responsible business principles

somos is a social enterprise and our governing documents specifically require us to take our shareholders, team and other stakeholders into equal consideration when making decisions.Β 

somos commits to the business principles set out below and is a living wage employer accredited by the living wage foundation.  

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... has a purpose which delivers long term sustainable performance:

somos: (a) operates true to a purpose that serves society, respects the dignity of people and aims to generate a fair return for responsible investors, and (b) enables and welcomes public scrutiny of the alignment between stated purpose and actual performance.Β 

... is honest and fair with customers, partners and suppliers:

somos:Β (a) seeks to build lasting relationships with customers, partners and suppliers, (b) deals honestly with customers, providing good and safe products and services, (c) treats suppliers fairly, pays promptly what it owes and expects its suppliers to do the same, and (d) openly shares its knowledge to enable customers and suppliers to make better informed choices.Β 

... is a responsible and responsive employer:

somos: (a) treats everyone with dignity and provides fair pay for all, (b) enables and welcomes constructive dialogue about its behaviour in keeping true to its purpose, (c) fosters innovation, leadership and personal accountability, and (d) protects and nurtures all who work for it to ensure people also learn, contribute and thrive.Β 

... is a good community member.

somos: (a) considers each person affected by its decisions as if they were a member of each decision-maker’s own community, (b) provides access to opportunities for people in the communities in which it operates, and (c) seeks to make a full and fair contribution to the communities in which it operates.

...seeks to be a guardian for future generations.

somos: (a) honours its duty to protect the natural world and conserve finite resources, (b) contributes knowledge and experience to promote better regulation for the benefit of society as a whole rather than protecting self-interest, and (c) invests in developing skills, knowledge and understanding of wider society.

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