Our 10 components
To receive Good Business Charter accreditation, organisations must meet the requirements for all 10 components (9 for public or third sector) which collectively cover care for employees, suppliers, customers and the environment whilst paying your fair share of tax.
Our aim is to inspire as many organisations as possible to change their behaviour, where required, in order to sign up, which should in turn encourage wider good business practice.
The Good Business Charter commits organisations to:
The GBC requires all employers to pay directly employed staff and regularly contracted staff the real living wage as set out by the Living Wage Foundation and for those with over 50 employees, commit to becoming an accredited Living Wage Employer within a mutually agreed time frame.
The GBC requires a fair approach to zero hours contracts, including fair shift scheduling and cancellation policy, and proper consideration given to contracts with guaranteed hours.
The GBC requires clear, fair and transparent policies that support and encourage employee well-being and ban unreasonable penalties for legitimate sickness.
The GBC requires all employers to engage with worker representatives and to ensure there is a voice that represents employees around the boardroom table.
The GBC requires businesses to evidence how they monitor the diversity of their workforce and their commitment to close the gender, disability and ethnicity pay gaps.
6. Environmental responsibility
The GBC requires businesses to commit to an environmental policy to demonstrate they are committed to reducing their environmental impact and continually improving their environmental performance.
The GBC requires businesses to commit to paying their taxes, not engage in tax avoidance and commit to be transparent in their relationship with HMRC.
The GBC requires businesses to publish their commitment to their customers on their website. Businesses will be expected to gather and monitor customer feedback and report the results to their board.
The GBC requires businesses to commit to the standards set out in the Ethical Trading Initiative Base Code for sourcing through a process of continuous due diligence.
10. Prompt payment to suppliers
The GBC requires businesses to sign the government’s Prompt Payment Code.
Good Business Charter
Take the first step now and sign up with us today. If you receive accreditation to the GBC, membership will be FREE for the first year.
No joining fee and membership fee is free for the first year.
Thereafter organisations with less than 51 employees will be charged a flat rate of £25 per year.
Organisations with more than 50 employees will be charged £1 per FTE up to a limit of £2,500 (£500 for charities).
So if you have 8 employees you will pay just £25 per year membership after your first free year.
If you have 150 employees it will be £150 per year, if 2,500 employees, the cost is £2,500.
Calling all employees, customers and suppliers.
If you have reason to believe that a GBC accredited organisation is not meeting its obligations, please let us know.