Corporate Social Responsibility

About us

Focusing on our people, and having a diverse, equitable and inclusive workplace, ensures we provide our clients with the best possible service. Ultimately, it is the people at LCP that make a difference and who go the extra mile for their clients, colleagues and community.

Our CSR priorities for the year ahead - Making our vision a reality 

  • Helping more charities and organisations through our Foundation 
  • Empowering and encouraging our employees and partners to volunteer in our communities  
  • Reducing our carbon footprint and developing engaging campaigns to encourage employees and supplier participation 
  • Ensuring we have a diverse, equitable and inclusive workforce  
  • Increasing our voice and work around responsible investment 

Our policy focuses on five areas; You can read our Corporate Responsibility Policy by clicking here.

1. Community

Contributing to the wellbeing, prosperity and health of the wider world is something that we take seriously.  We respect, support and engage with the communities in which we operate.   

LCP actively engages with the communities that are local to our offices and the charitable causes that LCP colleagues hold dear. Our London and Winchester communities groups seek to foster strong relationships with local and national charities. This allows us to achieve maximum impact for fundraising and volunteering, drawing on enthusiastic and widespread support from across the firm.  

The LCP Foundation, established in 2019, gives us a formal framework to commit to supporting our local communities through matching, grants and volunteering, all with the goal to promote LCP as a force for social good.  The LCP Foundation is one of our proudest achievements; we believe supporting charities helps to empower our local communities. 

2. People, diversity, equity and inclusion

Our success depends on the energy, motivation, and talent of our people; so it is important that we offer an enjoyable and supportive place to work.  

To learn more about LCP's diversity, equity and inclusion journey and our future goals to striving to build an inclusive workplace, where everyone is valued, explore our interactive story here

3. Environment 

The transition to low carbon and environmental resilience has been a key focus for LCP for many years and we are proud that we are operationally net zero since 2021.  

We have been able to make this commitment following a big reduction in our carbon emissions as a result of monitoring our energy and resource use, and constantly looking for ways to further reduce them. We will soon be publishing a full roadmap for how we will reduce our carbon footprint in the long term. You can read more here. 

At LCP, much of our environmental impact comes through the day-to-day actions of our people carrying out their roles. This is why the engagement of our people on the issue of reducing our footprint is so important. Our Green Champions Network is a group of people from across all business areas who have come together to promote environmentally friendly office practices and ensure third party relationships are as green as possible. 

We have also recently refurbished our Winchester office, and took the opportunity to undertake changes to improve environmental efficiency including introducing solar panels, using renewable energy providers, installing electric car charging points and increasing bike storage.  

Responsible investing is an approach to investment decisions that include environmental, social and governance (ESG) criteria, and is an integral part of our advice to clients.    

4. Public interest

We have representatives on over 60 different external professional and trade committees and groups, including ones organised by the Association of Consulting Actuaries, the Institute and Faculty of Actuaries, and the Society of Pension Professionals. In this way, we share our knowledge and expertise with others in our industry, contributing to policy development and the public interest. 

We have a commitment to working across our industries to improve policies and provide insightful analysis of issues in the public policy arena. This year our people have worked on various issues such as the development of regulation around climate change reporting and campaigns to reunite women with money they are owed due to underpaid state pensions. 

We respond to various consultations and you can view our responses here.

5. Suppliers

We ask about environmental and social factors when selecting our suppliers and support local, independent suppliers where possible. 

We have developed a new supplier onboarding process, another step on our journey to make sure that CSR is part and parcel of our supplier relationships. 

The values of our suppliers must be aligned with our own. Our Statement of Supplier Expectations sets out the minimum standards we expect all our suppliers to meet. Suppliers are also subject to our due diligence, which gives us an opportunity to find out about their practices using our online questionnaire.  

LCP CARES - our promise to our clients, our colleagues and the wider community 

Watch the video to find out more about working with LCP and our client promise.

Our pay gap report

Our annual report shows a snapshot of the difference in average earnings for our employees. This includes gender pay gap figures as required by law. For the first time we have also included our ethnicity pay gap figures

Click here to read our report