CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow British Standard for diversity and inclusion launched
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
British Standard for diversity and inclusion launched PDF Print E-mail
Tuesday, 27 June 2017
BSI, the business standards company, has launched a new standard for employers to provide guidance for good practice on valuing their employees through diversity and inclusion.

The standard, BS 76005 Valuing people through diversity and inclusion – code of practice for organizations, provides recommendations for undertaking, reviewing, assessing and undertaking a competent and principled approach to diversity and inclusion in the workplace.

The recommendations cover people management and development, and the evolution of more inclusive policies, procedures, practices and behaviours within organizations supporting diversity. The building of productive relationships with others – be they customers, clients or people within communities – is also a key recommendation in the standard.

BS 76005 is relevant to all organizations, whatever their size, sector and level of maturity. The standard recognizes that each organization is different and that decision-makers are best placed to determine the most appropriate approach according to their organization’s context.

In the standard, “valuing people” is not confined to the calculation of directly quantifiable monetary value; the term is used in recognition that “value”, defined as the inherent and unique merit and worth of people, connotes the actual – or potential – contribution that people at all levels in the organization make as a result of their capabilities, knowledge, skills, networks, experience, attitudes and insights.

The phrase “working on behalf of an organization” is deliberately used throughout to acknowledge those who might be working on behalf of organizations through agencies, sub-contractors and self-employment arrangements.

Anne Hayes, Head of Governance and Resilience at BSI, said: “Diversity and inclusivity in the workplace is no longer a peripheral issue for organizations – it is fast gaining acceptance in boardrooms across the UK as an issue which must be taken seriously. Taking steps to create a more diverse and inclusive workplace is in the interest of all organizations, whether they have ten employees or ten thousand.

“BS 76005 provides a holistic approach to diversity and inclusion which enables organizations to demonstrate a real commitment to valuing people at every level. Fundamentally, this standard is intended to facilitate the fairness and dignity of all at work.”

The standard reflects the belief that recognizing and respecting the value of people beyond the minimum rights stated in law has long-term personal, organizational and societal benefits. Indeed, the standard assumes knowledge and adherence to appropriate legislation in relation to anti-discrimination and the protection of individuals identified by certain characteristics. Consequently, it takes an approach to inclusivity and diversity which goes beyond the protections in the Equality Act 2010.

BS 76005 is informed by and support the principles contained in BS 76000 Human Resource - valuing people - management system - requirements and guidance, and existing standard which specifies high-level strategic requirements for a management system for valuing people. As well as HR leaders, the standard is expected to be particularly useful to team managers, and indeed any stakeholder interested in promoting diversity in the workplace.

The following organizations were involved in the development of BS 76005: Business Disability Forum; Business in the Community; Chartered Institute of Personnel and Development; National Centre for Diversity; Women's Engineering Society; University of Worchester. Experts in management consultancy and management and stakeholder relations were also involved in the development of the standard, as well as individual experts from: ACAS and Equality, Diversity & Inclusion.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197