Creating social value

Contributing positively to the communities in which we work is the keystone to our approach and enables us to generate real social value.

We have developed longstanding relationships with many of the communities with whom we work, relationships that span decades. It means we are trusted, not only to deliver a project as specified, but to do so while creating employment, nurturing new talent and helping grow local smaller businesses. We create social value by doing everything from setting up social enterprises to help local people find work, to providing training opportunities to develop skills to providing free advice to residents of the housing developments we maintain on reducing their household bills.

2020 highlights

Number of apprentices drawn from local communities

Social value contributed per £1 spent

Number of hours supporting schools or community volunteering

Number of apprentices drawn from local communities

Social value contributed per £1 spent

Number of hours supporting schools or community volunteering

Our 2020 performance

Median gender pay gap

 

 

2019: 31.2%

Reduction in lost time incidents against 2018 baseline

 

2019: 16%

Invoices paid within 60 days

 

 

2019: 97%

Median gender pay gap

 

 

2019: 31.2%

Reduction in lost time incidents against 2018 baseline

 

2019: 16%

Invoices paid within 60 days

 

 

2019: 97%

Digital generation

Morgan Sindall Construction’s virtual work experience programme reaches a far broader audience than a physical one. Students, aged 14 through to 18, form project teams during the multi-day programme. They meet real-life site managers, quantity surveyors and project managers and are each assigned a different role in a project to create a seafront leisure pavilion. More than a third of the 257 students who have taken part so far in the virtual work experience were female. While Morgan Sindall has roughly double the number of women than the sector average, that still only accounts for about one in four employees. Work experience like this is a promising way to change the face of an industry by exposing those who might not have considered a career in construction to its possibilities.

 

Social symmetry

We have worked with research and policy consultants Simetrica to create the Social Value Bank tool. This piece of kit reliably forecasts, tracks and calculates the economic, environmental and social value created from construction activity, in line with best practice valuation methodology from the Treasury Green Book and OECD guidelines. The tool provides real-time web-based tracking and monetisation of social value performance against core objectives. It accounts for both positive and negative impacts so it can provide a realistic picture of social value, even taking into account geographical variations.