Mission
Lloyd's Register Foundation promotes safety and education. Most of the consolidated income is attributable to the Lloyd's Register Group, a trading group that distributes profit to the Foundation. It is received dividends and not the consolidated trading income that is available to the Foundation. The trading group is a 'Social Investment' that also furthers the Foundation's charitable aims.
Governing document
MEMORANDUM AND ARTICLES INCORPORATED 11/01/2012AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 27/06/2013AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 07 APR 2017 as amended on 29 Jun 2021 as amended on 28 Sep 2023
Charitable objects
(A) TO SECURE FOR THE BENEFIT OF THE COMMUNITY HIGH TECHNICAL STANDARDS OF DESIGN, MANUFACTURE, CONSTRUCTION, MAINTENANCE, OPERATION AND PERFORMANCE FOR THE PURPOSE OF ENHANCING THE SAFETY OF LIFE AND PROPERTY AT SEA AND ON LAND AND IN THE AIR;(B) THE ADVANCEMENT OF PUBLIC EDUCATION INCLUDING WITHIN THE TRANSPORTATION INDUSTRIES AND ANY OTHER ENGINEERING AND TECHNOLOGICAL DISCIPLINES.

