Interview Prep Flashcards
2 types of pensions employer sponsored schemes?
defined benefit scheme
defined contributions scheme
defined benefit scheme ?
a fixed income for when people retire
defined contribution?
based on other factors such as salary and years of service
values of company?
Providing security
Embracing new ideas
Being a team
Striving to be the best
Doing the right thing
CEO of company?
Tracy Blackwell
Chairman?
David Weymouth
buy in ?
there’s a ‘middle’ company who are responsible for the administration side of paying out the pensions and invest into things.
buy out
PIC buys the whole company and is responsible for everything including administration
how much has been invested into sustainability ?
10.3 billion
what does environmental cover?
greenhouse gas and carbon emissions
pollution
energy efficiency
deforestation
biodiversity
waste and water management
Sustainability
what does social cover?
consideration of all stakeholders
customer satisfaction
employee engagement and retention
impact on the local community
cultural and gender diversity
fair pay and taxes
what does governance cover?
principles for running a business
integrity of corporate actions
internal audit and accountability
diversity of the Board
fair profit
bribery, corruption and whistleblowing
