Multiple retailer Beaverbrooks The Jewellers chairman Mark Adlestone will be recognised on the Queen’s Birthday Honours List 2015 and awarded an OBE for services to business and charity.
Commenting on his upcoming OBE, Adlestone said: “I have long felt that the world of business should work hand in hand with the worlds of philanthropy, values, ethics and community. As a business, we embrace this philosophy and I am thrilled that this honour celebrates this fact.”
The honour is in recognition of Adlestone’s charity and communal work, with particular attention to how he applies these philanthropic values to the business.
Since 2000, Beaverbrooks has donated more than £9 million to charities and Adlestone continues to encourage his 900 colleagues to work on their own charity initiatives.
Beaverbrooks donates 20 % of post-tax profits to charity via ‘The Beaverbrooks Charitable Trust’ and empowers its employees with its time-giving initiative and by matching any funds raised by teams for their own charities.
Adlestone added: “We feel we have become an example of corporate philanthropy to much larger organisations and we are extremely proud to lead by example through our purpose of Enriching Lives.”
Adlestone currently dedicates one day a week to his charity and communal work, which includes his role as Chairman of The Fed: the leading social and welfare organisation within the Jewish community of Greater Manchester.
This latest accolade comes after Mark was recognised as UK’s Best Leader for the fifth time in the ‘Sunday Times 100 Best Companies to Work For 2015’, based on his dedication to running the business on sound moral principles and inspiring his employees.