Newcastle office

Social

Community Relations and Engagement
  • Community days for all employees
  • Charity work (national and regional)
  • Sponsorship of local charities/fundraising
  • Matching of personal charity fundraising
  • Toilet twinning
  • Period Poverty
  • Sponsorship of Bristol City Football Club
Employee Health and Safety
  • Annual risk assessments carried out
  • Trained fire marshals, first aiders and mental health first aiders
  • Mandatory internal training programmes
  • Wellbeing Events
  • Financial Health Training/Webinars
  • Employee Assistance Programme
  • Health and Wellbeing App (WRKIT)
Diversity Equity and Inclusion
  • Dedicated DEI working group
  • Annual awareness days (Pride/Mental Health/Black History) including external speakers
  • Mandatory Unconscious Bias training
  • Use of Alva Labs platform to remove unconscious bias within recruitment
  • Inclusive benefits i.e. optional religious bank holidays, enhanced parental leave / time off for IVF appointments
  • DEI interview training for line managers
  • Hybrid Working

Governance

Business Ethics and Standard
  • Values interwoven into employee appraisals
  • Code of conduct signed by all employees
  • Mandatory training for all employees on business practices from treating customers fairly to vulnerable customers
Corporate Governance
  • Risk assessments/ Audits of our business
  • Underwriting Workflows
  • Investment Strategies
  • Board Structure
  • Remuneration Policies
  • Compliance Training
Data Privacy and Security
  • In-House Solicitor
  • In–House DPO
  • Data Champion Team
  • IT Cyber Training modules
  • Data Awareness/Information
  • Security communications calendar
Systemic Risk Management
  • Risk committee
  • Exec Risk committee
  • Emerging Risk committee