Equiniti's Commitment to Inclusive Financial Services
In a recent episode of the Leading with Purpose podcast, Adam Green, Chief Risk Officer at Equiniti, delved into the company's initiatives aimed at enhancing financial inclusion and social mobility. The discussion coincided with the launch of Equiniti's "Breaking Down Barriers" Impact Report in Parliament, underscoring the firm's commitment to fostering a more inclusive financial ecosystem.
Equiniti operates providing essential services such as share registration and pension administration to over 20 million individuals in the UK and a similar number in the US. Green highlighted that while many may not directly recognise Equiniti, its services are integral to the financial operations of numerous organisations and individuals.
A significant focus of Equiniti's strategy is digital transformation. By digitising processes like share certificates and shareholder voting, the company aims to make financial services more accessible and user-friendly. This shift not only enhances efficiency but also empowers shareholders by giving them a more active role in corporate governance. Green emphasised the importance of balancing technological advancements with the needs of vulnerable customers, ensuring that digital solutions do not inadvertently exclude any demographic.
Internally, Equiniti is dedicated to employee development and wellbeing. The company leverages apprenticeship programs and fosters a culture of curiosity to equip employees with the skills needed in the evolving financial landscape. Green noted that by investing in its workforce, Equiniti ensures that employees can contribute meaningfully to the company's mission.
Equiniti's partnership with The Purpose Coalition underscores its commitment to social responsibility. Through this collaboration, the company has launched initiatives aimed at enhancing financial resilience and promoting equal opportunities. The joint Impact Report showcases Equiniti's efforts to support communities, improve financial literacy, and provide accessible savings solutions.
Equiniti's multifaceted approach to financial inclusion—combining digital innovation, employee empowerment, and strategic partnerships—demonstrates its dedication to creating a more equitable financial environment. As Green articulated, by addressing both internal and external challenges, Equiniti is paving the way for a future where financial services are accessible and beneficial to all.
For more insights, listen to the full podcast episode here: https://www.purpose-coalition.org/podcast/adam-green-of-equiniti-on-their-role-in-driving-financial-inclusion
