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docs/financial-management.md

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*A values-led, co-owner-first framework for financial decision-making
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and governance at Torchbox*
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### 4.1 Financial transparency and accountability**
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### 4.1 Financial transparency and accountability
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*Understanding our financial journey helps us grow together as co-owners.*
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### 4.2 Profit share**
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### 4.2 Profit share
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*Success should be shared fairly and transparently across the business.*
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is paid to receive the bonus. If they have left the company before this
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point, they will not receive the bonus for that period.
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### 4.4 Financial sustainability and investment**
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### 4.4 Financial sustainability and investment
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*Investment protects Torchbox's future, even when that means reducing
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short-term rewards.*
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allow for strategic investment. Any such decision must be approved by
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the Trust Board.
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### 4.5 Fair compensation**
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### 4.5 Fair compensation
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*Everyone deserves to be paid fairly.*
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recruitment, and external market data. The findings are shared with all
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co-owners.
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4.5.2 No co-owner will earn less than the real [[Living
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Wage]{.underline}](https://www.livingwage.org.uk/what-real-living-wage)
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4.5.2 No co-owner will earn less than the real [Living
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Wage](https://www.livingwage.org.uk/what-real-living-wage)
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or the equivalent in their country of residence.
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4.5.3 We provide enhanced policies beyond statutory minimums, including in
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4.5.6 We listen to co-owner feedback when evaluating our approach to
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compensation.
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### 4.6 SLT pay**
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### 4.6 SLT pay
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*Leadership rewards must reflect performance and responsibility, not
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just seniority.*
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4.6.4 The Remuneration Committee will make the final decision.
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### 4.7 Pay for International Associates**
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### 4.7 Pay for International Associates
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We aim for an approach that ensures equitable treatment while
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recognising the unique considerations of international engagements:

docs/purpose-and-principles.md

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# 2. Purpose & principles
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# 2. Purpose & Principles
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### 2.1. Our purpose
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### 2.2. Our vision
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*We\'re setting a new standard for high-impact, responsible business.*
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*We're setting a new standard for high-impact, responsible business.*
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Our vision for the future is built on three pillars:
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They foster a culture of responsibility, inclusivity, learning, quality,
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and joy:
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2.3.1 **Spread the Joy:**\
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2.3.1 **Spread the Joy:**
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The enjoyment value
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- Find ways to connect with each other that create optimism and joy
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*We take action to reduce our environmental footprint.*
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2.6.1 We choose not to work with the most carbon-intensive industries[^1].
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2.6.1 We choose not to work with the most carbon-intensive industries.
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2.6.2 We help clients understand and reduce their digital emissions.
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docs/structure-and-governance.md

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3.1.1 Torchbox's governance is based on three key groups, each with a
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defined remit:
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- **The [Trust Board](https://find-and-update.company-information.service.gov.uk/company/12054233/officers)** controls the ownership of the company on behalf of all co-owners and ensures it is run in line with our purpose, values and long-term interests. This includes financial oversight, representing the co-owner\'s perspective in strategic matters, and holding leadership accountable for the business\'s health and direction.
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- **The [Trust Board](https://find-and-update.company-information.service.gov.uk/company/12054233/officers)** controls the ownership of the company on behalf of all co-owners and ensures it is run in line with our purpose, values and long-term interests. This includes financial oversight, representing the co-owner's perspective in strategic matters, and holding leadership accountable for the business's health and direction.
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- **The [Company Board](https://find-and-update.company-information.service.gov.uk/company/03983354/officers)** has ultimate responsibility for the running of Torchbox and meeting the company's legal and statutory obligations.
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- **Open-door access** to the SLT and the Company Board
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- **Input via the Trustee Directors**, who represent the co-owner\'s views in discussions with leadership
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- **Input via the Trustee Directors**, who represent the co-owner's views in discussions with leadership
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- **Team leads and line managers**
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