Porterbrook achieves Investors in People Gold Award

18 January 2021 | Porterbrook

Porterbrook the rolling stock asset management company, has been awarded the coveted Investors in People Gold Accreditation. 

For nearly 30 years Investors in People (IiP) has been recognised as the international standard for employee engagement. With just 17% of all UK companies achieving Gold, this accreditation demonstrates the value that Porterbrook places upon supporting colleagues across the business.

Porterbrook embarked upon the IiP pathway in 2018. The early attainment of Gold accreditation at the end of 2020 reflects the business’ commitment to continuous staff engagement and support, despite the challenges caused by remote working during much of the year. 

Kate North, Head of HR at Porterbrook, said “We are incredibly proud of having been awarded Investors in People Gold Accreditation. This is a testament to the hard work of our teams in supporting all our colleagues during this challenging time. It also reflects the wider commitment of our leadership team in establishing our people initiatives as integral to delivering continuous improvement across the business.”

In recognising Porterbrook with the Gold award, Porterbrook’s IiP assessor, Amanda Ryalls, said: “This is an amazing achievement and all down to the approach and continual effort Porterbrook has put into taking on board all of the recommendations made from the first assessment.”

Notes to Editors

Media Contacts

Porterbrook Leasing
Rupert Brennan Brown, Director of Stakeholder Engagement Rupert@porterbrook.co.uk or +44 (0)7973 950 923

Financial or corporate PR enquiries can also be directed to:

Maitland/AMO
James Isola, Partner jisola@maitland.co.uk
James McFarlane, Partner jmcfarlane@maitland.co.uk or +44 (0)20 7379 5151

About Porterbrook
• Porterbrook has been at the heart of the UK rail network for over 25 years and currently owns almost a third of the national passenger rail fleet
• The company currently has around 4,000 vehicles on lease or on order. Since privatisation, it has invested £3bn in 2,500 new passenger and freight vehicles, and is aiming to invest over £1bn in UK rail over the coming years
• Porterbrook works with a significant number of UK companies across the rail supply chain, investing £3 million per week and supporting around 7,000 UK jobs
• The company is also spending tens of millions of pounds in a significant upgrade of its fleets to reduce carbon emissions and improve air quality over the coming years
• Porterbrook employs over 150 people of which three quarters are engineers and project managers. In addition, over a third of the company’s workforce is female including a number of our executive team which compares favourably to the UK rail industry average of 16% (source: Women In Rail)
• In October 2014, the Porterbrook Group of companies was acquired by a consortium of investors including Alberta Investment Management Corporation (“AIMCo”), Allianz Capital Partners (“ACP”) on behalf of certain insurance companies of the Allianz Group, EDF Invest and a consortium of Utilities Trust of Australia (“UTA”), The Infrastructure Fund (“TIF”) and Royal Bank of Scotland Group Pension Fund (“RBS”)
 

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