The Armed Forces Covenant (The Covenant) is a promise from the nation that those who serve or have served in the armed forces, and their families, will be treated fairly and not disadvantaged.
To date, The Covenant has been signed by more than 1500 organisations including businesses and charities, all of which have set out their support for members of the armed forces community employed by them or accessing their products and services. By signing LSEG has committed to upholding the key principles of The Covenant and to promote that LSEG is an armed forces friendly organisation, according to London Stock Exchange Group.
To celebrate the signing of The Covenant, LSEG hosted a special market open ceremony in London this morning, which was attended by Rt. Hon Tobias Ellwood MP, Minister for Defence, Veterans and People. Mr Ellwood was joined by existing and prospective signatories of The Covenant.
Defence Minister Tobias Ellwood said:
“This signing is a significant step for London Stock Exchange Group, which is set to be a strong advocate for the benefits of employing our talented Defence people in businesses across the UK.
“These practical pledges will seek to open the door to new career pathways for veterans and provide flexibility for reservists – ensuring the Armed Forces community is not disadvantaged by their service and sacrifice for our country”.
Xavier Rolet, CEO of London Stock Exchange Group:
“The armed forces through serving members, veterans and their families play a key role in the defence of our country. It is important for businesses, both large and small, to recognise the value of their contribution to the wider society and to ensure that members of the armed forces community do not face discrimination in the workplace.
“As an organisation, we are proud to be signing The Covenant today and to welcome Defence Minister Tobias Ellwood to open trading in London this morning”.