How ethical is Wesleyan?
Wesleyan is a pension provider which has achieved an acceptable score on The Good Shopping Guide’s Ethical Pensions Ratings Table but Ethical Accreditation has not yet been achieved. This is important because it provides additional warranty on the company’s wider ethical, sustainable, and social policies and records.
Read more about the issues facing the Ethical Pensions sector and find out which companies have achieved accreditation for their commitment to being ethical and sustainable.
What does Wesleyan do?
The Wesleyan Provident Assurance Society was established on April 23, 1841, in a small room next to the church on Cherry Street by Birmingham’s Wesleyan Methodist Church.
At the height of the Industrial Revolution, the Society’s mission was to assist Birmingham industry workers in setting aside money for unexpected medical bills and burial costs. August 27, 1841, saw the collection of the first premium. They offered life insurance and annuities even back then, collecting a few pence each week to aid with medical and burial costs.
In which areas does Wesleyan perform well?
The brand received a top rating several assessment areas such as Environmental Report, Political Donations, and Irresponsible Lending.
Get more information about our ratings and research on our methodology page.
What can Wesleyan do to improve its ethical score?
Wesleyan is encouraged to apply for Ethical Accreditation. If successful in its application, Wesleyan would join the certified ethical brands leading the way in progressive and sustainable practices and be permitted to display The Good Shopping Guide’s Ethical Mark in its communications.
Wesleyan could also look to improve its score in the Carbon Disclosure & Reduction Targets category.
If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.
Ethical performance in category
GSG score
GSG category benchmark
Ethical Rating
Environment
-
Environmental Report
Acceptable
-
Environmental Destruction
Good
-
Carbon Disclosure & Reduction Targets
Acceptable
People
-
Irresponsible Lending
Good
-
Political Donations
Good
Other
-
Ethical Accreditation
Poor
-
Responsible Investment Policy
Good
-
Other Criticisms
Good
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating