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Credit: Trussell Trust

Director remuneration and supporting the Trussell Trust

As an owner and operator of community assets throughout the UK, NewRiver has experienced first-hand the very significant impact that the Coronavirus (COVID-19) pandemic has had on people across the country.

NewRiver has also seen the extraordinary contributions made by our teams, customers, occupiers, advisers, and other stakeholders, to support those who are most in need. In recognition of these circumstances, NewRiver is today announcing that its Board of Directors will be waiving 20% of their base salaries or fees for three months effective from 1 May 2020, which will be donated to NewRiver’s corporate charity partner, the Trussell Trust.

The Trussell Trust’s vital work supports over 1,200 food banks across the UK, while campaigning to ensure everyone can afford their own food. As the pandemic unfolds, more people than ever are expected to need a food bank. This donation will help the Trussell Trust continue to support food banks to ensure people in financial crisis are able to access emergency food and support during these challenging times. 

NewRiver’s partnership with the Trussell Trust began in June 2019, and to date the Company has donated close to £100,000 to support its efforts.

In addition, NewRiver staff have volunteered at Trussell Trust sites, food collection points have been installed across NewRiver’s shopping centre portfolio, and our assets have been made available for storage, awareness campaigns and volunteer recruitment. In challenging circumstances, the Company continues to work with all its stakeholders to support local causes and communities to ensure our assets meet the needs of the people they serve.