Tandem will also offer employees two days of paid volunteering annually and will target one million minutes of volunteering by 2026.
The bank will work with Foundation 92, which focuses on supporting communities to improve their lives through sport, education and bespoke projects.
It will also work with Maggie’s, which provides expert cancer care and support, and The Boathouse Youth, which works with children and young people aged 5-17 years old from deprived communities.
Other charities include Trees for Life, which aims to rewild the Scottish Highlands, and the Felix Food Project, which rescues food waste and delivers it to over 900 frontline charities and schools.
Alex Mollart, Tandem’s CEO, said: “I’m delighted to officially announce our newly revamped charity programme. We’ve done some great work in supporting some great causes over the past, but I’m excited that the new Tandem can have a more coordinated approach and one that touches on more charities – with five partners.
“What’s important is that these partners have been selected by our staff – the ones that matter to them and with our support can punch above their weight in terms of impact, with many offering vital lifelines in the community.
“The team’s already started 2024 with a bang, but we’ve got big ambitions and I’m proud that we can encourage them further with paid volunteering days, a business-wide target of one million minutes and our new roadshows and prizes.”
Last month, Tandem signed the Women in Finance charter.
