Who Will Take On The 1% Challenge In 2023?
Corps have recently revealed that our long-term customer, Addleshaw Goddard have taken our 1% challenge – or 1% Contract Value Donation Challenge (but that’s a bit of a mouthful)!
You may be asking; What is the 1% Challenge?
As part of being a registered Social Enterprise, Corps commits to donating a percentage of our profits to our chosen charity partner, Combat Stress – with all remaining profits reinvested into the business to support our people. As a trust-based organisation, we do not have shareholders and do not pay dividends from those profits.
Corps also undertakes fundraising activities for Combat Stress, alongside a raft of other charities, as part of our primary mission to support the UK veteran community.
The 1% Contract Value Donation Challenge extends that charity support in partnership with our customers. As part of the challenge, the customer commits to adding 1% of their contract value as an annual donation to Combat Stress, which will go towards providing essential mental health and wellbeing support to veterans across the country.
How does this benefit the customer?
Socially conscious businesses will often look for ways to improve their social impact in line with their CRS and ESG policies. For many, becoming a social enterprise is not an option available to them. Committing to the 1% Challenge provides a secure and existing donation route that is easy to maintain throughout the contract with Corps. Our existing relationship with Combat Stress reduces the legwork required to engage with such a social mission and can be a first step to a wider social strategy for our customers to support underrepresented groups across the UK.
Why combat Stress?
Corps Security was founded on what is considered one of the first engrained social missions of its nature, to provide gainful employment for those who served in the Crimean War. That mission remains, however Corps Security has modernised it to offer wider and more profound support for the veteran community across the UK.
Combat Stress is the UK’s leading charity for veterans’ mental health. For over a century, they have helped former servicemen and women with mental health problems such as post-traumatic stress disorder (PTSD), anxiety and depression. Today they provide specialist treatment and support for veterans from every service and conflict, focusing on those with complex mental health issues. The work they do is life-changing and often lifesaving. No one else can match what they can do.
How will 1% help the charity?
A common question we are asked is how such a small percentage will make a difference. With Combat Stress, every penny counts, and the money is used wisely on a wide range of support services for veterans.
As a live example, the below graphic shows what will be funded from the Addleshaw Goddard donation alone.
How can you get involved?
If you are a Corps Security customer, please speak to your Contract Manager who can put you in touch with the relevant contact. We would be delighted to explain in more detail.
If you are not a Corps Security customer, you can get involved with other initiatives including fundraisers – such as the Tours de Corps or donate directly to the charity via their website here.