At a time when many people of different demographics are isolated or disconnected from society, we want to connect people to opportunities, to their communities and to the natural world.
We encourage our employees to get involved in both allocating funds and using their time and skills to support projects.
£2m total charitable contribution
Over 55,000 people benefited
Employees volunteered almost 2,500 hours
‘Building connection’ is the overall focus of our social and environmental impact, including charitable giving. Our work to achieve this aim is focused on two main areas:
We fund projects that help people overcome barriers and realise their potential - creating a better future for themselves and their families. Projects are primarily focused on financial or digital education and inclusion, or promoting the development of fair and inclusive employment, particularly for socio-economically disadvantaged groups.
We fund projects to enable people to engage with and protect nature, or that support habitat and wildlife restoration. This supports wellbeing, builds community cohesion, and ensures biodiversity and ecosystems can thrive for generations to come.
Through the Standard Life Aberdeen Charitable Foundation (SLACF) we direct funding to charities around the globe, with the aim of having a meaningful and measurable impact. SLACF is a registered charity with OSCR, the Scottish Charity Regulator (registered charity number SC042597).
Are you an organisation that would like to request funding? Please read our funding criteria first:
SLACF's Board of Directors has nine members, including one independent Director. The Board provides oversight and governance for our charitable giving.
Tamsin Balfour – Chairman
Paul Aggett – Independent director
Sarah Anderson - Director
David Gorman - Independent Director
Bev Hendry - Director
Michael Tumilty - Director
Amanda Young - Director
Indigenous led non-profit First Nations Foundation aims to achieve financial prosperity for Indigenous Australians. Research shows 48% of Indigenous Australians are experiencing severe or high financial stress and only 1 in 10 are financially secure, compared with 1 in 2 non-Indigenous. First Nations Foundation offers a range of solutions to meet the different needs of the Indigenous population who are spread across urban, regional and remote communities.
Our financial support is helping First Nations Foundation to roll out financial education and wellbeing training targeted to Indigenous youth. Training covers a range of topics including savings plans, managing expenses, culture and the economy. By supporting young people, the programme aims to encourage good money habits from a young age that participants can use throughout life.
We provide three paid days' volunteering leave for our people every year to contribute to their local communities. Many choose to use their time for company organised volunteering, or as charity trustees, mentors or for supporting local community groups.
We also support our colleagues to fundraise and donate to charities close to their heart through payroll giving schemes and with company matching of donations.
Standard Life Foundation is an independent charity that was established in 2016 using the unclaimed assets from Standard Life’s demutualisation ten years earlier. Chaired by Lord Darling, its focus is on research and policy work to improve financial wellbeing, living standards and personal finances for people on low to middle incomes in the UK. Currently, two of the ten trustees are from Standard Life Aberdeen plc, our CEO and Global Head of Stewardship and ESG Investment, and the other eight are independent.