Project Aim
Baringa is pioneering a positive, people-first way of working.
To achieve this we have a set of internalized values and initiatives to make a positive impact in the world:
• Empower employees to participate in various internal initiatives and drive innovation and continuous improvement;
• Emphasize mental and physical well-being through awareness programs, advisor and coaching initiatives;
• Corporate Social Responsibility program driven and managed by the employees, including choice of causes to support, financial resources and 3 days per year for community work;
• Focus on the environment and support for local producers;
• Commitment to UN Sustainable Development Goals;
• We strive to align our whole business with a less than 1.5°C warming scenario on global scale.
Project Target Group
Our people-centric culture is holistic, not exclusively focused on a single social or environmental issue. Major target groups:
- Empower our employees with knowledge and resources to bring a positive and sustainable change in their communities;
- Encourage and support our clients in developing and implementing their own Net Zero strategies to make the world a better place together.
CSR initiatives supported in Bulgaria in 2022: PULSE Foundation; Sharo Foundation, various other initiatives.
Project Duration
Baringa Bulgaria commitment to sustainability and people-first way of working is ongoing. Our wellness and Corporate Social Responsibility (CSR) initiatives are reevaluated on annual basis and new initiatives are added as identified based on monthly employee surveys and feedback.
The initiatives to be supported by the CSR Program on annual basis are selected by the employees.
Project Activities
Key initiatives that illustrate the company’s commitment to be part of the movement of transforming the economy to benefit all people and the planet and to using business as a force for good:
• People:
- focus on employee health and wellbeing,
- annual People Fund, which employees can use at their discretion
- career development opportunities based on merit, rather than time
- emphasis on feedback and growth mindset,
- monthly employee surveys and eNPS scores
• Clients:
- positive, impactful way of working that our clients praise, as evidenced by client feedback scores
- impactful projects supporting Sustainability and Net Zero efforts of our clients and other areas of high social importance (e.g. the Covid vaccination supply chain supported by Baringa Bulgaria team)
• Communities:
- support of local charities
- 3 CSR days per year for every employee,
- pro-bono consulting
• Planet (metrics for Baringa Partners LLP as a whole):
- Carbon neutral since FY21, further reducing and offsetting emissions generated by our operations and supply chain,
- 70% of our electricity is purchased from renewable sources,
- 54% of our suppliers are local.
Project Results
Baringa is one of a few companies operating in Bulgaria that has the B Corp certification. It was obtained in May 2022 after a rigorous process of assessment of the whole company and includes a pledge to a Business model intentionally designed to create positive impact for the stakeholders.
In December 2022 Baringa Bulgaria was certified as a Great Place To Work®.
These international certifications are proof that our people-centric culture enables us to make the world a better place whilst being successful and growing at the same time.