Corporate responsibility

What does corporate responsibility mean at RSM?

RSM believe it's our responsibility to positively impact our society and the environment. That’s why our values weigh heavily in the decisions we make as a business and the interactions we have with all our people, clients, suppliers, and communities.

Click below to learn more about our involvement:

RSM’s commitment

Having our people engaged and involved with our initiatives gives us the best chance of making a real impact. To make sure our workforce remains a continual part of the discussion, our dedicated national corporate responsibility team is led by the group’s Executive Chairman, Kevin O’Connor. Throughout the year representatives in each of our regional offices feed back the views and values of a diverse range of people from across our business.

We have three pillars of corporate responsibility: environment, charity, and community. Together, these encompass the ways in which we want to support society.

Environment

The need for action on the climate crisis is more pressing than ever. It’s a central issue which will affect all our clients and people and we feel a duty to do our utmost to positively contribute.

In 2021, RSM’s committed to reaching net zero carbon emissions by 2030.

We will achieve this by significantly reducing our carbon emissions, only then will we offset residual emissions with accredited carbon offset providers who are transparent, knowledgeable, and committed to making lasting impact.

Our move to a hybrid working model and investments in technology will support us in reducing emissions.

Further details of the group’s initiatives with respect to the environment can be seen in our Carbon Reduction plan.

Our environmental policy helps guide all our decisions when managing our business. This takes into consideration efficient use of resources including reducing waste, reusing what we can and recycling what we can’t.

Charity

We believe in contributing to society by giving back to those less fortunate and this is reflected in RSM’s core values: respect and stewardship. We act on these values by supporting charities through our corporate foundation, The RSM UK Foundation.

Our partnership with The Duke of Edinburgh’s Award supports young people in gaining the skills they need to succeed in life and the workplace. In the financial year to March 2021 we helped 20,000 young people start their Duke of Edinburgh journey. These young people will contribute over 184,000 hours of volunteering to their local communities over the next three years.

Anthony Nolan makes lifesaving connections between people with blood cancer and the incredible strangers ready to donate their stem cells. For someone with blood cancer, a stem cell transplant could be a chance of survival. In the year to March 2021 our partnership funded 264 families with much needed grants and 1682 life-saving stem cell courier journeys.

Trees for Cities is an environmental charity that aims to inspire people to plant and respect trees in cities globally. Involving local residents, schools and community groups the charity's work is targeted towards some of the worlds most deprived urban areas, from East London to Addis Ababa. In the year to March 2021 our partnership resulted in 3,577 trees being planted.

Leadership Through Sport & Business is a social mobility charity that works with bright young people from disadvantaged backgrounds, ensuring they find skilled careers. In the year to March 2021 our partnership helped 23 young people take a first step towards achieving meaningful employment.

Our local communities are major benefactors of our charitable giving. Through our match funding initiative which allows up to £250 per individual, we support local causes, from Lerwick in the north to Eastleigh in the South. We also offer a payroll giving scheme, enabling employees to donate to charities in a tax efficient way.

Beyond our work with national charities, RSM supports one-off campaigns for compelling causes.

Between May and July 2021, we fundraised for UNICEF’s VaccinAid programme. With employee’s donations match-funded by the RSM Foundation, we raised £110,000. The money raised will go towards a potential 88,625 covid vaccines and medical supplies to people around the world.

Our impact

Donations
Charities

Our partnerships

Courier journeys
Duke of Edinburgh
Trees
Grants
Employing young people

Community

We want to have a positive impact on the communities where we work and live. The purpose of the work we do is to help create strong, sustainable, and thriving communities where no one is left behind.

Much of the fundraising we do with our national charities benefits our local communities. Many of our people also choose to volunteer for these organisations, including:

  • planting trees to support natural regeneration in urban areas;
  • undertaking The Duke of Edinburgh’s Gold Award for personal development and community engagement; or 
  • volunteering with Anthony Nolan to help ease the impact of blood cancer on people’s lives.

We also work with Leadership Through Sport and Business (LTSB) and Access Accountancy to promote social mobility in our communities. 

LTSB offers work experience to young people who face disadvantages and further training and employment to those who shine. Since 2014 we’ve hired 35 young people through the scheme in London, Birmingham, and Manchester. 

Access Accountancy gives students the opportunity to gain work experience. During a minimum of 30 hours practical work placement, students develop skills to improve their employability and understand what is practically involved in accountancy. We’re one of a group of firms that have committed to offering 750 work placements to students from disadvantaged backgrounds every year.

We will also be introducing a staff volunteering programme from the start of 2022. This will  allow staff to take time off for community activity and should significantly increase our community footprint across the UK. 

Modern Slavery Act 2015 

RSM is committed to social and environmental responsibility and to the fair and humane treatment of people in its employment and in its supply chains.

We have published a statement on our website in accordance with the Act explaining the steps we are taking to ensure slavery and human trafficking is not taking place in any part of our own business or our supply chains. Throughout the 2021/22 financial year, RSM is continuing to assess the risk of slavery and human trafficking in its own business and its supply chain and will publish a further statement following the financial year ending 31 March 2022.

Diversity and inclusion

RSM is committed to creating a culture in which diversity and equality of opportunity are actively promoted.

Read more