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News release


22 October 2008

Lord Mayor's Dragon Awards reward City firms for their outstanding achievements in Corporate Community Involvement

Last night, Lord Mayor David Lewis awarded London businesses for their outstanding achievements in Corporate Community Involvement at the 21st prestigious Lord Mayor’s Dragon Awards Dinner. The Lord Mayor’s Dragon Awards recognise and reward both the work and the results of Corporate Community Involvement schemes across London.

There were nine overall winners including the former global investment bank, Lehman Brothers, which took away the Education Award for the 10 year partnership they have had with Oakland School in Tower Hamlets. This involved implementing innovative and exciting initiatives which raise the aspirations and levels of achievement for the 600 students.

Nomura, the pre-eminent Asia-based investment bank, announced it is to continue Lehman Brothers' longstanding partnership with Oaklands School in Tower Hamlets.

2008 Lord Mayor’s Dragon Awards winners are:

  • Education Award: Lakehouse Contracts and Lehman Brothers
  • Economic Regeneration Award: Mace Sustain
  • Social Inclusion Award: Deloitte and St George's, University of London
  • Heart of the City Award: Capco and Rothschild
  • Volunteer of the Year Award: Richard Zaborski, UBS (nominated by The Brokerage, Citylink)
  • Lord Mayor's Award: UBS

Lord Mayor David Lewis said, ‘It is of crucial importance, now more than ever, to applaud and raise awareness of the beneficial results that can be achieved as a result of investing in Corporate Community Involvement. Even in the current climate, businesses are continuing to go above and beyond their core work to significantly help the regeneration of their local communities and these awards reward businesses for their exceptional community achievements.’

Carolyn Housman, Corporate Responsibility Manager, City of London Corporation added, 'Many of the financial firms we work with have let us know that they are keen to fill any potential shortfalls that are a result of recent economic activities; there is a sense that we need to pull together and cover each other. We can see from Nomura’s decision to adopt Lehman Brothers’ partnership with Oakland School that the City is taking collective responsibility and collective action.’

‘The awards are retrospective and based on concrete achievements – so Lehman Brothers’ inclusion is nothing more or less than an endorsement for the superb work Lehman Brothers staff did over a sustained period. The effects of that work lives on in the lives of the children they helped.’

The judging panel also rewarded an extra award to St George's, University of London for their Experiments Roadshow. The City of London is keen to encourage more educational establishments to get involved in Corporate Community Involvement.

Individually, Richard Zaborski, Director of Human Resources, UBS won the Volunteer of the Year Award, having been nominated by his charity partner, The Brokerage, Citylink.

This year a third of all entries were from companies who have set up an effective Corporate Community Involvement programme in the last three years, showing that firms continue to recognise the importance of beginning to work in Corporate Community Involvement.

City of London Corporation’s well-established City Action scheme which brokers volunteering opportunities between private and public sector parties by matchmaking City organisations with local communities, will work to fill any shortfalls as an outcome of the cutbacks in the City.

The Dragon Awards were originally set up by the then Lord Mayor Sir David Rowe-Ham in 1987 and are now one of the most well-regarded schemes to recognize Corporate Community Involvement. The awards reveal that competitive compassion can both be good for the bottom line and for the community, as leading London corporations and their employees work with their neighbours, whether through large-scale corporate projects or on an individual volunteer basis.

Ends

Notes to Editors:
For more information, or for details about how to participate in next year’s awards, please contact:
Rosalind Jeffcoat or Lizzie Boylan Ward
Rain Communications UK
Tel: 020 7222 4345
Email: name.surname@raincommunications.co.uk

The City of London Corporation is the long-standing public body with a modern role that looks after the Square Mile, including support for the international financial services industry based in the UK. The City Corporation, whose elected head is the Lord Mayor also provides local authority services for the Square Mile and, importantly, works across wider London and UK to provide exemplary services – from the international Barbican Arts Centre, Hampstead Heath, the original wholesale food markets of London, the Port of London Health Authority, Epping Forest, the five City Brides, the internationally renowned Guildhall School of Music and Drama, and the London Metropolitan Archives. It also works with inner London boroughs on a large number of regeneration projects – and supports three inner London City Academies

The Lord Mayor acts as the ambassador at home and abroad for the UK-based financial services industry.


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