We’re a constant work in progress
Respect for people and the environment has long been at the heart of our business. We strive to do the right thing, not the easy thing, and make all our decisions in good conscience.
Our Corporate Responsibility (CR) focuses on three areas: how we act as company, the impact we can have through our products and our responsibility to the communities in which we operate.
We focus on:
- Reducing the environmental impact of our operations
- Being a diverse and inclusive employer and supporting our people to do their best
- Partnering with academic and industry bodies on sustainability
- Doing business ethically
We focus on:
- Finding innovations for the materials of tomorrow
- Ensuring our products meet the highest quality and safety standards
- Reducing the environmental impact of materials and processes
- Protecting the human rights of those within our supply chain
We focus on:
- Empowering disadvantaged communities
- Helping people live a more active and healthy lifestyle
Diversity & inclusion
We want to be a place where everyone is welcomed, supported and encouraged to grow and contribute. That’s why we’re creating an environment that celebrates diversity and inclusion (D&I) and building it into everything we do.
Not only is focusing on D&I the right thing to do, but we believe that embracing it increases our understanding of the world around us and allows us to drive performance, innovation and grow our business.
Just like us, our D&I strategy is an evolving story, take a look at the full strategy at the link below.
Our charity partners
In 2018 we selected five UK and international charities to partner with until 2021. The charities, which were chosen by our people, support causes that really resonate with who we are as a company and have an impact in the countries where we operate.
The British Council supports economic empowerment through educational opportunities. We’ll be supporting the development of online learning resources that enable more young people, especially women, in Thailand to access the craft sector.
United Purpose strives to end poverty and inequality across the globe. Pentland will be supporting their project which uses sport to teach employability skills to young people living in slums in Mumbai, India.
Panathlon provides sporting opportunities for over 17,500 young people with disabilities each year. Our partnership will enable the expansion of Panathlon’s swim programme to involve over 5,000 disabled swimmers and more than 1,000 young leaders over three years.
SportInspired tackles childhood obesity in disadvantaged communities through fun and inclusive sports programmes for schools. We will be supporting sports festivals and outreach programmes in four UK locations: Blackburn, London, Nottingham and Sunderland.
Corporate responsibility case studies
Here are some of the ways we’re putting our CR vision into practice:
Homeworkers are the unseen hands that support parts of the shoe making industry. For example, stitching and finishing leather shoe uppers by hand before the shoes go back onto the factory production line.
Homeworkers tend to be women with families, working from home while looking after children and taking responsibility for domestic duties.
We support their right to work at home and earn a wage flexibly, but we want the homeworkers in our supply chain to be paid fairly and have the same rights and protections as other workers.
In 2017, we worked with two NGOs to map the supply chain of one of our suppliers in Tamil Nadu, India. Together with our NGO partners, we’re formalising employment, educating homeworkers about their rights and understanding how we can have a positive impact on the livelihoods of homeworkers.
Our clothes, shoes and sports equipment can come in handy for community organisations and people in need. We channel our product donations through our charity partner, In Kind Direct, to help our surplus stock reach those who need it most. They distribute our products to charities and community organisations across the UK and beyond.
In 2017, our donations reached over 500 community projects, including those focusing on youth, disability and family welfare. In Kind Direct recognised our longstanding support with their award for Pro Bono Support by a Product Donor this year.
Over the past 17 years, more than 2,100 charities have benefited from our donations of products, worth an estimated retail value of over £2.4million.
We were also one of the first companies to endorse In Kind Direct’s new manifesto to join the Product Giving Revolution. Launched at the end of 2017, the campaign aims to encourage more manufacturers and retailers to share surplus stock to help In Kind Direct support more charities and the millions of people they help.
In addition to this, some of our footwear brands donate surplus stock to the social enterprise, Africa Shoes, for a token fee which we then pass on to our charity partners. The shoes are redistributed to entrepreneurs in Africa who earn a living by recycling and selling them on to people who need them, at a fraction of the cost of new shoes.
Speedo’s customers love and live to swim, so we’re designing products they can feel good in while they’re doing it, knowing they’re helping to protect our oceans and the wider environment.
In 2017, we invested in sustainable production and recycled materials to transform our range of men’s swimming shorts. We now offer customers swim shorts made from 100% recycled polyester and our continuing to innovate when it comes to sustainable materials.
The fabric for our new Glide water shorts range is made from recycled plastic bottles and the innovative Xpress Dry Eco fabric is made from 86% recycled polyester. In total, 73% of our men’s water shorts use ecofriendly production techniques or materials.
Speedo is also steadily increasing the amount of recycled yarn in women’s swimming gear and using recycled ocean plastics. The H2O Active range uses ECONYL®, an innovative fabric that turns waste fishing nets, plastics and even carpet, into first grade nylon. This takes plastic out of the sea, preventing further harm to marine ecosystems.