RWC aims to raise £300,000 for Covid-19 charity initiative

Employees have been running, cycling and attempting tricky handstands to raise money for charity

RWC Partners is double matching fundraising efforts of its employees across the globe, with the target of raising £300,000 for charities who need vital funds in the wake of the Covid-19 outbreak

Collectively known as the RWC Covid-19 Response Initiative, employees across the London, Miami and Singapore offices have been running, cycling, walking and attempting tricky handstands over the last three months in their fundraising efforts.

More than 40 individuals have taken part raising over £50,000; with RWC double matching all funds raised so that effectively ever £1 or $1 is tripled, the total has been boosted to £150,000 so far.

The aim is to reach £300,000 and has thus far been allocated to 16 different organisations. The group said its offices have engaged with local communities to find the charities that would most benefit from help.

RWC employees have embarked upon the following challenges: running 5km for every day of June for The Felix Project, a London based food-supply charity, and Operation Helping Hands, a Miami-based emergency needs charity; cycling from Lands’ End to John O’Groats for the Duchess of Kent Hospice; and walking over 1000km in 30 days for HOME, a programme providing essential support for Singapore’s migrant workers.

Additionally, the RWC risk, performance and attribution team are running a total of 750km in 30 days to raise cash for UK homeless charity Crisis, and Huan Ke, RWC’s general counsel, is currently attempting the handstand t-shirt challenge, a concept sparked by SpiderMan actor Tom Holland where individuals must put on a t-shirt while in a handstand. Ke said he is doing this to raise money for Protection Approaches, which run educational workshops to equip London school children with the understanding they need to reject all forms of identity-based violence.

Huan Ke, RWC’s general counsel, is attempting the handstand t-shirt challenge

Dan Mannix, CEO of RWC, said: “The impact of Covid-19 has extended far further than any of us could have imagined at the start of this year. We entered the pandemic, both at RWC and more broadly within our industry, from a very privileged position. With such privilege comes responsibility, and I am heartily encouraged to see so many of our people interacting with charities close to their homes and hearts.

“We hope that this programme will not only create meaningful value for each of the charities involved, but also invigorate our own people through a continued culture of kindness, mutual respect and curiosity. At a time when we may not be physically together, this provides another thread of common purpose for us all.”

To support RWC and to view all the challenges click here.

In March, ESG Clarity reported RWC announced it was continuing to pay employees and service providers across its offices in London, Miami and Singapore, even if they were unable to carry out their work.

CEO Mannix commented at the time: “Big parts of the economy are represented by small service firms, the self-employed and those on zero-hour contracts. Financially sound businesses have a responsibility in times like this to support their broader communities and we will consider ways to deepen our commitment through this period.”

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Natalie Kenway

Natalie is editor in chief at MA Financial covering ESG Clarity, Portfolio Adviser and International Adviser. She was previously global head of ESG insight for ESG Clarity and has been an investment journalist...